Uganda – Small and Medium Agribusiness Development Fund (SMADF) – September 2023
The farmers supply the Kamp Feed factory with maize or soya grain. They take them through the weighing bridge where the production is weighed and the farmer is paid according to the quantities delivered. The grains are then taken into the factory where they are cleaned and dried. They then pass into the production section where they are mixed with other ingredients to produce the animal feed.
The SMADF, registered and operating as the Yield Uganda Investment Fund, brings together public and private investors to provide innovative financial products to small and medium agri-business companies. Launched in 2017, the fund is financed by the Ugandan Pension Fund, the Finnish Church Aid Investments and the Soros Development Fund, and the European Union, whose funds are channelled through IFAD, and managed by Pearl Capital.
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