Phoenix Seeds

Phoenix Seeds is a seed supply company in Mozambique. It was established in 2011 and is the first Mozambican seed company to both locally produce and register seeds, so local farmers have access to superior quality seeds at affordable prices. Phoenix Seeds researches, produces, processes and sells certified seeds. They sell an average of 1,500 metric tons of seeds per year. The main seeds are for maize, sugar beans, pigeon pea, cow pea, soybean, sesame, rice and groundnuts. The company is located in Vanduzi in Manica Province, close to the Zimbabwan border.

General information

BorrowerPhoenix Seeds Limitada
CountryMozambique
Head officeChimoio
Websitehttps://www.phoenix.co.mz/
Founded 1 January 2011
Active on Lendahand since29 April 2022

Financial information per 2022-03-31

Total assets€919,288
Revenue€1,876,058
Leverage ratio44.00%
Liquidity166.00%

About Mozambique

Mozambique, officially the Republic of Mozambique, is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The capital and largest city is Maputo. Mozambique is endowed with rich and extensive natural resources, notwithstanding the country's economy is based chiefly on fishery - substantially molluscs, crustaceans and echinoderms - and agriculture with a growing industry of food and beverages, chemical manufacturing, aluminium and oil.

Last funded project

Phoenix Seeds

Good seeds are indispensable for farmers. The better the seeds, the better their harvest. Mozambiquan company Phoenix Seeds produces seeds locally, which are high quality and affordable. The company also advises farmers on how best to apply them. This way, Phoenix Seeds enables small-scale farmers to improve their yields and their income. With this loan of 25,000 euros, the company has working capital to have more seeds produced by 125 farmers, who thus have additional income. It also creates 3 new jobs.

  • 3 new jobs
  • 125 people reached
Phoenix Seeds
Entrepreneur
€25,000
Amount needed
12 months
Maturity
Impact loan
100%
Fully funded in 35 days on 25 October 2022.