AgDevCo provides a USD 225,000 loan to Tropha Ltd, Malawi

January 28, 2014

AgDevCo provided a working capital loan of USD 225,000 to Tropha Ltd in Malawi to buy, process and sell 100 tonnes of birds eye chillies. The programme should provide incremental cash incomes of about USD 130,000 to 4,000 smallholder farmers in the area, who currently do not have access to a reliable market for their crop.