Description
Origen Group produces high-quality cold-pressed avocado oil made from the finest grown hass and fuerte Kenyan avocados.
Market Opportunity/ Problem
Over 40% of avocados in Kenya are lost due to poor post-harvest handling. Only about 15% of Kenya’s avocados are exported as most fruits do not meet export standards. Origen purchases all these fruits for crushing to make avocado oil, a high-value product for export.
Company Information
Years of operation
2
Type of organization
Sole Proprietorship
Stage of the business
Early stage/ Startup
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?
60
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?
100% debt