Leading egg producer in Eastern Uganda through innovative methods

Leading egg producer in Eastern Uganda through innovative methods

Leading egg producer in Eastern Uganda through innovative methods Sector: Agriculture Year of establishment: 2007 Turnover 2015: 200,000 USD Investment need: 150,000 USD    Product, market and potential The Company was established in 2007 with only 500 birds, the farm has grown its operations to over 17,000 birds mainly layers for egg production, the farm currently produces over 250 trays of eggs daily. In 2011, the Company diversified with a piggery unit currently housing 300 pigs and also offers capacity building training for youth and farmers in collaboration with AVSI an International NGO. The eggs are mainly sold in Eastern Uganda due to the high demand with some exports to Kenya while the piglets are sold locally to farmers for rearing and the mature pigs sold in the local markets for slaughter. The growth in the poultry subsector in the country has not been able to match the growing demand for the poultry products especially for local breeds both domestically and in the regional markets. Entrepreneur and Team The farm was established by a civil engineer by profession with over 10 years of experience in poultry farming. Currently the farm employs 20 permanent staff and over 30 casual laborers. Investment need The company seeks an investment of 150,000 USD. It intends to expand its business operations and invest in more poultry houses, increased number of layers so as to increase production from 250 to 500 trays of eggs daily. This will be achieved by increasing the current number of layers on the farm from 17,000 to 27,000. The growth in the eggs production will require capital investment in construction of...
Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers

Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers

Mixed farm enterprise using environmentally friendly innovations and a vibrant network of farmers Sector: Agriculture Year of establishment: 2000 (formally registered 2008) Turnover 2016: 670,000 USD (2015: 600,000 USD) Investment need: 285,000 USD Product, market and potential The company started out trading in cereals such as maize and sim sim and then expanded into livestock and fish farming in ponds and cages as well as production of fish fry.  The Company are currently the largest fish farm in Northern Uganda and supply fish to South Sudan, Western Kenya, Eastern Congo and Rwanda. The fish farm provides over 70% of the Company revenues and this is complimented with revenues from grains and livestock. The current market demand for fish outstrips the supply with customers requiring over 10 tonnes per week while the Company produces only 10 tonnes per month whilst utilizing only 20% of current capacity. Entrepreneur and Team The Company was founded by two youth who were looking to make a difference in the lives of farmers by offering fairer prices than the middlemen. They have since won national farming awards for their excellence in farming and are certified by the National Bureau of Standard. The Company has in the past gotten technical assistance from PUM experts to improve their farming methods. Investment need The Company’s revenue has grown steadily over the years with year on year growth of over 20% for the last four years. The Company is looking to raise debt financing to modernize its facilities, equipment and working capital. The largest cost in fish farming is the fish feeds so the company is looking to procure...
Dried fruit and pasteurized fruit juice company

Dried fruit and pasteurized fruit juice company

Dried fruit and pasteurized fruit juice company Sector: Agro-processing Year of establishment: 1994           Turnover: 100,000 USD – 150,000 USD Investment need: 450,000 USD Product, market solution and potential The company was incorporated in 2008, it was the first company to pasteurize juice in Uganda, and in 2015 the company become organically certified and is now supplying organically dried fruit to the USA. The company makes banana juice, orange juice, pineapple juice and a tropical fruit punch and for the dried fruit the company makes pineapple, jackfruit, papaya and banana and they plan to do mango as well. The biggest demand is in dried fruit which takes up 75% and juice 25%. The Company currently has more market demand than current capacity allows and is looking to increase its capacity by 18-36MT dried fruit per month. Entrepreneur and Team The company is family owned with 70% shares with an American investor who has 30% shares; they are assisted by a manufacturing engineer, a food scientist in charge of processing and a certified accountant with an MBI and 23 other employees. Turnover and Investment need The turnover in 2015 was between 100,000 USD – 150,000 USD and the company received a matching grant of 225,000 USD. They currently seek another 225,000 USD matching investment to build a 300sqm dried fruit processing facility, purchase new hybrid dryers and train, register and inspect up to 500 farmers in organic standards. Impact The company has the following positive impacts; The company has trained and works with over 165 farmers in producing organically certified fruits. The Company is a member of the organic and fair trade protocol and...
Clean energy from agricultural waste

Clean energy from agricultural waste

Clean energy from agricultural waste Sector: Renewable Energy Year of establishment: 2015 Turnover: Post Pilot stage Investment need: 500,000 USD Product, market solution and potential The company was incorporated in 2015 with the main aim of delivering affordable, reliable and productive rural electrification through off grid renewable energy projects. At each power generation site, the company provides affordable high quality agro-processing services to farmers and also purchases sustainable biomass (agro-processing by-products) from both farmers and agro-processors, which is used as feedstock for the gasifiers. Gasification is used to produce clean energy from Agricultural Waste such as rice husks, maize husks/cobs, ground nut shells and coffee husks. Electricity is distributed via a combination of micro-grids and battery boxes to rural industries, households, schools and micro-businesses. The Company already has permits with the National Electricity Regulatory Authority and will sell electricity to the National Electricity Transmission Authority on a 20 year, inflation linked, USD denominated power purchase agreement. Entrepreneur and Team The Company founder is an Aerospace Engineer and serial entrepreneur and is supported by a team of both local and expatriate staff. The team has won several International awards. Turnover and Investment need The company is still in its post pilot stage and their investment need is 500,000 USD for growth and to be able to have 4 energy hubs running. Impact The company sees renewable energy from agricultural waste as an integrated solution to energy security, food security, climate resilience and poverty alleviation. The company has the following positive impacts; The company has helped reduce on deforestation by replacing charcoal/wood fuels with briquettes a cleaner, cheaper and more efficient...
Tractor Hiring

Tractor Hiring

Tractor hiring service to increase productivity Sector: Agriculture and food Year of establishment: 2011 Turnover: USD 200,000 – USD 300,000 Investment need: USD 300,000   Tractor hiring service to increase productivity They provides affordable tractor hiring services to smallholder farmers in Uganda. These farmers previously relied on manual labor and ox-ploughs. Affordable mechanization helps them increase productivity and therefore increase their income. The company is currently working with farmers in Eastern Uganda. They have signed memorandum of understanding (MOU) with farmer groups in Bugiri, Iganga and Pallisa districts. Seven clusters with 30 farmers groups containing 815 members in total have signed MoUs. Entrepreneur and Team The company is owned by two shareholders with equal ordinary shares. One of the co-founders is a business controller and experienced female entrepreneur. A Dutch angel investor is supporting the pilot project. Turnover and Investment need The company is looking for a total investment of USD 300,000 for the post pilot scale up phase. The funds will be used to purchase more tractors to avail to the numerous interested smallholder farmers for hire. Impact The tractor hiring services will lead to increased productivity and hence increased income for smallholder farmers. Already 815 farmers in Eastern Uganda expressed their interest for this service. The entrepreneur is training several unemployed youth to operate the tractors for aspecified period, after which they are free to buy, own and operate their own similar tractors. This will then open up the opportunity for similar youth to gain the skill and generate an income. Would you like to know more about this business? Contact...