How CASA and Paicho Pasal are working together
Project title: Promote, replicate and expand improved business model to attract further investments
The intervention strengthened Paicho’s business and helped its plans for expansion so that it can process more vegetables from more farmers by: (i) upgrading its produce collection and processing facilities; (ii) improving its marketing and sales; (iii) adopting technology into operations; and (iv) obtaining recognized quality standard certification
Paicho was part of the Investor Tourism initiative. This involved eight investors being taken to see all aspects of the business, with the trip culminating in a pitch to the investors for around £2m debt or equity finance
CASA work complete: March 2023
Total cost of technical assistance package: £614,141 (£201,368 from CASA not including the costs of the Investor Tour)
£232,142 investment
secured to establish 32 new collection centres and three new sales outlets, as well as purchase machinery and vehicles
£13,500 worth of vegetables
collected monthly from 10 new collection points
13,337 farmers
accessing new markets
Business Investment Opportunities
£2,000,000 further investment sought.