Good Nature Agro
AgriFI investment will help Good Nature Agro to build a new factory focused on legumes commodity in Lusaka and to increase its production and R&D capacity for seeds.
Good Nature Agro (GNA) is a Zambian social enterprise working with smallholders to move them out of poverty. The firm works with ~30,000 smallholders to produce seeds (to be replanted and not directly consumed) and commodity (to be eaten or processed) for 4 different legumes: groundnut, cowpea, soybean, beans. Its focus on legumes creates long-term positive change for soils and increases access to more nutritious food. At the same time smallholders benefit from guaranteed sales contract, training, inputs package, financing and access to markets.
EDFI AgriFI invested a total of USD 3 million. The financing will allow GNA to build a new factory focused on legumes commodity in Lusaka and to increase its production and R&D capacity for seeds in its historical headquarters of Chipata in Eastern Zambia.
- Positive impact on soil fertility and on crop rotation: legumes increase fertility by bringing nitrogen to the soil and are more resilient against climate change;
- Impact on food security: legumes are rich in protein, nutrients and vitamins;
- Local value chain with more than 30,000 smallholders impacted and creation of jobs.
30,000 smallholder farmers
USD 3 million (EUR 2.71 m)