Description
Haraka Holdings engages in seed multiplication of improved maize, beans, and soya seeds through contract farming with smallholder farmers. At the same time, the company also acts as an outgrower of other big seed companies.
Market Opportunity/ Problem
Rwanda has faced the challenge of obtaining improved seeds on time for its farmers for the last two decades due to ~95% of seeds being imported. Haraka Holdings solves this challenge by producing quality seeds locally.
Company Information
Years of operation
3
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Rwanda
Other country(ies) of operation
N/A
How many employees does your business have?
5
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$)?
50k-500k
What is the split between equity and debt?
80% debt and 20% equity