Best Projects 2020 features all the nominated entries submitted ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs.
The Pig Farm Project
Published on September 17, 2020 um 09:34
Type of Enterprise
Year the ngo or company was founded
Explain your project in details:
My Business Idea. My idea for this Youth Citizen Entrepreneurship competition is none other than Pig Farming. I am an already practicing farmer. My job as a Supervisor, involves the supervision of two 10-hectare fields, one full of sugarcane and the other under development. In my own opinion, we have successfully managed to grow the Sugarcane to levels acceptable by the Salima Sugar Factory for the next harvest season, a job well done. However, as a supervisor, this is my job but I would like to venture out and establish my own bases of earning an income. For little more than just a few years now, pig farming has been at the corner of my eye. As a young man growing up in Zambia, I had firsthand accounts of how lucrative Pig Farming was and still is. Within short amounts of time and with the right coordination that these farms received from stakeholders, there was exceptional expansion in Pig Farms. This expansion included: (i) the area wherein the farming was taking place, (ii) the number of production pigs, (iii) the amount of meat products produced and (iv) the income earned from sales. This is my business idea. And this idea is based off real world accounts and I believe that my vision in creating a well-established Pig Farm, plus a piglet nursery, will come true and be very successful. My Pig farming idea, when successful, in the long run will involve: (i) The quick breeding and care taking of healthy and strong pigs. (ii) The selling of pigs and pork products to the general public. (iii) Expanding on point (iii), the production of fully organic, farm processed manure, to be sold to farmers and households at a very low price. (iv) The teaching and awareness building to school students or farmers on
Impact of your enterprise on sustainable development
As a consumer of pork meat, myself, I have found that the market lacks variety and it most definitely lacks competition. The lack of variety causes all pork products to just appear and feel indistinguishable. Consumers can easily get bored and lose interest quickly. With the lack of major competition, pork meat prices are at an all-time high of MWK2, 500.00 per 1kg. For most of the people who can afford it, this may not be a topic worth thinking twice over but to the low-income earner, this is expensive and cannot be afforded. I intend to bring Variety to the pork meat market and development competition in parts where its non-existent. Lowering the price of pork will be an achievement. The simple ways that I will use in evaluating the success of my business will be firstly ensuring the quality of my products are kept up to or more above the standard my competition. Secondly, I will have be looking at the cost that was budgeted for against what has been used and compare the figures to see if I am indeed spending too much or whether I am on the right track. and Thirdly, I will need to ensure that my Stakeholder Satisfaction is at good levels. doing things like asking costumers or even my own employees question to do with whether they are enjoying the business. This could help in ironing out the problems that the Pig Farm may have.
Sustainability and future plans
If I am successful with this Youth Citizen Entrepreneurship Competition, I require strict funding amounting to MWK788, 588.00 (Seven Hundred, and Eighty-Eight Thousand, Five Hundred and Eighty-Eight Malawi Kwacha) to start the Pig Farm business project. It must be noted that the values of the building materials were taken as the lowest price possible in the area where I wish the Pig farm to be. Getting these materials from places such as Lilongwe would put a strain on the budget as I would then have to consider the cost of transportation and labor. My target market and consumers for The Pig Farm consumable products, will be the following: (i) Hotels, Lodges, Resorts and Guest Houses (ii) Families, an Individual and/or a Group of People (iii) Butchers and Butcheries Look at a business model such as this, you can definitely be sure that their is room for for growth. at the Pigs and products increase, so must the farm as it will eventually become too tight and tiny for the wellness of healthy pigs. Thus, measures have already been thought of to keep the farm running on for as long as possible soon it starts.
Your profile as an entrepreneur
Name: Christopher Kaiche Origin: Born in Lilongwe to a Malawian Couple, Martin L. Kaiche and Annie O. Jambo (Divorced). Home 1 Address: Area 12, House No. 60, Lilongwe. Home 2 Address: Nsangu Market Area, Turnoff to Maganga, Effies Guest House. Date of Birth: 02/11/1989 Age: 30 Education: IGCSE Diploma, IB Diploma, ABE L5 Business Management Certificate Occupation: Practicing Farmer / Technical Support Manager Employer: Cap City Cleaners Email Address: [email protected] Telephone: +265995524886 +265884231504 It is not a mystery of how I got to learn about this Competition. The simplified version is that I came across a poster on a WhatsApp group and immediately thought that this was my chance. I researched the Youth Citizen Entrepreneurship Competition and found that it was indeed a real website and that is when I saw my opportunity. I believe in taking ones time in order to perfect an idea. Being rich and successful does not happen overnight. It takes patience, trails upon trails and well thought out ideas just so you can get to where you want to be. Be that as it may, if I lose this competition, I have vowed that I will not stop pursuing for funds to make my vision into a reality. I believe, that even without funds, I will come close enough to what I have visualized and eventually it will be complete. With that, I must thank the Youth Entrepreneurship Competition organizers for having given each and every-one person who entered this competition the chance to show case our visions and our ideas. This is a true example of how I wish youth with more productive ideas could be helped in a country such as Malawi. With you, we can say, that we truly stand a chance.
The Farm Life
Field Inspection Day of the 1st Half of our first field.