Description

The cooperative was formed to provide a good market structure for the young people through joint bulking/ aggregation of oilseeds, provision of foundation and quality seeds through an established network of local seed business, provision of agro-input, access to credit, agro insurances, extension, and plowing/tractor services.

Market Opportunity/ Problem

Uganda’s demand for vegetable oilseed is high, following increased global demand for vegetable oil and animal feeds (seed cake) over the years. Uganda still imports most of its vegetable oil which leads to forex loss. However, local processing in the northern region has increased, thereby presenting an opportunity for import substitution and presenting market opportunities for organized farmer-owned agribusinesses.

Company Information

Years of operation

2

Type of organization

Cooperative

Stage of the business

Early stage/ Startup

Agribusiness focus

Other

Agriculture value chain(s) focus?

Cash Crops

Primary country of operation

Uganda

Other country(ies) of operation

N/A

How many employees does your business have?

10

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$)?

50k-500k

What is the split between equity and debt?

60% debt and 40% equity
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How to engage

Please reach out to us on dealroom@agra.org for any queries or support. The SMEs can be reached directly through the unique link found on their company profile page.