IMPEXCOR to increase purchasing price per kilogram of coffee

By IGIHE
On 10 February 2020 at 03:08

Farmers who work with IMPEXCOR LTD, a company which buys, processes and sells coffee, expressed gratitude after the company informed them it would increase the purchasing price of coffee by Rwf 300 per kilogram.

The coffee farmers are from Nyamasheke, Rusizi, Huye,Nyaruguru and Muhanga and sell coffee to 9 industries owned by IMPEXCOR in Shangi, Kinunga,Nyakabuye, Muhari, Shyogwe, Nyakabuye,Muhari,Kiyumba, Gatare and Busanza sectors.

Normally, a kilo of coffee was sold between Rwf 190 and Rwf 195 but recently, US based San Fransisco Bay Coffee LTD which also exchanges with the farmers, requested an upgrade in the purchasing price to Rwf 300 per kilo.

Oreste Baragahorana, the Executive Director of IMPEXCOR LTD said that after coffee buyers praised the good quality they were provided with, IMPEXCOR LTD found it only just to upgrade the value of the coffee by increasing it’s purchasing price.

"We normally purchase a kilo of coffee from the farmers at between Rwf 190 and Rwf 200 but given the good quality provided by farmers, we increased the price by Rwf 100. We have been working with San Fransisco Bay Coffee LTD since 2014 and they requested for this change after countless praises for the coffee we obtained from Rusizi, Nyamasheke, Muhanga, and Nyaruguru "

Coffee farmers in Shangi, Bushenge, and Nyabitekeri told IGIHE that with the increase of the purchasing price, they will be able to cover financial expenses and also improve the quality of the coffee they sell.

Muramira Pheneas, one of the farmers said that since he started growing coffee in 1971, not once has he felt that he received the just value of his coffee but that the new price will at least solve his financial needs.

" I have just collected Rwf 300,000 for 3 tons of coffee and I will also collect another amount in Shangi where I own a coffee farm as well."

Uzamushaka Theresia said that she had just collected Rwf 52,000 after yielding from more than 500 coffee trees. "It is wonderful news that we will now be paid rationally. My children were out of school but I will immediately pay the school fees."

Baragahorana called upon coffee farmers to treat their coffee so that the purchasing price could keep increasing.

Coffee farmers in Rwanda have long suffered from being at the wrong end of the value chain. With the increase in the purchasing price of coffee, farmers will be able to solve financial needs including school fees, medical insurance and other life necessities they could not afford.

Through IMPEXCOR LTD, 8096 coffee farmers will receive Rwf 202, 286, 745 in total for 2,056,441 tons sold.

IMPEXCOR LTD is a Rwandan company which buys, processes and sells coffee. It was established in 2008 and currently operates 20 coffee industries in three provinces in Rwanda. It works hand in hand with more than 20,000 coffee farmers across the country.

Through IMPEXCOR LTD, 8096 coffee farmers will receive Rwf 202, 286, 745 in total for 2,056,441 tons sold.
IMPEXCOR LTD is a Rwandan company which buys, processes and sells coffee.

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