AGROPRENEUR Nigeria

HOW TO ACCESS FINANCE FOR YOUR AGRIBUSINESS DURING RECESSION

 

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In line with the current economic situation, Agrihub together with other partners has decided to host a virtual workshop to engage youths in Agriculture on how to Access Finance for your Agribusiness.

As part of its capacity building activities, Agrihub Nigeria invites you to participate in the themed workshop – Financing Agriculture for Economic Development.

This Workshop will be in Partnership with Agropreneur Nigeria and it will be a series of 4 events held over the coming week. The initial 3 events will be online while the 4th a physical meeting.

For now, the event will mostly require you to view pre-recorded videos with some of the speakers and engage with them via tweets for questions and comments. Speakers will discuss on different topics on Financing Agriculture for Economic Development.

This will require your engagements via your twitter handle, please use the hashtag #Agrifunding and tag @agrihubng in all questions, and comments on twitter.

Objective of the Workshop

The objective of the workshop is to ensure that participants have the understanding of the various forms of financing that are available to them in the agricultural sector while at the same time change the mindset that only commercial banks or government can finance agribusinesses.

Schedule of Events

  • On Saturday, November 19th, 2016, Begin of Online Workshop on funding Agriculture for Economic Development with the Upload and streaming of series of pre-recorded interviews around the theme from 9am via the AgriHub Youtube Page.

 

  • On Tuesday, November 22nd, We will have a tweet chat with Dr. Mayowa Oguntoyinbo CEO Freshly Yours Ltd, on Record Keeping for Agribusinesses from 5 – 7 pm. Please use the hashtag #agrifunding and tag @agrihubng in all questions, and comments on twitter.basicbookkeepingagrihubnov22seminar-tweetchat
  • On Thursday, November 24th, We will have a tweet chat on Insurance in Agriculture based on information received during an interview with a representative of the Nigerian Agriculture Insurance Co-operation, NAIC from 5 – 7 pm. Please use the hashtag #agrifunding and tag @agrihubng in all questions, and comments on twitter.

  • There will be a number of viewing centers across Lagos to discuss the said topics and spark the conversations around financing agriculture. YPARD and Agroprenuer Naija, will moderate Physical Group Discussions at 2 locations, 9 Adepegba Street, Ilupeju and The Jetty, Wole Olateju, Crescent off Admiralty way Lekki Phase 1 , Lekki, Lagos from 12 – 2 pm on Saturday, November 26th, 2016 where opportunities and next steps forward will be discussed.

NB: Speakers would be available on Twitter at various times of the day to answer possible questions from viewers. Questions and comments can be asked on twitter on Sunday 20th November by 5 – 7 pm

See Agrihub’s Youtube Page for All Speaker Videos http://bit.ly/2g5JSNw

PS: Twitter comments are be welcomed and will be discussed during these conversations.

Please register here to gain access to the videos and ATTEND the physical event at http://agrihub.org/REGISTRATION/

Speaker Videos

Speaker 1 Welcome and Introduction by Agrihub

Introduction to Workshop by Ronke Aderinoye, Founder and CEO Agrihub Nigeria discussing on why talk about Finance in Agriculture now. A description of Agrihub Nigeria and an overview of the agenda. http://bit.ly/2gtCI7o

Speaker 2 Finance in Agriculture; Types of Finance available.

Financing Options for Agribusiness by Ada Osakwe, CEO Agrolay Ventures, Nuli Juice and Foods. Discusses what Finance options are available to Agric businesses http://bit.ly/2g5DBRY

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Speaker 3: Funding Opportunities Available and the Challenges (Panel Discussion) –What records are necessary, what amount can be accessed?

Micro Finance Bank: Micro Finance in Agriculture by Gbemi Awoniyi-Folayan http://bit.ly/2fF9bWb

Speaker 5 Agrihub’s “Financing Agriculture for Economic Development”

Real Life Experiences of an Agropreneur in Nigeria, by Seun Abolaji, Founder, Wilson’s Juice Co. http://bit.ly/2fF8tZ3

Concluding Remark, Agrihub’s “Financing Agriculture for Economic Development”

Conclusion by Ronke Aderinoye http://bit.ly/2fF9IaC

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A lifestyle of Passion and Hardwork – Atinuke’s story on her Agribusiness and challenges

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Atinuke on the farm

This month we introduce you to Atinuke Lebile a young agro-entrepreneur without a family farming background but has grown for herself a lifestyle in Agriculture that is inspired by passion and hardwork. Atinuke started her agribusiness year 2014, today she has sole income from her 10 acre farm where she plants plantain, cassava, rice and vegetables while also processing some of her farm products.

