SUCAFINA HOLDING S.A.
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
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 is a leading sustainable “farm to roaster” coffee company, with a family tradition in commodities that stretches back to 1905. Today, with more than 900 employees in 28 countries, the Group is a leading player in the world of green, roasted, instant coffee merchanting.
What is our funding objective?
The objective is to support Sucafina to launch a large-scale trial of remote extension services to adapt to the new work constraints related to the Covid, including communication to include approved guidance on protective measures, good agricultural practices (GAPs) and commercial information.
Why do we fund this investment?
By enabling smallholders to be more independent in growing their own food and more aware of basic hygiene and safety measures, they become more resilient in the long term. Ensuring safe jobs in Sucafina’s work environment will help the communities to cope with the economic crisis.
More investments
| Date | Total FMO financing |
|---|---|
| 11/7/2022 | EUR 0.03 MLN |
| 7/10/2020 | USD 17.00 MLN |
| 12/19/2019 | EUR 0.18 MLN |
| 8/24/2022 | EUR 0.06 MLN |
| 4/21/2022 | EUR 0.23 MLN |
| 3/2/2022 | USD 10.00 MLN |
- Region
- Africa
- Country
- Uganda
- Sector
- Agribusiness, Food & Water
- Effective date
- 9/3/2020
- Total FMO financing
- EUR 0.10 MLN
- Funding
- Building Prospects
-
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+