Founded in 2000, Raaho Farm (“Raaho”) is a commercial farm that spans over eight hectares with 75 percent of its farmland cultivated. Raaho produces fruits and vegetables, in addition to cash crops. The farm has a diversified revenue stream, offering vehicle loading services to farmers for transporting their goods to the local market. In 2015, the farm secured a Shuraako-brokered investment to purchase a truck and rent a bulldozer for land cultivation. The farm was able to cultivate an additional 25 percent of farmland as a result of the investment while also reducing its transportation costs.
In 2019, having fully satisfied the obligations of its first loan, Raaho secured a second Shuraako-facilitated investment to further cultivate the land and safeguard the farm against droughts. The investment supported Raaho in constructing a fence and digging a borehole, in addition to procuring a solar system, water tank, and dump truck. The fence will be used to protect the farm from wildlife, while the additional land cultivation is expected to increase the farm’s revenues.
RAAHO FARM COMPANY HIGHLIGHTS
| Enterprise Size: | Small | ||
|---|---|---|---|
| Year Founded: | 2000 | ||
| Project Sector: | Agribusiness, Women's Initiative | ||