G. I. Nyame Aye Awie Ampa Limited (GINAAAL)
GINAAAL is a commercial poultry farm producing eggs – a critical source of protein for families — for the Ghanaian market. Urbanization, rising per-capita income, and an increasing population are driving significant increases in the demand for chicken meat and table eggs in Ghana where demand outpaces domestic supply—creating opportunities for local poultry farms to expand and fill this gap. GINAAAL is among a small group of forward-thinking entrepreneurs leading efforts to modernize this promising sector.
AV Ventures’ investment will allow GINAAAL to increase its capacity by bringing an estimated 7 million more eggs to market annually. The investment is also expected to generate greater economic and social impact through:
- Increasing employment by an estimated 20 percent
- Improving incomes of its egg retailer network, over 90 percent of whom are women
- Providing access to markets for over 900 smallholder soy and maize farmers in Ghana, from whom GINAAAL sources its feed ingredients
Further, AV Ventures’ revenue-based financing helps to pioneer a new approach to SME finance in Ghana: by tying repayments to success of the company’s future sales, we share risk – while allowing the entrepreneur to retain full ownership.