Meru Greens Horticulture EPZ
Description
Meru Greens Horticulture is a private service provider that is involved in the production and processing of fruits and vegetables from recruited smallholder farmers and distributed within domestic and EU export markets
Market Opportunity/ Problem
Meru Greens has market orders for fruits and vegetables from the European Union and domestic markets but cannot meet the demands due to absence of stable and consistent supply of high-quality produce. The company sources raw materials from smallholder farmers and making supply available year round
Company Information
Years of operation
6
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Kenya
Other country(ies) of operation
N/A
How many employees does your business have?
650
Does the business have more than 30% women ownership?
No
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$)?
>1m
What is the split between equity and debt?
US$3m Equity and US$3.5m Debt