Laiterie du Berger
La Laiterie du Berger (LdB) is a dairy processing company located in
the North of Senegal.
Amount
€ 1,200,000.00
Type of investment
Debt
Development impacts
- Local economic growth
- Private sector consolidation/innovation
- Food security & rural development
Beneficiary locations
Investment field
Enterprises
Activity
Dairy
The company collects milk from semi-nomadic livestock herders living along the Senegal river. The company supports these herders with food and other services for their livestock. The milk is processed into various dairy products at LdB’s factory in Richard Toll (North of Senegal) and then sold on the local market, mostly in Dakar.
The investment will be used to :
- refinance the current BIO loan (running until 15/09/2021) in order to have a better match between
the repayment schedule and the company’s reimbursement capacity;
- refinance the expensive short term loans used to finance the CAPEX plan
in 2016;
- refinance part of the CAPEX plan 2016 so that equity can be
used to increase working capital and as a buffer;
- finance an upgrade in energy efficiency equipment and waste water treatment (needed following the increase in production).
Development impacts
- Local economic growth
- Private sector consolidation/innovation
- Food security & rural development
Read impact and news about this project
Impact Story
Fair trade is both sides bringing something to the table
18-02-2020
BIO has given 2 loans to La Laiterie du Berger, totalling € 2.8 M.
Mr Bagoré Bathily is the founder and CEO of the company. This is his story.
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