Agropreneur Naija had an interview with her where she tells us about herself, how she started her agribusiness enterprise, challenges she faced when she first started up and how she was able to hold on despite the challenges faced.

Q1: Agropreneur, can we meet you?

Answer:  My name is Atinuke Lebile a native of Ondo State, Nigeria. I live in Ibadan, Nigeria. I am a rising young female, social agro-entrepreneur with apt interest in societal and human capital development. I manage La’Luce Foods and Integrated Services. I’m a Strategic Officer at Ogunmod Farms & Farmers and Farmers’ Academy and a Production Manager at Cato Foods and Agro- allied Global Concepts. I have a passion for feeding the nation and I’m so overly excited about agriculture. I was born in December!

Q2: How do you view Agribusiness?

Answer: Agriculture is a lifestyle borne out of passion. In this way I’m able to face challenges and head on when they arise.

Q3: Did you grow up on an Agricultural farm?

Answer:  No, I don’t have a farming family background.

Q4: So, what brought you into Agribusiness?

Answer: Passion and business. In spite of me being a graduate of Agriculture from the University of Ilorin, my venture into agribusiness was largely of passion and the need to do agriculture in a more attractive way like a real profitable business. The need to reduce postharvest losses experienced by farmers and develop the value chain of primary agricultural products also motivated me to go into agribusiness. I still strongly believe agriculture needs to become attractive especially to young people like me; we are the future of Africa.

Q5: When did you venture into Agribusiness?

Answer:  I started agribusiness in the year 2014.

Q6: What Agribusiness do you manage?

Answer:  I am into cultivation of vegetables, plantain, cassava and rice. I package ofada rice, fruits, chips, plantain flour, garri, catfish in various sizes (100g – 50kg), and I’m also involved in agro-processing.

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Atinuke harvesting her corn from the farm.

Q7:  How many acres is your farm?

Answer: 10acres

Q8: Is farming your only source of income?

Answer: YES

Q9: What time does your day start and end?

Answer: My day starts at 4am and ends at 11pm

Q10: Does your family have an influence on your Agribusiness?

Answer: Yes, they do. They respect my choice and provide guidance where and when necessary. Even though while starting my dad was not happy seeing his only daughter going into farming. He has    been a great support, just like every member of my family. Financial and moral support from my family has really been encouraging.

Q11: Did you face any challenge while starting up?

Answer: YES!

Q12: What challenge did you face, and how did you deal with it?

Answer: Funding is a major challenge for startups and I wasn’t exempted in the funding issue. I also faced the challenge of standardization and certification by NAFDAC. I chose to start small to achieve my big dreams in terms of finance. I also learnt a lot from mentors.

Q13: What part of Agribusiness do you find hard?

Answer:  Primary Production

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Atinuke performing irrigation on the soil

Q15: What part of Agribusiness do you find most satisfying?

Answer: The part of having to create products through postharvest processing and cultivate to feed people

Q16: What is the difference in your Agribusiness now and when you started?

Answer: I am still operating at a small scale compared to where I would love to be, but I am not where I used to be. No matter how small progress is, it is still progress anyway.

Q17: Have you ever considered getting out of agriculture for a more lucrative career? Answer: Agriculture is the only sector that has the capacity to create many jobs. My passion has always kept me going. However, there are times that one just feels overwhelmed.

Q18:  How do you see your role in your community?

Answer:  My role in my community is a very crucial one because I provide food on people’s table.

Q19: How do you think the government should implement the change in the agricultural sector?

Answer: There should be strong input from the youths on policy formulations that can drive the agricultural sector in the direction of commercialization and business development. Agricultural inputs should be subsidized and marketing board should be developed.

Q20: Have you seen any change in the present government involvement with agriculture in Nigeria?

Answers:  I believe there will be a change. But I would suggest that they should improve on the achievements of the last administration

Q21: Do you think Nigerians are aware or care about mechanized farming?

Answer: Sure, Nigerians care about mechanized farming

Q22: What changes do you predict the agricultural sector in Nigeria will see over the next 3 years?

Answer: There is going to be more youth involvement. Agriculture will create a lot of jobs and it will benefit from diversified funds.

Q23: Do you have any neighbor, family or friend that have given up Agribusiness?

Answer: YES, a lot.

Q24: What made them choose to give up?

Answer: It was mostly due to the enormous challenges of finance, marketing, climate change, most importantly impatience.

Q25: Do you plan to extend your Agribusiness?

