pdf Jungle Beat Success Story - USAID Grants Accelerate Peanut Trade from Zambia Popular

Download (pdf, 182 KB)

Jungle Beat Success Story.pdf

With the equipment, seed and market linkages facilitated through the Strategic Partnership grant, Jungle Beat is now capable of cleaning, sorting and grading four tons of groundnuts per hour at the Lusaka factory—enough for Jungle Beat to increase its purchase of groundnuts from small-scale farmers by up to 10,000 tons per season.

As a result of the grant, Jungle Beat sourced a $1.8 million USD working capital loan from a local bank (with support from the USAID DCA) to increase purchases from 2,700 metric tons in the previous year to an estimated 7,000 metric tons.

-------

Disclaimer: This website was made possible with the support of the American People through the US Agency for International Development. This is not an official USAID or US Government website. The contents of this website are the sole responsibility of the authors and do not necessarily reflect the views of USAID or the US Government.