Admas farmer-led semi refinery and internal capitalization

After an intensive process of raising internal capital in 2013 and 2014, Admas has raised around 3.4 million ETB. Though this is quite an achievement, it was not sufficient to leverage a loan for the semi refinery. Through a social investor Agriterra could make available a cash colleteral of 250.000 Euro that leveraged a bank loan from NIB bank. Now finance seemed to be catered for, Admas Union and PCS have to get ready for the upcoming refinery plant. Work to do on all corners: supply, production, marketing and handling the investment and the implementation of the factory. The key objectives of this action plan are therefore: *Installing factory *Optimizing supply chain with special focus on niger and malt barley output marketing and market linkages *Reboosting production and productivity, focussing on niger seed *Mobilizing working capital for purchasing niger seed and malt barley and advancing to PCS *Implement a sound purchasing strategy and acquire 5000 quintal of niger seed from PCS *Establish malt barley market linkage for 5 PCS (Habesha/ Bavaria) and source 3,000 quintals from selected PCS (average of 600 quintal per PCS)