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UGANDA Venture Philanthropy

GADC

Gulu Agricultural Development Company. Foto: Todd Shephard


Partner

Acumen
Socio local

Sector

Beneficiados

100,000€
Coste


GADC (Gulu Agricultural Development Company) is a social business that gins cotton and provides small-holder farmers in the Gulu District of Northern Uganda with training opportunities and access to markets.

OVF embraced Acumen's patient capital model in 2010. Since then and until 2018, we have invested 1 million euros in social businesses through our partner Acumen. SolarNow is one of them. 

The challenge

61% of the population of Northern Uganda live in poverty. 25 years of armed conflict forced many to live in Internally Displaced Person’s camps. Since 2008, they started returning home, facing the challenge of reconstructing their lives as subsistence farmers. 

The solution

GADC buys organic and traditionally produced cotton to smallholder farmers in Northern Uganda, gins it and sells the lint to international buyers, providing farmers with the much needed access to markets. Additionally, Gulu offers support, training and agricultural inputs to farmers.

Impact

GADC has reached 40,000 smallholder farmers allowing them to transcend subsistence farming and reach income-generating markets. 7,500 farmers have been certified as organic growers receiving a price premium of more than 20% for their cotton crops. 


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Sobre Open Value Foundation

Open Value Foundation es una fundación que cataliza soluciones innovadoras y sostenibles para mejorar la vida de las personas más vulnerables a través de proyectos y alianzas con un enfoque de Venture Philanthropy

Open Value Foundation pertenece a Santa Comba Gestión SL, holding familiar aglutinador de proyectos que fomenta la libertad de la persona desde el conocimiento.

Contacto

Paseo de la Castellana, 53, 2ª planta
28046 Madrid (España)

+34 91 077 06 08

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