YAK Fair Trade 12

Rwanda

YAK Fair Trade 12

YAK

Direkta investeringar

+ 487 andra investerare

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

Belopp

6.50%

Intresse

18 månader

Löptid

6 månader

Återbetalningar

EUR

Valuta

Belopp	€200,000
Intresse	6.50%
Löptid	18 månader
Återbetalningar	6 månader
Valuta	EUR

100%

Fullt finansierat på 2 dagarpå 21 November 2022

Projektet

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.

Företagets namn	YAK
VD	Janvier Gasasira
Grundat	2010-01-01
Plats	Rwamagana
Sektor	Jordbruk
Omsättning	€2,800,000
Anställda	30

Påverkan

YAK Fair Trade arbetar hårt för att förbättra Rwandas jordbrukssektor, som sysselsätter två tredjedelar av landets arbetskraft. Sektorns största utmaning är att övervinna den begränsade tillgången till högkvalitativa produkter. YAK utbildar småbrukare i bästa praxis och teknik efter skörd för att undvika produktionsförluster. Ökade miljömässigt hållbara jordbruksmetoder kan öka avkastningen från jordbruket och hjälpa jordbrukarna att bli mer lönsamma. YAK köper in produkter från över 65.000 lokala småbrukare via 52 kooperativ och bearbetar dem för försäljning till större livsmedelsföretag. Eventuellt överskott säljs till andra institutioner som World Food Program och UNHCR. Detta breda samarbete gynnar försörjningsmöjligheterna på landsbygden, hushållens inkomster och livsmedelssäkerheten.