Building Resilience Through Agricultural Innovation
Details
"In terms of resilience, the support rendered by Prospero was obviously a very immense contribution to the enterprise as it created a greater impact on the business resilience side and helped us to scale up back then."
About Panuka Farms Limited
Panuka Farms was established in 2017 in Chibombo district, specializing in horticulture with a focus on high-value vegetables.
The Challenge
In 2020, when the COVID-19 pandemic disrupted international supply chains, several chain stores and mines approached Panuka Farms for vegetable supplies. The farm needed to increase production and diversify crop lines to meet this sudden surge in demand.
Prospero's Intervention
Prospero supported Panuka Farms with a COVID-19 relief grant of £10,000, which facilitated the drilling of an additional borehole for irrigation and the procurement and installation of a solar facility to power operations.
Grant Amount: £10,000 Sector: Food & Agriculture
Impact & Results
The partnership with Prospero has yielded remarkable results:
+ Expanded production capacity to meet increased market demand
+ Created employment for 24 full-time and 8 part-time employees
+ Majority of employees are women from local communities
+ Enhanced livelihoods of local communities
+ Improved business resilience and sustainability
+ Successfully supplied chain stores and mining operations
Your donation directly supports small and medium enterprises across Zambia, creating jobs,
strengthening communities, and building sustainable economic growth.
500+
SMEs Supported
2,000+
Jobs Created
50+
Communities Reached
ZMW 50M+
Funding Deployed
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Agric Hub
Empowering farmers with drought-resistant crops, sustainable practices, and market access
to ensure food security.
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Mining Hub
Strengthening suppliers through capacity building and innovative working capital solutions for competitive success in mining value chains.
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Energy Hub
Bringing clean, renewable energy solutions to businesses and communities, powering
economic growth.
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Sustainability Hub
Building a circular economy through sustainable practices, environmental protection, and green jobs.
Discover the transformative work Prospero does across Zambia
Our Mission
Prospero is dedicated to serving and saving SMEs across Zambia. We provide not just funding, but comprehensive support through mentorship, financial literacy training, and access to markets. Our approach creates lasting impact by building sustainable businesses that create jobs and strengthen communities.
Zambia's agricultural sector is vital to its economy and food security. We empower farmers with training, technology, and access to finance, enabling them to adopt drought-resistant crops, improve irrigation techniques, and increase yields. This strengthens food security, boosts incomes, and builds a more resilient agricultural sector.
Real Impact: Farmers we've supported have increased their yields by up to 40% and gained access to new markets, transforming their livelihoods.
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The Mining Hub
Focus: Supplier Development, Capacity Building, Working Capital Solutions, Mining Value Chain Integration
Prospero partners with stakeholders in the mining procurement landscape to explore unique opportunities and challenges that require suppliers to adapt and thrive in a competitive environment. Through our comprehensive Supplier Development Programme, we strengthen SME capabilities using two key interventions: capacity building through the Nyamuka-SDP Curriculum, and access to innovative working capital solutions via the Nyamuka Dynamic Working Capital Facility.
Real Impact: Suppliers in our programme have increased their contract fulfillment rates by over 60% and expanded their operations to serve multiple mining companies, creating hundreds of jobs in local communities.
Key Opportunities & Goals:
Opportunities: Increased local sourcing leads to stronger community ties and better economic growth
Challenges: Regulatory compliance requires thorough understanding of local laws and procedures
Goal: Equip suppliers for success through comprehensive training and resources
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The Energy Hub
Focus: Access to Clean Energy, Renewable Solutions, Powering Economic Growth
Lack of reliable energy hinders economic growth across Zambia. We support innovative renewable energy projects that provide clean, affordable power to businesses and communities. This stimulates economic activity, creates jobs, and improves quality of life while combating load-shedding challenges.
Real Impact: Businesses crippled by load-shedding have found sustainable solutions through solar energy, maintaining operations and protecting jobs.
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The Sustainability Hub
Focus: Sustainable Practices, Circular Economy, ESG Integration, Environmental Protection, Green Jobs
Climate change presents an urgent challenge as Zambia works to meet its Nationally Determined Contributions under the Paris Agreement. We support businesses by helping them integrate robust ESG principles into their strategies and operations, adopt environmentally sustainable approaches, and promote inclusive business practices with a strong focus on women and youth inclusion.
Real Impact: Businesses in our sustainability programme have reduced their carbon footprint by an average of 35% while creating over 200 green jobs and implementing circular economy practices that save costs and protect the environment.
Your Support Changes Lives
Every donation, no matter the size, helps us save SMEs, create jobs, and build a stronger Zambia.
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