• logo linkedin
  • logo email
projet BIGOT Fleurs
The French family-run Group, Bigot Flowers is developing its horticultural farm in Kenya (acquisition of new land and new greenhouses, rainwater collection, etc.) to produce fair trade roses.
Client presentation
Bigot Flowers Group is a small family-owned group which benefits from longstanding experience in the cut flower sector. It is specialized in growing roses and tulips in France. In 2002, the group set up a flower farm focused on rose production in Kenya, 20 km from Lake Naivasha. Bigot Flowers Group markets fair trade roses with the Max Havelaar label. Its rose production in Kenya is certified by the independent group FLO-Cert.
Project description
Proparco’s financing will contribute to the development of Bigot Group’s farm in Kenya. It will go towards the acquisition of new land and greenhouses, which will allow the group to increase its production capacity by 30%. This financing follows on from an initial investment made by the Investment and Support Fund for Businesses in Africa (FISEA) in 2010. Proparco’s financial support will be earmarked for a technical feasibility study prior to the construction of a rainwater collection system on the Group’s Kenyan flower farm.
Project impact
This project will support Kenyan horticulture, a key economic sector which directly employs 90,000 people and provides income to over 500,000 others. The increase in Bigot Group’s production capacity in Kenya will contribute to the creation of some 200 jobs and income for local populations. The construction of a rainwater collection system will optimize the quality of irrigation water, by reducing its mineral salt content, reduce the company’s impact on the environment and bring down its operating costs.
26/06/2014
Date of signature of the project
Kenya
Location
Financing tool
4 020 000 Euros
Amount of funding
Loan of EUR 4m and technical assistance of EUR 20,000
Financing details
SAS BIGOT FINANCES
Client