Founded in 2005, Fruiteq, a private export company, buys organic and Fair Trade fresh mangoes from more than 500 small-scale producers to whom they provide technical training and financial support. Since 2010, Root Capital financing has enabled Fruiteq to expand its supplier base, fulfill orders, and provide much-needed income in an impoverished nation where 70 percent of the population lives on less than $2 per day.
Root Capital clients grow rural prosperity by creating sustainable livelihoods. Root Capital began lending in West Africa, our newest region, in 2009 and has seen strong demand. The region's varied climates are suitable for a range of products including cocoa, cashews, fresh fruits, sesame, shea butter, and other products.
Founded in 2006, Savannah Fruits Company is a private enterprise that exports shea butterwith the goal of creating more direct commercial links between shea butter producers and the global cosmetic ingredient markets. With financing from Root Capital, Savannah Fruits is helping to ensure that Ghanaian women shea producers receive training in quality control and consistent access to premium prices in global markets.
The Liberian Women’s Sewing Project (LWSP) is a sustainable apparel manufacturer based in Monrovia, Liberia. Established in 2009, the company is part-owned and operated by Liberian women. The organization directs 75 percent of its profits toward community development projects. The remaining profits stay within the enterprise, allowing each worker to build equity over time. In 2010, Root Capital was LWSP’s first source of financing.