Description
NutriCare is a social enterprise with an inclusive agribusiness model of approach and doing business that benefits the poor as producers or consumers. The company’s model improves the livelihoods of poor farmers by integrating them in commercial value chains and thus gaining access to markets, inputs, and services like finance and training, in ways that are commercially viable.
Market Opportunity/ Problem
The issue of high micronutrient deficiency in Malawi is the problem of the current food products in the market, of which most of them have a low nutritive value or are very high in carbohydrates only. NutriCare solves this by making foods that provide the required nutrients at an affordable cost to the communities.
Company Information
Years of operation
6
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Cash Crops
Primary country of operation
Malawi
Other country(ies) of operation
N/A
How many employees does your business have?
12
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?
90% debt and 10% equity