Saipei Foods Ltd.

With a loan of EUR 85,450 Saipei Foods will be able to service her existing clients including new clients just acquired in Spain.

funding gap emerging markets

The project

Lucy Njeri Kuria, a Kenyan entrepreneur, is the co-owner and director of Saipei Foods, a growing exporting company focused on feeding the world with fresh fruits and vegetables.
Incorporated in June 2013, Saipei Foods Ltd is a Kenyan company dealing in processing, packing and exporting of fruits and vegetables with a specialty in the Hass and Fuerte varieties of avocado. The company also ships mangoes and fresh vegetables during the avocado off-season.

Their major markets are in Europe- France, Netherlands, Belgium, Middle East, Asia and recently got a big client in Spain. The company owns an avocado processing line on which they also process avocados for other exporters at a fee. Saipei Foods engages young, small holder farmers in rural areas, whom they train and support to grow and supply them.

The company also works with a limited number of aggregators in compacting their comprehensive supplier base that ensures consistent supply of quality produce when needed. Saipei encourages good agricultural practices and adheres to all industry standards requirements

FinancialAccess

CEO
Lucy Njeri
Founded
2013-01-01
Location
Nairobi
Sector
Agriculture
Turnover
€478,632.47
Employees
10
€85,450raised
Fully funded in 48 minutes on 20 September 2018.
128investors
Invest in microfinance
€85,450
target
6.0
%
Interest
12
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

10
Jobs created
50
Lives improved