Pristine Foods Limited (PFL) is a start-up business located in Kireka, Wakiso district, Uganda, incorporated in July 2015.
The business has initiated the process to venture into production of extended shelf life egg products with the core line of business being the manufacturing and sale of liquid, frozen and powdered egg products. PFL will be a pioneer in the region as the first company in East and Central Africa to provide regionally produced pasteurized and homogenized liquid egg products, that is, whole, egg whites and yolks in chilled or frozen form and powdered egg.
UNCDF Support:
- Technical Assistance - undertook full due-diligence, structured the investments, assessed the development impact and the financial impact additionality and sustainability (Dual Key), supported the investments in the implementation phases, advised on performance and impact measurement and reporting
- Partial Credit Guarantee- UNCDF provided a critical partial credit guarantee $226,900 that unlocked additional financial flows to the investment $650,000 debt capital from the Yield Fund.
- Financial Leverage unlocked by UNCDF: $650,000 in debt Capital unlocked, and a second debt financing expansion component is being facilitated by UNCDF.