Description
Lasorex is a licensed aggregator with the Ghana Commodity Exchange. The company supplies clean quality soybeans, rice, maize and other soft commodities to individuals and corporate firms. This is achieved through advisory and support services (agro input, appropriate technology, appropriate mechanization, market etc.) provided to smallholder schemes
Market Opportunity/ Problem
The biggest challenge of small, medium and large organizations, including processing firms and vendors in the soy, maize and rice value chain is to source quality raw material to meet their plant operating capacity and market demands, respectively. It is even more difficult when done without an “insider” expert who manages smallholder operations. Lasorex aggregates and supplies clean quality grain to individuals and corporate organizations.
Company Information
Years of operation
12
Type of organization
Sole Proprietorship
Stage of the business
Growth stage
Agribusiness focus
Other
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Ghana
Other country(ies) of operation
N/A
How many employees does your business have?
19
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?
100% debt