MASIFIO ESTATES LIMITED

Our social impact
livelihood
IMPROVED LIVELIHOODS

In 2015, Masifio Estates employed 71 full time people, 47% women. 20 women were also employed as part-time wheat cleaners on the farm.
Lift in income
UPLIFT IN INCOME
Employees’ salaries are almost three times the national minimum agricultural wage. In-growers earn, on average, twice the minimum agricultural wage.
Food security
FOOD SECURITY
Mushroom production started in May 2015 and the business is producing an average of 350kg/week for sale to domestic costumers.
Community
IMPROVED COMMUNITIES
Masifio is committing to training local farmers and employees, from subsistence growers to emerging commercial farmers through its ingrower programme.
Overview
The Challenges

Horticulture makes a significant contribution to food security and nutrition. However, the market in Tanzania is still heavily reliant on imported produce. Masifio required funding to allow it to expand its horticultural business and diversify into mushroom production, to reduce the reliance on expensive and often poor quality mushrooms imported into Tanzania.

Our Approach

AgDevCo financed the capital expenditure and first year working capital costs associated with establishing the mushroom unit as part of Masifio’s broader horticulture operation. The investment has enabled Masifio to begin supplying the domestic market with fresh mushrooms, helping to reduce the need for imports.

 

Our Impact
  • The only commercial mushroom producer in Tanzania.
  • Current production of 350 kg of mushrooms per week, replacing imported produce.
  • The only pre-packaged salad provider in Tanzania.
investment
$20,000
Committed Investment
We believe we can deliver more impact by making investments that help responsible agribusinesses grow.
If you believe your business meets our investment criteria, we want to hear from you.
Contact us