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.
Published on August 3, 2020 um 19:18
Type of Enterprise
Year the ngo or company was founded
Explain your project in details:
Today a major part of internet consumption is increasing not only in town but also in rural areas. People have access to a small phone or smartphone even computer. The demand and supply of commodities are possible through the internet, especially in the agriculture sector. Farmers need access to agricultural input, the market for their products, investment as well as learning good agricultural practice. Unemployed youth, women need access to jobs so that the unemployment rate would decrease especially in creating their own or delivering commodities from place to place. Speke Farms target farmers especially youth, women and disabled people who need access to a good market for their inputs and their output(produce), knowledge which is needed to transform agriculture into a profitable business as well as connecting them to investors for better accessing to finance. We will sell the harvests of farmers to consumers to reduce the gap in supply chain with four main components Selling of agriculture inputs such as fertilizers, pesticides, seeds etc. to farmers as well as selling of crops to consumers. Buying of agriculture outputs where farmers will sell their produce on our online platform E-learning part where farmers and other people who are interested in farming activities will get access to lessons on good agriculture practice as well as business and leadership skills that are needed to turn agriculture into a profitable business Investment consultation part where farmers will get full information about all opportunities available for their business to increase their chance for development such as training, investment, grants and another service. Our solution will provide the interconnection between with farmers, women, unemployed youth and disabled people in agribusiness sectors with supermarkets, Agri-processing industries, consumers, Agri-input industries, truck drivers, local deliverers, government agencies, financial institutions, private investors, higher learning institution(land-grant institution and others.
Impact of your enterprise on sustainable development
Connecting farmers, women, unemployed youth and disabled people in agribusiness sectors with supermarkets, Agri-processing industries, consumers, Agri-input industries, truck drivers, local deliverers, government agencies, financial institutions, private investors, higher learning institution(land-grant institutions) and other stakeholders will increase demand and supply chain of agriculture inputs and outputs, increasing knowledge sharing and investment in agricultural sectors. It will allow us to create more job opportunities especially for women, unemployed youth and disabled people. If we can create jobs for disadvantageous people, there is no doubt that we can increase their quality of life and unlock the potential of the most downgraded population group in the globe. We will track progress by recording daily, the weekly and monthly basis of all activities that will take place in the selling of agricultural crops. We will track progress at the end of the agricultural season to know about the number of products and their values in money. We will also track progress by measuring the difference in the number of agricultural inputs and outputs to know if our farmers have made a profit. We will also make a survey of people who are impacted by our project by looking at a number of people who were able to reduce poverty. Due to building strong good partnership with microfinance, government agencies to help farmers to get both capitals (loan)/grants and other assistances, it will be our responsibilities to know the number of farmers who were able to pay the loan.
Sustainability and future plans
Business model Our value Reducing poverty to farmers through getting access to markets and investors Equipping farmers with required knowledge of good agriculture practices. Becoming the top suppliers of agricultural inputs to farmers as well as output to consumers Cost reduction of unnecessary expenses through cutting cost between distributors, retailers, etc Our 1-year goals are the following Having designed platform secured with only selling and buying components and launching our service and e-commerce in English, Kinyarwanda, French and Kiswahili language to reach maximum people with technology Finding and intensification of partnership with farmers, women, unemployed youth and disabled people in agribusiness sectors with supermarkets, Agri-processing industries, consumers, Agri-input industries, truck drivers, local deliverers, government agencies, financial institutions, private investors, higher learning institution(land-grant institutions) and other stakeholders to help us to start our business venture. Addition of Investment and Learning component of the platform with contents for users and mentors. Growing to impact 20,000 users on our platform. Five years goals are the following Creating huge number of employment opportunities in generating multiple incomes to all stakeholders especially those who were neglected in getting funds for their agribusiness venture across Africa and other continents. Expanding our service to more than 1000,000 beneficiaries and stakeholders across Africa, China, England, Holland and the USA In order to perform well our business, we plan various ways for resources mobilization and funding acquisition as follows; donations and grants, selling products or services, raising investment capital, or a combination of all. Also Raising grants from stakeholders would be part of the funding program. Once we get registered from government licensing and raising investment capital will be needed to implement our solution
Your profile as an entrepreneur
My name is Jean Claude NIYOMUGABO, I am 21 years and I am Rwandan. When I started my bachelors degree in Conservation agriculture, I used to ask myself why farmers are poor while they work hard to serve our life. I visited a different part of my country to find the problems that farmers face and I have observed that in developing countries including Rwanda there are more than 200 million smallholder farmers and other farmers who live under $2/day (World Bank,2019). Most farmers are poor because they lack access to a good market for their produce as well as the market of agricultural inputs and this cause loss of harvests which is called post-harvest losses. Some of them get market from local distributors who gave them a small amount of money that is less than their investment. Those buyers get profit in only distribution while farmers get loss while there was the one who struggled with growing crop and taking care of them from seedling to harvests! Farmers lack learning and skills that are needed to do good agriculture practice that will be turned into profit, the reason why they got the poor quality of the harvest. This put the agricultural sector neglected by investors and youth so many of them still become unemployed. Speke Farms seeks to increase the connection between farmers to market for their inputs and outputs/supplying food to consumers, equipping them with knowledge for good agriculture practice as well as connecting them to investors to reduce the problem of capital in agribusiness sectors by helping farmers access to finance. This will help them to turn agriculture into a profitable business venture to eradicate poverty.