Description
Mujaasi Investments Limited (MIL) is involved in value addition of grain and cereal harvests. It does this by mobilizing local smallholder farmers into solid producer organizations to consolidate upstream supply chain
Market Opportunity/ Problem
While grain and cereal trade is a lucrative business, the lack of proper storage and processing facilities has crippled the sector especially given increased bans of imports from Uganda. Mujaasi Investments Ltd (MIL) has established rice, maize, sorghum and soya bean storage and processing facilities at Mutukula, Uganda to address this issue
Company Information
Years of operation
5
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
Uganda
Other country(ies) of operation
N/A
How many employees does your business have?
30
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$)?
>1m
What is the split between equity and debt?
50% debt and 50% equity