Answer: YES

Q26: What is your plan?

Answer:  To expand postharvest production and create more jobs. I intend to expand production to reach out to more markets.

Q27: What advice would you give a friend that is also an Agropreneur?

Answer: Take Agriculture as a business. It is viable when you give your best to it. Don’t seek overnight success. Agric will not give you sudden wealth but it will build you sustainable wealth. More females need to come into agriculture because females do things with more precision, care and passion.

Follow her on Twitter , Linkedin

 

 

Five (5) Reasons to join the Songhai Farm Tour in August

Market gardening Session of Songhai Farms

Market gardening Session of Songhai Farms

The 5 days tour to Songhai Farms Porto Novo Benin Republic being organized by Hadur Travel and Tours will hold August 2nd to 6th 2015. Are you still contemplating on signing up for the tour? Or are you just coming across this information for the first time. Take a few moments to read about why you should not miss this tour.

Why Songhai Farm?

Songhai farm center is one of the largest NGO farm projects empowering Africans, a pride to Africa. This center is an integrated farm that uses all its waste produce to generate more income. Center Songhai is a chain of agricultural research centers established by a Nigerian American for the promotion of the study of sustainable farming techniques. In 2008, Songhai was recognized as a Center of Excellence for Africa by the United Nations and Economical Community for West African States this is simply amazing. Its decentralized development model is being replicated in various countries of the continent: Benin, Burkina Faso, Cote d’ Ivoire, Congo, Gabon, Ghana, Guinea, Kenya, Liberia, Nigeria, Sierra Leone, Malawi, Togo, Zambia, and Uganda.    The farm has roughly about 15 sections, which can be broadly classified as: aquaculture, bio gas, animal production poultry, mushroom, marketing, food processing, mechanic, machine fabrication and lot more.

Below are 5 cool reasons why you should join this tour

  1. You get expert technical knowledge and skills needed to begin or grow your own farm in 2015 and beyond make extraordinary produce this year. This training session features On site practical learning from farm experts in chosen sections of the farm. Three days of intensive learning from experienced, professional and practical farmers. Learn about poultry, fish farming, Bio gas, mushroom growing all you need to get your own sustainable farm going. Get professional answers to all your farm related questions
  2. Eat healthy fresh African meals daily. Nothing can be as healthy as taking fresh, clean meals on a daily basis. The Songhai tour affords you the opportunity to eat freshly made meals in neat and homely environments harvested right from the farm. The taste of fresh juice…oh how refreshing.
  3. Increase your well of knowledge on agricultural income generation. The tour to Songhai helps to broaden your knowledge and thus open ones eye to farming techniques that will boost your farm income and teach new skills like farm management, value addition and marketing that will go a long way to help boost your agribusiness when you get return to your farms or business plans if you are an intending farmer.
  4. The testimonials from past participants on this tour are yet another reason to consider. Read below what a few had to say

“A visit to Songhai is never a wasteful experience. There is always something to learn and I have learnt a lot that will surely be used to improve my business.”-Abdulsalam   Jibril 

“Every hour and money expended on this tour has been fully rewarded. I  will recommend it to friends. “-  Ibikunle. O

“Agro business Tour can never be completed without Songhai visitation for a systematic integrated farming.” – Chief Lamidi T.A Ololade

“Wonderful, thrilling and new knowledge and view about agriculture and nature. This is an experience to the next level.”  Omotoso  Adewale

  1. Leisure and relaxation: The tours are spiced with leisure so you will have the opportunity to visit Cotonou after your study – a few hours of site seeing and relaxation will do no harm but much good.

So what are you waiting for let’s learn, partner and tour Songhai farm together…you’ll never be the same!   This fantastic exposure on the farm guaranteed to boost your produce in year 2015. Our 2015 tours are a must aside from our agro tours to Songhai farm we have tours Israel agro study tours as well as tours around exhibitions  like Agrictech Isreal and  Agritech Africa

Don’t wait a minute more, call today to book your seat. Please download the tour enrolment form  SONGHAI STUDY FORM

For registration procedure and fee follow this link –

For further details and inquiry call Text or call CEO on 08033134108 or Bukky on 08086762144, you will get response in no time.

Visit:   http://www.smarttravelsuperfan.com/?p=745 for more information and testimonials from past participants

OFFICE ADDRESS

CEO Hadur travel and tours Ltd
Suite 22 Block B G/floor
Alausa Shopping Mall , Alausa,
Ikeja ,Lagos, Nigeria.
Phone : 234-8033134108,08099350378,
http://www.smarttravelsuperfan.com
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AGROPRENEUR NAIJA! Emerges winner in the 2014 #YoBloCo Awards.

