Project detail - FEEDSOL PRIVATE LIMITED

FEEDSOL PRIVATE LIMITED

Status: Completed investment
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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

The client is Engro Foundation in partnership with Seed Ventures, a Pakistani VC Fund.

What is our funding objective?

The objective is to create a ‘Silage Social Enterprise’ (SSE) in the animal feed sector that will improve smallholder farmers’ access to high nutrition feed while making the business more inclusive. The social enterprise will be for-profit and engage in the production, marketing and distribution of silage, which is considered an affordable and highly nutritious substitute fodder during the feed shortage periods twice per year.

Why do we fund this investment?

This project is aligned with FMO’s Seed MASSIF strategy, because the Silage Social Enterprise set up by Engro Foundation is an innovative market based approach to improve smallholder farmers’ livelihoods and increase food security in rural areas in Pakistan.

Website customer/investment
http://engrofoundation.com
Region
Asia
Country
Pakistan
Sector
Agribusiness, Food & Water
Effective date
12/18/2018
End date
12/15/2021
Total FMO financing
EUR 0.30 MLN
Funding
MASSIF