YALELO LIMITED
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Who is our client
Yalelo is an aquaculture organization that sustainably produces, distributes, and markets fish mostly in Zambia. Yalelo’s mission is to produce an abundant supply of affordable protein for the African continent. Yalelo has retail outlets throughout Zambia, distribution centres in Lusaka and Kitwe, corporate offices in Lusaka, and an aquaculture production facility in Siavonga.
Funding objective
The objective is to support Yalelo’s Covid-19 response strategy.
Why we fund this project
As part of FMO’s Covid-19 Response Package, the Emergency Grant Facility supports FMO’s customers to adapt or scale their business models to provide vital goods and services to help employees, workers, and communities cope with the pandemic, and to support customers’ business continuity efforts.
More investments
| Date | Total FMO financing |
|---|---|
| 4/12/2019 | USD 2.50 MLN |
| 4/12/2019 | USD 8.00 MLN |
- Region
- Africa
- Country
- Zambia
- Sector
- Agribusiness, Food & Water
- Signing date
- 9/17/2020
- Total FMO financing
- EUR 0.10 MLN
- Fund
- 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+