Rabboni Group Limited 2
With a loan of EUR 81,000 Daniel can further invest in his milling company and expand cooperation with farmers.
€81,000
6.00%
12 months
6 months
EUR
CurrencyAmount | €81,000 |
Interest | 6.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
The project
Rabboni was incorporated in December 2014. The company is located in Mukono, central Uganda where they have a milling plant located on approx. 6.5 acres. The core business of the company is to add value to maize grain by cleaning, drying and milling as well as making it accessible to markets locally and other regions in Kenya and Rwanda.
The company has grown rapidly in last 3 years and has built up a 5% market share in Uganda. They are known for their high value maize flour and animal feeds. Agro-processing contributes 85% of turnover, with the remainder derived from transportation and distribution services. Rabboni works with 1200 smalholder farmers who supply maize.
Company name | FinancialAccess |
CEO | Daniel Joloba |
Founded | 2014-01-01 |
Location | Kampala |
Sector | Agriculture |
Turnover | €286,000 |
Employees | 18 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 10 lives are improved