Original disclosure @ DFC website
Updated in EWS Jun 27, 2020
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This Project concerns support for the expansion of a fresh produce distributor in Kenya, through the purchase of new transport and storage equipment. The Project Company operates a platform for the purchase of fresh produce from local farmers, for sale to local markets, and through this position, delivers these goods to market. The vast majority of fresh produce in Kenya is sold through an inefficient, informal network of brokers and middlemen, resulting in high amounts of waste and high prices for endconsumers. Twiga is the first company in Kenya to aggregate demand for and supply of produce onto a single technology platform while providing the logistical movement of those goods as a service. For small farmers, this means guaranteed offtake and better visibility of expected earnings prior to harvest. Urban vendors access a diversified product basket and an improved quality product that is conveniently delivered to their stalls at no charge. By reducing food wastage, Twiga helps lower food prices and improve food security.
No contact information provided at the time of disclosure