Industry: Agriculture
Headline: "Improved Cash Flow and Secured a $10,000 Loan"
Title: Growing Success with Financial Clarity
Short Description: Green Harvest Farms in Nairobi, Kenya, faced cash flow issues and loan access. FYNANCE’s tools and expert advice helped secure funding.
Detailed Description:
SME Intro: Green Harvest Farms, a 5-year-old organic vegetable farm in Nairobi with 12 employees, supplies local markets but struggled with seasonal cash flow, a common issue for agricultural SMEs in Sub-Saharan Africa.
Problem: Seasonal income caused unpredictable cash flow, making supplier payments difficult. Informal records blocked loan access, limiting equipment upgrades and expansion.
Solution: FYNANCE’s cash flow tools provided real-time insights for planning. Automated accounting ensured accurate records for loans. Fractional CFO crafted a business plan, and tax automation reduced compliance burdens.
Outcome: Secured a $10,000 loan for irrigation, increasing production by 20%. Accounts receivable decreased by 20%, improving cash flow. Strengthened supplier relationships, planning export opportunities.