Olawale OJO receiving the YoBloCo Award at the FIN4AG14,  in Nairobi, Kenya

Olawale OJO receiving the YoBloCo Award at the FIN4AG14, in Nairobi, Kenya

The winners of the Youth in Agriculture blog competition (Yobloco Awards) were announced on the 17th of July, 2014 during the cocktail dinner organized at the Fin4Ag International Conference in Nairobi, Kenya where Agropreneur Naija Blog came out as the Best Agriculture Blog in West Africa in the Institutional Category. Results were announced in the presence of participants of the Fin4Ag conference, and in the presence of various personalities including the Director of CTA, Michael Hailu. Olawale Ojo C.E.O of Agropreneur Nigeria was in attendance to receive the Award on behalf of the Agropreneur Naija Team. Apart from the cash price won, each winner received an Award Plague, a Certificate and various CTA publications.

The competition was organized according to the framework of the ARDYIS Project, and aims to raise youth awareness and improve their capacity on agricultural and rural development issues in Africa, Caribbean and Pacific (ACP) countries, using ICTs. The blog competition aims to put into public interest successes and issues faced by youth engaged in agriculture in urban and rural areas; and to encourage the production of information and the use of new information and communication technologies by young farmers groups and organizations interested in the youth in agriculture issue.

Subsequent to blog submissions, 121 blogs participated in the individual category and 24 blogs in the institutional category went through the public evaluation process where the public voted for two of their favourite blogs in the individual category and commented on the institutional blogs. 30 qualifying blogs which received the highest number of public votes in the individual category were selected and all the blogs from the institutional category which went through public evaluation were analysedand evaluated by the jury.After a keenly contested online voting process, the jury made its decision where Agropreneur Naija! Emerged among the Top 12 bloggers of the Yobloco Awards invited to take part in the Fin4Ag international Conference in Nairobi, Kenya, from the 14 – 18 july, 2014, where the winners of the YobloCo Awards were be announced.

Agropreneur Naija the social media outlet of Agropreneur Nigeria participated in the 2014 Edition of the Youth in Agriculture blog Competition (YobloCo Awards) which was organized by the Technical Centre for Agriculture and Rural Cooperation (CTA) in collaboration with other partners including e-agriculture, African Youth Foundation (AYF),Pacific Agriculture and Forestry Policy Network (PAFPNet), Caribbean Farmer’s network (CAFAN) , Forum for Agricultural Research in Africa (FARA), African Network for Agriculture, Agroforestry and Natural Resources Education (ANAFE) and Association Yam Pukri among others.

Watch here a 2 min video showcasing the 12 finalist blogs and played before the announcement of results.

Other Winners of the YoBloCo Awards announced at the Fin4Ag Conference can be found on the YobloCo website.

For more information on the competition visit http://www.yobloco.info

We would like to use this medium to thank first our readers, fans, and supporters. Many thanks to all those who took part during the public evaluation process.

Tapping into opportunities in agribusiness industry

Agribusiness is usually a vertical group containing multiple operations that can include, but not limited to farming. ADEMOLA ALAWIYE writes on how to make a living from the sector

There is a variety of business activities involved in getting agricultural produce to consumers. The activities include the growing of the food, its processing, packaging, its distribution and marketing. The term agribusiness encompasses the businesses found in any of these activities.

With a remarkable rise in urban populations across the country, the need for fresh foods to cater for these people is inevitable. Trends toward industrialisation have left fewer entrepreneurs to concentrate on food production. It is, therefore, a good sector for one to make profit, while at the same time contributing to the world’s food supply.

The rise in food prices and the increased demand for consumables have created viable opportunities in the agricultural sector. Agriculturists say shrewd entrepreneurs can make enough money in farming business. They note that farming incomes will rise dramatically in the next few decades, faster than those in most other industries.

This, they say, is because of the rise in the prices of agricultural produce and the market for such items. Experts say the present day economy does not need more bankers, but more people in the agribusiness sector. According to them, the world has got a serious food problem and the only real way to solve it is to get more entrepreneurs back to agriculture.

They explain that agribusiness opens a lot of opportunities for entrepreneurs who wish to invest in the sector. These opportunities can help entrepreneurs to create wealth and provide jobs for the unemployed. Experts say technology, service jobs and finance have been the basis of the economy for over 20 years. They maintain that farming is becoming the economic equivalent of most sectors that drive any particular economy.

