Challenge
As a company operating in the agricultural sector, timely production and efficient distribution are extremely important to Tigoni Grown’s success. One of the major hurdles they encountered when starting out was a limited access to working capital, which hindered their ability to adequately meet up with the ever-growing demand for their services. They required working capital to enable them scale up their operations and meet up with the rapidly growing demand for their services.
Solution
Advancly provides Tigoni Grown with a debt funding solution tailored to accelerate their working capital cycle enabling them invest in infrastructure to scale their operations and gain ground quickly across unique markets.
Results
Backed by debt capital from Advancly. Tigoni Grown has been able to scale up production and distribution by investing in modern farming equipment, high-quality seeds and adequate storage distribution facilities. They have also been enabled to expand their operations and reach wider markets across Kenya.
Doing Well By Doing Good
Food is a fundamental human right and a key driver of sustainable development. Tigoni Grown is building a world where it costs significantly less to produce and access food, thereby leaving people with enough discretionary income to invest in human capital development. Advancly enables Tigoni Grown to scale their operations and, by extension, supports their suppliers – small and medium scale farmers – to scale as well.
Beyond the success of one company, this partnership ensures success for people and communities across Africa by making affordable and nutritious food accessible to all.