Provides steady income to small scale farmers.
AgroMantaro is a Peruvian agro processor of artichokes and jalapenos that sources from small scale farmers throughout Peru and has located its processing plant in the central Peruvian Andes. By maintaining long term relationships with customers like General Mills and McCain AgroMantaro provides a steady income to hundreds of small scale farmers as well as job security for more than 600 employees at its processing plant 90 percent of whom are women employed in their first formal job. AgroMantaro's growth is critical in these rural regions where most farmers earn little income and unemployment is at 30 percent. Since becoming a Root Capital client in 2010 AgroMantaro has been able to increase sales and production by 50 percent.
|Agriculture, forestry & fishing||C Corporation||Out of Business|
Funding and Financing Rounds
Jan 1, 2011 / $600K
Jan 1, 2011 / $1,24M
Jan 1, 2010 / $500K
Impact Reports & Metrics
Central Peruvian Andes