Direne Packaging and Business Advisory Services
Description
Direne Packaging and Business Advisory Services are exporters of fresh fruits and vegetables currently focusing on avocados and mangoes with contracted farmers in Kirinyaga and Makueni. It has contracted 1,060 farmers from Kirinyaga Avocados Growers Cooperative Society with Global GAP certification.
Market Opportunity/ Problem
Direne Packaging and Business Advisory Services already has a Global GAP Certificate, which has made it possible for it to expand into the European Union Markets. The challenge it currently has is getting the necessary working capital to serve these market opportunities effectively.
Company Information
Years of operation
11
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
Kenya
Other country(ies) of operation
N/A
How many employees does your business have?
56
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$)?
$250k – $500k
What is the split between equity and debt?
100% debt