YAK Fair Trade 12

Rwanda

YAK Fair Trade 12

YAK

Invester i en bedrift

+ 487 andre investorer

This new loan will be used for the purchase and sales of rice. With EUR 200,000 YAK Fair Trade is able to buy 275,000 kg of rice from Tanzania and Pakistan.

€200,000

Beløp

6.50%

Interesse

18 måneder

Modenhet

6 måneder

Tilbakebetalinger

EUR

Valuta

Beløp	€200,000
Interesse	6.50%
Modenhet	18 måneder
Tilbakebetalinger	6 måneder
Valuta	EUR

100%

Fullt finansiert på 2 dager på 21 November 2022.

Prosjektet

General information

Borrower: YAK FAIR TRADE LTD
Maturity: 18 months, semi-annually and linearly amortizing
Repayments: After 6, 12 and 18 months
Interest rate: 6.5% p.a.

Summary

Yak Fair Trade Ltd is a Rwandan agribusiness trade and livestock business (established in 2010) providing affordable and nutritious products (grains, meat and meat products), based in the Rwamagana district of the country’s Eastern Province. YAK sources indirectly from over 65,000 Rwandan small holder farmers through 52 cooperatives and processes them for sale to larger food processing companies.

One of YAK’s main clients is African Improved Foods (AIF), a public-private partnership involving DSM, Government of Rwanda, IFC, CDC Group and FMO, which locally produces highly nutritious foods for infants as well as pregnant and breastfeeding mothers.

Yak Fair Trade Ltd was founded by Janvier Gasasira and Mediatrice Uwingabire in 2010, initially focused on staple food value chain development including the processing and distribution of grains and wide variety beans and in 2010 expanded its offering to include dairy value chain development. YAK also owns shops in Kimironko Gasabo, Muhanga and Rwamagna districts for crop production.

Historically, YAK has purchased a minimum of 60% of its products from small holders farmers (via cooperatives) and hopes to increase the percentage of purchases from SHF through improved trade finance and capacity development of the farmers.

Loan purpose

The loan will be used for the purchase and sales of rice. With EUR 200,000 YAK Fair Trade is able to be purchasing 275,000 kg of rice from Tanzania and Pakistan.

YAK also acknowledges the need for earlier education at the cooperative level to improve farming methodologies and output. Yak train farmers on best practices as well as post-harvest technologies to avoid loss of production.

Mission

The company’s mission is to sustain the private entrepreneurship through sustainable development of supply chains of food to different clients.

Vision

To become a leading and prominent regional and international company in the food supply chain.

Selskapets navn	YAK
ADMINISTRERENDE DIREKTØR	Janvier Gasasira
Grunnlagt	2010-01-01
Beliggenhet	Rwamagana
Sektor	Landbruk
Omsetning	€2,800,000
Ansatte	30

Påvirkning

YAK Fair Trade jobber hardt for å forbedre Rwandas landbrukssektor, som sysselsetter to tredjedeler av landets arbeidsstyrke. Sektorens største utfordring er å få bukt med den begrensede tilgangen på råvarer av høy kvalitet. YAK gir småbønder opplæring i beste praksis og teknologi etter innhøsting for å unngå produksjonstap. Mer miljøvennlig og bærekraftig jordbrukspraksis kan øke avlingene og hjelpe bøndene med å bli mer lønnsomme. YAK kjøper inn produkter fra over 65 000 lokale småbønder gjennom 52 kooperativer, og bearbeider dem for salg til større matforedlingsbedrifter. Eventuelt overskudd selges til andre institusjoner som World Food Program og UNHCR. Dette brede samarbeidet bidrar til å styrke levebrødet på landsbygda, husholdningenes inntekter og matsikkerheten.