Laiterie du Berger

Debt : July 2019

La Laiterie du Berger (LdB) is a dairy processing company located in the North of Senegal.

Amount

€ 1,600,000.00

Type of investment

Debt

Development impacts

Local economic growth
Private sector consolidation/innovation
Food security & rural development

Beneficiary locations

Sub-Saharan Africa: Senegal

Investment field

Enterprises

Activity

Dairy

Organisation

Laiterie du Berger

Website

https://lalaiterieduberger.wordpress.com/

Domicile

Senegal

More investments in

Laiterie du Berger

Debt € 1,200,000.00 (2017)

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.

This follow-on investment will be used to finance the first phase of LdB's investment plan for 2019-2023, which will increase the annual production capacity from 6,000t to 10,600t. This will result in having two process lines, one for yoghurt and one for fresh milk.

Development impacts

Local economic growth
Employment effect: LdB employed 295 people as of Dec 2018 and is the second biggest private employer in Richard Toll (150p). LdB is planning to hire another 150 people (RT and Dakar combined) by 2022. LdB also ensures a steady revenue to around 800 cattle breeders around the rural city.
Private sector consolidation/innovation
Creating and improving economic opportunities for local farmers: LdB has created the missing link between local cattle breeders and the formal market (the milk would otherwise be disposed of). LdB is reinforcing this economic opportunity by launching the first fresh milk processing line of the country.
Food security & rural development
Availability of food on the local market: LdB distributes its products for an affordable price through a network of around 12,000 shops in Senegal. Dairy products are considered a necessity product by the Senegalese Government. With its expansion plan, LdB will more than double its volumes.

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.

Investment Companies & Funds

European Financing Partners S.A.

15,000,000.00

India, Kenya, Nigeria, Senegal, Tanzania, Zambia

22/12/2020

Debt

Financial Institutions

The Currency Exchange Fund n.v.

7,091,000.00

Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

05/09/2007

Equity