Agro Marketplace, S.A.
Description
Kepya is more than a marketplace. It is an ecosystem through which small scale farmers are able to interact with the market, accessing products and services that allow them to better carry out their activity, and where they can sell their production in a trustful environment. Through the installation of small warehouses (CSAs) in rural areas that are managed from an app integrated into a system linked to the different partners, it is possible to connect small farmers, often info-excluded, to the national market, allowing their needs to be met and their products to be marketed
Market Opportunity/ Problem
Angola’s agricultural GDP per capita is USD 0,85 when in Brazil is USD 25 and in Kenya is USD 40. Population grows at a pace of 3% while GDP growth is stagnant. The country is becoming poorer but focusing on agriculture as the new engine to support economical growth. However, the 9 million small holder farmers, who grow 80% of domestic production struggle to connect to the market. They have little access to inputs, serious difficulties in selling their products and suffer from many losses in productivity and waste. Being a large country with a dispersed population, the distances to consumer and trading urban centers can be great. Farmers are not only physically distant from the market, but also distant from market information. Kepya leverages its presence on the ground with technology and other startup partners to allow information and products to circulate between producers and buyers in the agricultural sector.
Company Information
Years of operation
5
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Marketplace
Agriculture value chain(s) focus?
Marketplace
Primary country of operation
Angola
Other country(ies) of operation
N/A
How many employees does your business have?
12
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
USD 500.000
What is the split between equity and debt?
100% equity