Uganda: IDH backs Uganda coffee marketing company
The IDH Farmfit Fund has extended a $6.5 million subordinated loan to JKCC General Supplies.
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The IDH Farmfit Fund has extended a $6.5 million subordinated loan to JKCC General Supplies, a coffee marketing company in Uganda.
JKCC, also known as ‘Just Know Your Coffee Cup’, was founded in 2019 to market robusta and arabica coffee green beans in Uganda.
The company sources 100% of its coffee from over 7,000 smallholder farmers.
"We are proud to have JKCC as a partner and support them in their growth and farmer outreach. It is great to see a local coffee exporter be so successful among all the international traders, and the key to their success appears to be their extensive support to their farmers. Our investment in JKCC will help the Farmfit Fund achieve its targeted impact on a farmer level," says Roel Messie, CEO of IDH Invest, fund manager of the IDH Farmfit Fund.
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