2016.Q4 Portfolio Company Updates

March 21, 2017

 

In Latin America, our Peruvian-based cocoa co-operative received a visit from one of its main clients: Barry Callebouts, the world's leading supplier of high-quality chocolate and cocoa products, with over 9300 employees operating out of 30 countries.

 

The group of chocolate experts sent by Barry Callebout were very satisfied with the visit and impressed with the quality of the cocoa produced by the co-operative's small-holder farmers.

 

Also our producer and manufacturer of healthy snacks continues to grow its presence in the European market and recently signed an agreement with the supermarket chain Aldi to distribute 7 of its products in the UK.

 

In Africa, one of our Ugandan based renewable energy companies reached a milestone of serving 100K customers, impacting an estimated 500K beneficiaries who have now substituted kerosene for clean energy.

 

This same company has also processed over USD 2.3M in mobile money payments.

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