Invested through |
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Asset Classes | Private debt |
Aligned with SDGs |
Since its foundation in 2009, LIMBUA has grown into one of the market leaders for organic macadamia nuts. The more than 9,000 smallholder farmers who deliver their produce to LIMBUA manage traditional agroforestry farms of one to two acres on the slopes of Mount Kenya, cultivating a mix of macadamia, avocado, mango and coffee trees.
The company has three local factories that process macadamia nuts and other smallholder products such as avocados and mangoes; the factories employ more than 800 people (FTE) of which 50% are women. Being located close to the farmers creates ownership among smallholder communities, reduces transport costs and helps preserve freshness and quality of the raw materials. Its innovative drying system and nut cracking system ensure high-quality nuts with low breakage ratios. LIMBUA aims to further ‘green’ its operations by turning nut shells into biowaste and installing rooftop panels.
Hivos-Triodos Fonds has provided a value chain loan to LIMBUA. The loan allows LIMBUA to pay the farmers fairly and immediately upon delivery of their produce.