IMPAQTO Capital has invested in Quenco, a Peruvian company that enhances the fruit and vegetable supply chain by connecting small farmers directly with buyers, thereby improving farmers' income and operational efficiency.
Information on the Target
Quenco is a Peruvian company dedicated to optimizing the supply chain for fruits and vegetables by directly connecting small farmers with restaurants and other buyers. The company's innovative approach addresses key inefficiencies in the existing market, where the supply chain is often fragmented by multiple intermediaries, leading to reduced incomes for producers who frequently work under vulnerable conditions.
Quenco streamlines logistics between farmers and final buyers, providing a diverse range of high-quality fruits and vegetables to major restaurant chains, supermarkets, and food service providers. By doing so, Quenco not only helps ensure better selling prices for small farmers but also fosters a consistent demand for their products, making a notable impact on their livelihoods. The company actively collaborates with farmers, offering training and technical support to enhance their operations.
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Industry Overview
The agricultural sector in Peru plays a critical role in the economy, contributing significantly to employment and exports. However, the industry faces challenges, including an underdeveloped supply ch
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in a Venture Debt deal