Moablaou
BIO has provided a loan of € 600,000 to Moablaou to double its current capacity to handle the high local demand for eggs. The loan will be used to acquire chicken batteries, automatic systems and buildings.
Amount
€ 600,000.00
Type of investment
Debt
Development impacts
- Local economic growth
- Food security & rural development
Beneficiary locations
Investment field
Enterprises
Activity
Agribusiness - Aviculture
Moablaou is an egg producing company in Burkina Faso. As the first company in Burkina Faso it adopted during 2005-2006 the industrial European way of producing eggs, i.e. keeping the chickens in batteries and automating the food supply and egg handling.
Development impacts
-
Local economic growth
Contributing taxes
Replacing imports by local production.
-
Food security & rural development
The company provides quality basic food at a reasonable price.
The company provides a constant supply of eggs during the whole year which is impossible with traditional cultivation.
Read impact and news about this project
Impact Story
You won't become an entrepreneur just by sitting around
13-03-2019
BIO gave two loans, totalling € 700,000 to Moablaou. These loans were recently fully reimbursed.
Mr Abou Simbel Ouattara is the founder and CEO of Moablaou. This is his story.
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