SUCAFINA HOLDING S.A. (FMO-55860)

Countries
  • Afghanistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Sucafina
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.06 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ FMO website

Updated in EWS Dec 20, 2020


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Project Description

The  main objectives of the project is to support Sucafina to develop ‘Farmer Hubs’.  Farmer Hubs are both physical and digital businesses that create economically successful farmers through business models being tailored to the different origins and types of farmers. The project is designed in three phases, from i) incubation to ii) piloting to iii) scaling.

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors

Sucafina, one of the leading coffee traders in East Africa, sourcing large volumes of coffee through its mainstream business, as well as premium coffee in smaller volumes, but with higher margins.

Contact Information

Independent complaints mechanism

The Mechanism ensures the right to be heard for Complainants who feel affected by an FMO-Financed Operation in order to enable resolution of disputes and assist FMO in drawing lessons learned for current and future operations. FMO strives to implement a robust and independent procedure and to communicate transparently about it to stakeholders.

The Mechanism is a joint initiative of DEG - Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and FMO. Since July 2018, the French Development Finance Institution Proparco has also joined the Mechanism.https://www.fmo.nl/independent-complaints-mechanism