Announcing exciting new partnership to provide BDS services in Tanzania

We are happy to announce that Sundy Merchants Company Ltd. has joined SCOPEinsight’s Local Expert Network. This partnership will help Tanzanian agribusinesses grow through the use of data led technical assistance. The combination of Sundy Merchants’ top-notch BDS services and our position as an industry standard will improve the professionalism of agribusinesses all throughout the country.

Sundy Merchants: Experts in business development

The goal of Sundy Merchants is to provide high quality, professional services to all clients. Over the past eight years, Sundy has worked in multiple areas and helped many clients. Their mission is to help clients progress socially while also growing economically and commercially. To do this, they help their clients formulate strategies, build partnerships, and implement projects.

One of Sundy’s areas of expertise is business development services. As BDS providers, they have five essential service aspects:

Tailor-made BDS. This is more effective than a “one size fits all” methodology.
Service payment. This helps SMEs to pay for the services and see their worth.
Link to finance. This helps SMEs access the funding they need to grow.
A classroom experience. This helps to deal effectively with cross-cutting issues.
Monitoring and follow-up. This helps Sundy be sure their clients are reaching their goals.

A picture of the classroom training provided by Sundy Merchants. — The training Sundy provides helps agribusinesses to reach their full potential. Image credit: Sundy Merchants.

This combination increases the effectiveness of Sundy’s BDS services.

We are currently working with Sundy Merchants, as well as other Local Experts AgriVision Sahel, PearlMutual, and MDF, on a project led by AGRA to link professional agribusinesses in four countries to financial institutions. Through our Local Experts, we will be assessing agribusinesses and inputting the data into our Bankability Metrics. This will serve as proof of the Bankability Metrics’ usefulness and will help agribusiness prove their creditworthiness to financial institutions.

The Local Expert Network: Global Standard, Local Expertise

The LEN is a partnership program that both creates value for market players and capacity builders in target countries and also creates value for local businesses. Through the LEN, we attract organizations that share our vision of professionalizing agribusinesses and will serve as reliable SCOPE tool implementers. These experts provide the much-needed local infrastructure with the capacity to offer ongoing business development support to agribusinesses, working well beyond donor-funded initiatives. Through partnering with these like-minded businesses, we ensure that international capacity builders can efficiently implement their projects while strengthening the local economy.

Continuing our important work together

As mentioned above, we are currently working with Sundy Merchants to increase access to finance for Tanzanian agribusinesses. Ideally, we hope that this project with AGRA will only be the beginning of these efforts. Together with our Local Experts like Sundy Merchants, we are working to bridge the gap between agribusinesses and lenders so agribusinesses can access the finance they need to grow. The work that Sundy Merchants does in business development fits in perfectly with this goal.

We stand by Sundy Merchants’ commitment to provide BDS to agribusinesses in Tanzania, and we are proud to welcome them as a new member of our Local Expert Network.

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