Ibero Uganda Limited is a company of Neumann Kaffee Gruppe based in Hamburg, Germany. Ibero Uganda exports quality Uganda coffees and has warehouses and processing facilities in Kampala and out-stations in all major coffee-producing regions of Uganda.
Ugandan coffee farmers generally operate at very low productivity. The reasons for this are varied, including lack of reliable access to agronomic skills, inputs, finance and markets. Ibero plans to respond by providing farmers with an ecosystem of complementary services including access to agronomic training, finance, inputs and markets by 2021. The ecosystem revolves around a key axis which is a 2-year crop nutrition program, under which two products will be offered: a fertilizer advance and a cash advance. Once farmers have created a credit history with Ibero, Ibero aims to link them to formal financial institutions so that they can access a more comprehensive set of financial products.
The grant will used to cover the costs of technical assistance to design, set-up and manage the scheme, which can later be scaled further in Uganda and beyond. This will consist of a design study, set up of operations (e.g. R&D, legal, tax and financial advisory, risk management framework, staff capacity building, etc), and acquisition of an MIS and other technology
Projected Development Impact
- Reach of approximately 17,450 farmers in Uganda
- Expected increase in farmers’ annual net income of at least 50% after 2 years
- Capacity building of approximately 18,675 people by 2021
The project has significant potential for development impact given Ibero’s close relationship with the end beneficiary and vested interest in increasing farmer yields of high quality coffee. The farmer benefits from having a guaranteed buyer.
- IPC - Internationale Projekt Consult GmbH
- Hans R. Neumann Stiftung
- Support USD 1,000,000
- Match USD 452,876
- Period 2 years
- Start 1 January 2017