Bunga Bunga Ubutaka (BBU)
Description
Bunga Bunga Ubutaka is a tractor service company providing tractor services to small-scale farmers in Rwanda.
Market Opportunity/ Problem
In Rwanda, over 70% of agricultural activities are carried out by hand. This is a huge barrier to farm productivity and profitability. In most districts in which BBU operates, it is the sole provider of tractor services for farmers.
Company Information
Years of operation
1.5
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Rwanda
Other country(ies) of operation
None
How many employees does your business have?
10
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?
100% debt