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funding gap emerging markets
Kenya

Vine Fresh Limited

  • Umati
  • Invest in a Financial Institution
  • + 58 other investors
  • With EUR 20,000 Arvin and Nayna can hire 35 staff and expand to 2 markets across Europe with passion fruit.

    €20,000
    Amount
    7.00%
    Interest
    6 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€20,000
    Interest7.00%
    Maturity6 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 17 hours on 27 February 2017.

      Summary

      Arvin Gurjar worked for a large fresh produce exporter in Kenya for over 12 years but realized that smallholder farmers did not have the knowledge to produce. With this challenge, Arvin and his long-time friend, Nayna Mehta, started Vine Fresh in 2015 to export fresh produce including avocados and passion fruit by serving as the link between the farmer and various overseas markets. Vine Fresh differentiates itself by providing critical support, training and education such as borehole and irrigation access for their smallholder farmers. With 3 employees and supporting farmers in one region, Vine Fresh has now grown to 10 total staff and supporting farmers in two key agricultural regions in Kenya with almost KES 2M in sales

      Arvin and Nayna have ambitious plans to progress beyond selling fresh produce to adding value that would extend the shelf life of their products and reduce food waste. In addition, Arvin and Nayna want to provide additional support to their farmers by providing key agricultural inputs and services such as fertilizer and mechanized equipment to increase the farmers’ yield. With your loan, Arvin and Nayna can hire more than 35 staff and expand to 2 markets across Europe.


      Company nameVine Fresh Limited
      CEOArvin Gurjar
      Founded2015-01-01
      LocationNAIROBI
      SectorAgriculture
      Turnover€18,681.11
      Employees10

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 35 jobs are created
      • With this investment 140 lives are improved

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      We have already contributed to Vine Fresh Limited

      Menne Glas
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      58
      investors