On how the farmer can help to create jobs, experts say there is a possible renaissance in farm towns. According to them, the flow of money in agribusinesses will prompt farmers to seek where to invest. An investor in the sector, Mr. Wale Ashiru, says farmers will put their money in new industries that will create uses for their crops, like biodegradable plastics, other kinds of biofuels or similar agricultural products.

He says, “When this is done, you can be sure that the end result will be more jobs. Agriculture is a dynamic sector and it is the most critical story in our economy and has the potential to affect the future of the world positively.”

Below are some important steps that will help an entrepreneur to make enough money in the agribusiness sector, according to experts:

Create your own distinctive market

Experts say it is important for an entrepreneur to create a niche for himself in the sale of a particular produce. They note that the entrepreneur should attract a niche market with the crops that he chooses to sell. For instance, they say that the entrepreneur could sell organic produce and vegetables as well as hard-to-find varieties of edibles to local grocery stores. He could also sell some of these produce to restaurants as fresh or canned products. According to experts, this does not imply that the entrepreneur must grow fruits and vegetables on farms, but can have a nursery on his property, where varieties of vegetables and other crops are planted.

When customers know that they can always get some selected produce from you, they will always patronise your farm, experts say. This will lead to increased returns and will provide the entrepreneur with enough funds.

Supply fresh produce

Adigun notes that you can sell a fresh produce basket several times monthly. This, he says, can be sold as a subscription service. The idea is to have the produce fresh and attractive to your customers. Experts say your subscription service should be filled with a variety of the fruits and vegetables you grow on your farm.

They note that you can charge your customers a percentage of the subscription fee upfront and the balance in the middle of your growing or harvest season. For more income, experts say the entrepreneur can also offer similar subscription service with fresh-cut flowers from his farm as well as other items of interest to his customers.

Give room for varieties

Allowing customers to visit your farm and pick their choice fruits at specific prices will also increase your income as an entrepreneur. Experts say the prices should be affordable and the produce must be fresh and attractive. Produce to be sold may include vegetables, fruits and a few tuber crops. Offering customers free boxes or bags to carry their items will also endear them to you and will make them want to visit whenever you open your doors.

Provide good and affordable produce

This is vital for the success of any agricultural business, experts say. The ability to provide quality produce for the market will attract buyers. However, the produce must be affordable; otherwise, you will give buyers the option of looking elsewhere for alternatives.

Develop your skills

Improving your skills in farming is also vital. You should know the current chemicals and fertilisers that will boost production. This may not be easy to know unless you improve your skills. Experts note that entrepreneurs in agriculture must update themselves with current skills in the business.

They also note that the entrepreneur should offer seasonal tours of his farm for a fee, as this will also increase his earnings. They say he should consider including a demonstration and food as part of the package.

Sourced from here

Photo credit – Flicker MCG Funds

AGROAM to Assist Smallholders in Nigeria have Increased Access to Market come 2014

A farmer using a mobile service provided by Banglalink ‘Krishi Jiggasha’ to know the information about Agriculture in Tangail

Just like most country in Sub Sahara Africa, Smallholders in Nigeria among many other face the problem of having access to market and information on market prices. As a matter of fact, research shows that smallholder farmers can lose up 90% of their income in trading due to lack of proper market information and environment.

It is with this in mind that AGROAM are making plans to enter the Nigeria Agriculture market come 2014 with an ICT platform that would help smallholders have a functional agricultural market using web and SMS. AGROAM would allow farmers and agriculture entrepreneurs registered with them to check for price of product, tell others about what they have for sale and also help them find partners in their locality to help them. For example AGROAM will allow farmers send SMS to a particular short code to inquire about price of specific products. The online platform is also flexible and enables you sign up as either a seller or a buyer.

The Nigeria agricultural market would really  benefit from this product as it would allow wholesaler have good bargaining power and our smallholder better and increased access to market which in turn would translate to better income and livelihood to cater for themselves and increase production too.

In a chat with AGOPRENEUR Nigeria, Anthony Connor of AGROAM explains that this product would not only help the farmers but also government, NGOs and research bodies. Data gathered from this platform would be shared appropriately for government outreach and other endeavours such as data analysis, market survey etc. Farmer and other would be able to share contact and price data.

AGROAM is currently been used in South Africa. Nigeria would join countries like Brazil, Colombia, Ghana and Lesotho where the products would be launched in 2014. In the main time, partnerships are currently been discussed with NGOs, relevant agencies and companies that would help put the product in the hand of those who need them across Nigeria