Agriculture Infrastructure & Investment Company (AIIC)
Description
The AIIC is a private seed producer and distributor running a community-based marketing and outgrower scheme in Liberia.
Market Opportunity/ Problem
The market opportunity for milled rice, cowpeas, and seed rice in Liberia is significant. The demand for these products is driven by bulk buyers, including the WFP, MA, FOA, govt, and the private school feeding programs. AIIC addresses the main production issues in these value chains, including the high cost of land acquisition, quality farm machinery, and effective use of chemicals through an established out-grower model.
Company Information
Years of operation
12
Type of organization
Partnership
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Liberia
Other country(ies) of operation
N/A
How many employees does your business have?
26
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$)?
500k-1m
What is the split between equity and debt?
50% equity, 50% debt