Ahemd Egeh began operations in 1993 when the owner bought an old fishing boat with assistance from his relatives. This small fishing enterprise was managed by professional fishermen, and employed a staff of six full time hires. The company’s boat went out of commission when a motor broke and the owner was unable to afford fixing or replacing it.
The owner sought an investment to replace the motor and repair his boat so that he could continue fishing and resume providing for his family. With the assistance of Shuraako, he has been able to put the boat back into sea, employ five people, and secure a livelihood with which he can support his family.
Shuraako believes in responsible investments that abide by environmental, social, and governance (ESG) standards. Shuraako employs a review and monitoring system to identify and address ESG issues facing each investment.