Nigeria - Business creation project

Describe your project or startup in a few words

Packaging of rice and spices (ingredients) together in one pack like the way indomie is been packaged.

01.01 Describe your project in more detail

In our country (Nigeria) today, it's been difficult for many families to cook a pot of rice, likewise students because of the increasing cost of buying tomatoes, pepper, rice etc. But if all this aforementioned things and more is packaged in smaller quantities, it will be very easy for people, families and students to easily afford and also be better.

01.02 What is the main problem you are trying to solve?

Hunger because a lot of people are facing hunger problem and going through difficult times in food consumption.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

It will be easily affordable, at least the burden of buying rice, tomatoes, pepper, onions will be reduced. There will be reduction in hunger problem because many Nigerians will afford it. It will also be a fast and cheaper means of consuming rice.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Families, students and individuals

01.05 When did you start working on your project?

2024-01-05

01.06 How many other partners are associated with your business venture?

0

01.07 Among the other partners, how many are female?

0

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

I don't have any partner because it's still a business idea but honestly need mentorship apart from the capital needed to successfully carry this project.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

0

01.10 Which industry best describes your project?

d) Primary commodities (food, drink, household and personal products)

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

It will really help in my community because there will be job creation for people and the difficulty many have in buying rice and what to use for cooking it will also reduce.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

It will be affordable for families, students and individuals to get there by helping to solve the problem of hunger.

02.03.01 My project contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

When there is hunger, sickness arise but if people eat a decent food, and healthy food and also be happy, good health is established.

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

A hungry student will be in a state of confusion and will lack concentration but when food is made available and affordable, the student will excel. Students also love quick and fast food and that's why 95% of students cannot do without noodles.

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

I will say it will be a motivation to some women and girls that they too can achieve there goals.

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

Yes, alot of persons will be employed and will also create room for partners to join.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

There will be industry innovation and will make good impact to the community.

02.10.01 My project contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

6

02.11.02 Sustainable cities and communities - Justification

It will be safe for individuals and the community

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

We will ensure sustainable consumption and production patterns for the well being of people.

02.13.01 My project contributes to the Climate action goal

6

02.13.02 Climate action - Justification

We will ensure there will be no pollution what so ever.

02.14.01 My project contributes to the Life below water goal

3

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

6

05.02 The product/service we envision creating represents an entirely new type of product/service.

6

05.03 The product/service we envision creating could be described as a new technology.

6

05.04 The product/service we envision creating is an improvement on an existing product or service.

4

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

4

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

6

05.08 Justification

My project will create a need that has not be fully satisfied by other products. Though people have been consuming rice but this will create a unique improvement that will make it faster, easier and affordable.

05.09 Who are your main potential competitors and what makes you stand out from them?

Noodles companies and more because in Nigeria once one person starts a thing, others will follow suit. But the uniqueness of my project is what will make me stand out.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

No