You can still donate online for other projects through the OVO Acceleration Fund (with tax certificate as from € 40). Would you like to invest directly? Please follow this link: https://donate.kbs-frb.be/actions/FFO-OVOAcceleration?lang=en_EN
You can still donate online for other projects through the OVO Acceleration Fund (with tax certificate as from € 40). Would you like to invest directly? Please follow this link: https://donate.kbs-frb.be/actions/FFO-OVOAcceleration?lang=en_EN
"As a coach, I am willing to support, finance and monitor this project. The business plan is quite thorough and the financial plan presents realistic expectations."
Napas, a licensed agri-food company since 2018, based in Kikyusa, Luwero district, in Uganda, with a factory in Kampala, employs 34 people and collaborates with over 10 local farmers for fruit sourcing.
Snap Juice, made from locally grown fruit, is a high-quality juice from mango and pineapple. There are plans to expand the product range in order to improve distribution.
The company has invested in machinery to process the fruit, as well as in a building which it rents but is too small to accommodate new machines needed for growth.
In March 2023, the company purchased a plot of land nearby through an equity contribution and completed the first phase of the building.
Napas Agro Processors aims for growth, excellence and leadership in the sector. Its main objective is to increase production capacity and improve product quality.
Today, they could sell more than they produce.
With the new building and the acquisition of new machinery, the company plans to increase its production capacity fivefold thanks to automation.
Napas stands out for its proactive approach and its investment in cutting-edge technology, which enables it to provide top-quality products, create job opportunities and remain at the forefront of its field.
The OVO coaching team reports excellent cooperation. Transparency, openness, adherence to schedules and exchange of information have always been of high quality.
Shareholders and management have a business background, relevant professional experience and excellent knowledge of the Ugandan market and context.
The company can be scaled up thanks to a substantial personal financial contribution, coupled with a technical investment.
Napas is seeking a loan of 30,000 euros over a three-year period with an interest rate of 7%. The funds will be used to improve production capacity, focusing on the acquisition of a larger-capacity pasteurizer and a cooling machine.
These key elements are essential for increasing production and guaranteeing optimal processing conditions. Thanks to this loan, Napas intends to improve its efficiency and meet the growing demand for its products, thus contributing to the growth and success of its business.
