One of our portfolio companies in Uganda, Ubora Coffee, was recently profiled in Argidius Foundation’s annual report.
Ubora sources high quality arabica coffee in cherry and parchment form from small-holder farmers who grow coffee at high altitude around Sipi Falls, on the slopes of Mount Elgon in Uganda, between 4,260 and 6,600 feet above sea level. It is a lush landscape of rivers and waterfalls, bordering the great Elgon Forest
“I knew the challenges faced by farmers and traders. I wanted to create a business where we all worked as equal partners, with everyone in the chain of coffee production – from the growers, pickers, sorters and distributors – knowing they are contributing in a unique and valuable way.” Michael Okech, Director, Ubora Specialty Crops
Since our investment, revenue has grown 4x which means more job opportunities for women like Justine who was interviewed for the report. She said that a job as a coffee sorter means she now has the means to feed her children and send them to school. “Mr Okech encouraged me when I had no one else to turn to… the company has become like family. We look after one another.”