SUCAFINA HOLDING S.A.
Status: Approved investmentWhy disclosure?
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In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Sucafina, one of the leading coffee traders in East Africa, sourcing both large volume margin coffee through its mainstream business and premium coffee in smaller volumes but with higher margins.
What is our funding objective?
The objective is to support Sucafina with the Farmer Hub Activation phase, which is the extension of the initial Farmer Hub Initiative that was finalized in June 2019 with the support of Capacity Development (CD).
Why do we fund this investment?
The project is highly relevant for FMO’s AFW strategy and its sustainability ambitions. It is also aligned with IDF’s focus on improving livelihoods for smallholder farmers because the project’s impact is expected to contribute to inclusive development and economic growth.
More investments
| Date | Total FMO financing |
|---|---|
| 11/7/2022 | EUR 0.03 MLN |
| 9/3/2020 | EUR 0.10 MLN |
| 7/10/2020 | USD 17.00 MLN |
| 8/24/2022 | EUR 0.06 MLN |
| 4/21/2022 | EUR 0.23 MLN |
| 3/2/2022 | USD 10.00 MLN |
- Country
- Global
- Sector
- Agribusiness, Food & Water
- Effective date
- 12/19/2019
- Total FMO financing
- EUR 0.18 MLN
- Funding
- Building Prospects
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+