East Africa Fruits is a distributor of fresh fruits obtained from local farms to B2B buyers.
EA Fruits Farm is a business that engages in the large production and distribution of fruits and vegetables. As fruits are an essential part of a human's diet for maintenance of good health and wellbeing, the business will take part in providing the opportunity for Tanzanian citizens and other people overseas to get such fruits and motivate more people to increase their intake of fruits whereby the company will strive to increase the supply to match the increased demand for fresh fruits and vegetables. The business envisions to be among the leading producers, distributors, and exporters of the fruits within the Country and overseas. The company is a highly profitable and viable business that expects to rise to about 5,000 USD from its current small-scaled operations, while more than 450,000 USD will be raised as a result of further expansion within a period of 2-4 years.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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May 7, 2020 | Debt Financing | $1.10M | 1 | MCE Social Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
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MCE Social Capital | Yes | Debt Financing |