KAMPALA, UGANDA, March 13, 2023 – Ugacof – Sucafina’s sister company based in Uganda – has signed an agreement with LendXS and its partner Musoni Systems, who will manage its digital in-house smallholder lending operations.
As one of the leading sustainable Farm to Roaster coffee companies, Sucafina aims to secure a sufficient, consistent, and high-quality supply of coffee. The new partnership enables Ugacof to provide its smallholder farmers in Uganda with access to the affordable and efficient financing they need to procure the required pesticides and fertilizers, to harvest, and to implement best practices and make the required investments in their farms.
By providing the right digital tools and expertise, LendXS and Musoni will help Ugacof to strengthen its relationships with farmers, helping them to thrive and to improve their economic livelihoods in the long run.