Description
G2L is a food processing and agricultural commodity trading company that integrates small-scale production with national and regional buyers and consumers of high-quality processed food and whole grain. The company achieves this by managing a fully capitalized and coordinated supply chain for processed food and dried agricultural commodities.
Market Opportunity/ Problem
With an estimated population of 55.6 million, of which 9.7 million are children under five years (0–59 months), Tanzania has made progress in reducing malnutrition in all its forms. A tangible reduction has been realized in the number of underweight and those suffering from chronic malnourishment. However, despite these gains, concerns persist regarding the high rates of stunting among children. G2L is determined to be a new local producer of quality baby foods in Tanzania.
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
Tanzania
Other country(ies) of operation
N/A
How many employees does your business have?
21
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$)?
500k-1m
What is the split between equity and debt?
100% debt