Description
Vitea is an integrated farm in rural Uganda employing mainly women and youth while promoting sustainable methods and aiming at value addition
Market Opportunity/ Problem
With increasing population and migration to urban areas in Uganda, the need for sustainable food systems is key to ensuring food sufficiency in the country. Vitea solutions intends to fill this gap by producing safe and nutritious foods that ensures proper nutrition amongst Ugandan households and beyond.
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?
Other
Primary country of operation
Uganda
Other country(ies) of operation
Countries neighbouring Uganda
How many employees does your business have?
5
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?
40% debt and 60% equity.