Description
eProd Solutions offers an outgrower management ICT platform for farmer cooperatives, food processors, and agricultural commodity traders to source from large numbers of small-scale farmers in developing countries.
Market Opportunity/ Problem
It is a big challenge for the tens of thousands of African agricultural commodity traders and food processors to source from Africa’s millions of small-scale farmers. eProd Solutions thus assists buyers to organize farmers and field registration, field inspections, collections, traceability, payments, training programs, and therefore streamlining their sourcing process.
Company Information
Years of operation
6
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Enabling (Digital agriculture/aggregation platforms)
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Kenya
Other country(ies) of operation
Uganda, Ethiopia, Tanzania, Rwanda, Malawi, Benin, Ivory Coast, Nigeria
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$)?
500k-1m
What is the split between equity and debt?
50% equity, 50% debt