IAKIB Co-operative
Description
IAKIB is a dairy farmers’ co-operative organization located in Gicumbi District, in Northern Province of Rwanda
Market Opportunity/ Problem
IAKIB targets the general consumer market; its customers include a variety of retailers, institutions such as schools, the police, prisons and military forces, and refugee camps. IAKIB also exports mainly to the DRC The co-operative has distribution outlets in key urban centres that are accessible to local retailers and consumers.
Company Information
Years of operation
14
Type of organization
Cooperative
Stage of the business
Mature
Agribusiness focus
Value addition/processing
Agriculture value chain(s) focus?
Livestock
Primary country of operation
Rwanda
Other country(ies) of operation
N/A
How many employees does your business have?
102
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$)?
Below $250k
What is the split between equity and debt?
65% debt and 35% equity