Project area: Health Enterprise
Project name: Seeking funding
Company/Promoter description: Raintree Farms is a value-adding grower and processor of medicinal crops. The company is a social enterprise focused on improving the economic livelihoods of the farmers and workers it engages with. Its primary product is derived from a medicinal crop called moringa oleifera. Raintree Farms manufactures value-added, organically certified moringa oleifera products for domestic and international markets for both medicinal and food consumption uses. In 2020, the company also launched a direct-to-consumer beauty brand called Qwezi Beauty. It leverages the medicinal and beauty benefits of moringa oil, shea butter, and other natural ingredients. It is a local natural beauty alternative to imported products. Under the brand, the company plans to launch 30 to 45 different products.
Project Description: Raintree Farms desires an equity and manufacturing knowledge partner for the expansion of operations which will include: building a state-of-the-art production factory with modern manufacturing equipment. This will complement a USD 200,000 grant partnership with USAID which was extended to aid the expansion of the company’s post-covid supply chain to over 250 farmers
Project objectives: The investment will enable the company to diversify revenue streams by expanding the DTC product portfolio across multiple consumer categories and market verticals. The company plans to expand the number of retail SKUs from seven to over 40 within the next 3 years with a target of retail revenue accounting for 70% of the company’s revenue by FY 2025-2026.
Promoter contribution: Euro 2,010,784,50
Partnership Request: Seeking funding and knowledge partners to contribute EUR 2,050,618.00 in exchange for equity.