Quinta da Bela Vista Limitada (QBV)

QBV is located in Boane, Mozambique adjacent to the Pequenos Libombos dam. 

Investment information

$3,000,000
Committed investment
Primary production
Primary value chain focus
Committed investment
Primary value chain focus

Expected impact

238

Jobs created / maintained

50%

Jobs created / maintained for women

$245,000
Total annual income for employees

Jobs created / maintained

Jobs created / maintained for women

Total annual income for employees

Our role

QBV is located in Boane, Mozambique adjacent to the Pequenos Libombos dam. The project started in 2016 and 128 ha of bananas have been planted to date. AgDevCo funds will be used for refinancing existing short-term loans, working capital and capex related to the project. This will sustain the current employees and contribute to the increase of employees in the next years. Most employees come from densely populated but extremely poor areas with limited formal employment. Thus, the project is improving livelihoods in surrounding communities. The export of bananas offers Mozambique the opportunity to increase foreign exchange revenue.

Our investments in Mozambique

Investment Total invested Investment type Start date
AC Matama $500,000 Debt / Equity 2014
Citrum $5,925,000 Debt / Equity 2017
ECA $2,645,000 Debt / Equity 2011
Quinta da Bela Vista Limitada (QBV) $3,000,000 Debt / Equity
SAN-JFS - Technical assistance
Transurban $1,150,000 Debt / Equity 2018
Westfalia Fruto $5,580,000 Debt / Equity 2014