Kenyan girl Margaret Nyamumbo based in the United State, was the 1st Kenyan to ever win in the Shark Tank series.
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In February 2023, she won an investment deal worth Kshs. 44M for her coffee business ‘Kahawa 1893’.
Margaret Nyamumbo is the founder and CEO of Kahawa 1893, a firm that exports African coffee to America.
10 Interesting Facts About Margaret Nyamumbo Who Won Sh44m From Shark Tank
- Margaret moved to USA via a scholarship from Kenya to study at Harvard Business School
- To get her ticket to USA, her family had to merge with the village in order to fundraise
- Upon landing in USA, she had only about Sh.20,000 in her pockets
- She moved straight from a coffee farm to the US university
- She was born in Kenya, Kisii County to humble parents
- Margaret went to the Shark Team seeking to raise Sh.44 million for 5% equity. She left with a deal of Sh. 44M for 8% of the company which valued her business
- She made her proposal on Shark Tank Season 14 Episode 14
- She founded Kahawa 1893 in 2017 and began selling it at retail giant, Target, 2022.
- Her Kahawa 1893 is the first 1st Black woman-owned coffee brand to be stocked at Trader Joe’s in US
- Her Coffee is majorly sourced in Kenya.