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Olkalou Dairy
Description
Olkalou Dairy is a private limited company wholly owned by small-scale farmers from Nyandarua county. The company collects milk from farmers, bulks it and chills it, and then sources a market for the milk.
Market Opportunity/ Problem
There is a huge demand for milk and milk products in Kenya. However, the largest demand is from the informal sector because of the low pricing. For the formal sector, there is a need to reduce the cost of production to compete.
Company Information
Years of operation
19
Type of organization
Cooperative
Stage of the business
Growth stage
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Livestock
Primary country of operation
Kenya
Other country(ies) of operation
N/A
How many employees does your business have?
92
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
$1m
What is the split between equity and debt?
40% equity and 60% debt
