“Navaka Social Business Fund Pvt Ltd was formerly known as Yunus Social Business Fund Bengaluru Pvt Ltd”
+91-80-28436577
The Challenge
Uganda’s grain sub-sector is considered to be one of the most strategic areas for the country’s socio-economic development. Yet, the sector is constrained by inadequate infrastructure such as poor storing facilities and lack of a formal trading system linking buyers and sellers.
Acila Enterprises acts as agricultural aggregator, purchasing soybean, sorghum and maize from smallholder farmers, selling it to off-takers. Thus, Acila provides market access to its network of smallholder farmers and enables a stable income. Additionally, the social business supports farmers with improved farm seeds, equipment and training on farming techniques to increase the overall quality of agricultural products.
The Innovation
The Impact
A network of more than 9,000 farmers benefits from the aggregation and bulk-selling and sees an increase in their income. More than 4,300 women and youth have been skilled and empowered.
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