Lafaza is a company that manufactures, markets and sells a variety of gourmet Madagascar vanilla products, including vanilla beans, vanilla extracts, and pure ground vanilla powder, to retail, foodservice, and manufacturing customers in the US. In addition, the company offers bulk products for international export, including vanilla beans and cloves. Lafaza also manages sustainable supply chain projects in Madagascar; the company has a partnership with US-based Lotus Foods (GBF Alumni) to supply Certified Organic rice from Madagascar. With strong operational bases in the US and in Northeastern Madagascar, Lafaza supplies the high-quality products to a wide variety of customers along the market spectrum
GBF & SHARED X
GBF’s most recent investment, committed in 2017 to finance working capital needs for Lafaza US, including amounts Lafaza US uses to fund Lafaza Africa.
Lafaza currently impacts 900 farmers and 4,500 beneficiaries. Apart from creating employment to
local farmers, Lafaza provides the following value addition to the community and farmers:
- Premium pricing
- Direct trade model
- Hiring and training of locals
- Community projects, specifically with cooperatives.
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