Agri Bio Imports and Exports Company Limited
Description
Agri Bio is registered in Tanzania to execute inclusive agriculture and agribusiness interventions aligned with an established agribusiness nexus with public health entrepreneurship in the country.
Market Opportunity/ Problem
“The company solves the challenge of 1). Access to products and services by engaging low-income households as customers for its products and services tailored to their needs i.e., affordable, healthy foods, packaging, and distribution; 2). Create income-earning opportunities for community members as prime producers, employees, entrepreneurs, suppliers, distributors, retailers, and shareholders. Agri Bio’s model is 60% B2C for local markets and 40% B2B for foreign markets. ”
Company Information
Years of operation
3
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Tanzania
Other country(ies) of operation
N/A
How many employees does your business have?
7
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
Yes
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
>1m
What is the split between equity and debt?
100% Debt