Vendor Agribusiness Systems
Vendor Agribusiness Systems work with smallholder farmers to produce chili pepper. The company provides aggregation and postharvest handling services and then process the chili pepper into dry form for industrial and export purposes.
Market Opportunity/ Problem
Demand for chili pepper grows continuously because of its growing industrial uses and its health benefits. In addition, the African Free Trade act has seen an influx of other African nationalities purchasing Nigerian dried chili pepper. This has driven the price to more than 150% in recent times.
Years of operation
Type of organization
Stage of the business
Early stage/ Startup
Value addition/ processing
Agriculture value chain(s) focus?
Primary country of operation
Other country(ies) of operation
Plans to expand to Rwanda, Kenya, and Ghana
How many employees does your business have?
Does the business have more than 30% women ownership?
Does the business have more than 30% youth ownership (under 35 years)?
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
What is the split between equity and debt?
80 % equity, 20% debt