Name : Al Janoob Company
During 2008, Reef Finance Co. participated in financing the most modern and unique cows milking unit in the Palestinian rural areas. Reef Finance Co. provided an in kind loan of $70,000 to the Al Janoob Company to cover part of the total amount required ($250,000).
Al Janoob company, with 4 shareholders and 15 employees, owns one of the biggest farms in the Southern part of the West Bank with 450 heads of milking cows in addition to sheds for calve fattening. The milking unit is expected to increase both the quantity and quality of the milk production. It is imported from a well-known and specialized European company Alfa Laval and can milk 28 cows in only 7 minutes. In addition, a very advanced computerized system provides the supervisor with all required data per individual cow: milk quantity and quality, indication of chemical residue, infection and other information.
To overcome the current problem with the marketing of milk caused by dairy processing companies which refuse to take the milk from the producers, the company has started to process their milk into cheese for the local and Israeli market.