RUNGWE AVOCADOS LIMITED

Our social impact
livelihood
IMPROVED LIVELIHOODS

RAC runs an extensive smallholder scheme of 4,046 farmers and employs 135 FTE staff.
Lift in income
UPLIFT IN INCOME
RAC provides a guaranteed price to smallholders from export of quality fruit. In 2017, RAC purchased 81MT of smallholder produce for export to Europe.
Food security
FOOD SECURITY
100 ha microjet irrigation system has improved yields on the commercial farm. Technical advice and input support to smallholders has also allowed some farmers to receive a second, off-season crop from their trees for the first time.
Community
IMPROVED COMMUNITIES
Smallholders are supplied with inputs to improve nutrition and resistance of crops. RAC is also training smallholders to receive Global G.A.P. certification.
Overview
The Challenges

Rungwe Avocado Company (RAC) is an avocado producer and exporter, linking a large number of smallholder avocado producers to export markets in Europe. The business supports over 4,100 outgrowers, providing inputs and services as well as purchasing through guaranteed off-take agreements. Additional financing was required to develop irrigation on the commercial farm and support the on-going development of its supply chain and outgrower production base.

Our Approach

AgDevCo’s investment of $1,500,000 has funded the installation of 100 ha of micro-jet irrigation on the commercial farm and the continued support of the outgrower scheme. The funding has also enabled further development of the cold storage supply chain and distribution channels to facilitate access to export markets.

Our Impact
  • 390 MT of avocados exported to Europe in 2017.
  • Only business in the region to export fresh produce to Europe.
  • Global G.A.P. training being rolled out to farmers. Number of farmers selling export-quality fruit increased from 250 in 2015 to 1,250 in 2016.
investment
$2,130,288
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