Barnet Agriculture Resource Centre
Description
Barnet Agriculture Resource Centre (BHARC) is the first mile for farmers to access market for their farm produce and the last mile for distribution of inputs to farmers. It has a robust extension system which mobilizes farmers into savings groups which are also producer and marketing groups.
Market Opportunity/ Problem
Demand for groundnuts in the local and international markets is higher than what the country is currently producing. Furthermore, aflatoxin and groundnut diseases have affected the market and the yield. BHARC intends to engage producer groups with high quality seeds and extension advice.
Company Information
Years of operation
4
Type of organization
Sole Proprietorship
Stage of the business
Growth Stage
Agribusiness focus
Provision of inputs
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Malawi
Other country(ies) of operation
N/A
How many employees does your business have?
6
Does the business have more than 30% women ownership?
No
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$)?
Below $250k
What is the split between equity and debt?
60% equity, 40% debt