Nigeria - Business creation project

Describe your project or startup in a few words

This project is designed to create a profitable market space for our already processed agricultural produce. (Palm oil and kannel oil) By creating links between the local market and the international market

01.01 Describe your project in more detail

Palm oil and kannel oil are both essential and economical agricultural produce, which is of higher and excessive demands internationally. Due to its values, so this project is aimed at creating the link to the international market were this produce are sold and to make a better profits. I have made numerous research by going to were this produce are processed and find out that there isn't a link. This link will promote the demands internationally because it will help the international market to buy this produce in large quantities from the local market through the link

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

If this project is been approved and the link established, it will help the local marketers get more value from the sales of their produce. Since the produce is in every local market of the country, the value for this produce in the country is low but will have more value if sold internationally

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

Palm oil and kannel oil are essential to the body As it's used to prevent vitamin A deficiency, cancer, brain disease, high blood pressure, aging, treating malaria, high cholesterol

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

The targeted beneficiaries are the people who leaves in urban areas, that processes the produce but don't have the link to the international market

01.05 When did you start working on your project?

2016-01-01

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

3

01.07 Among the other partners, how many are female?

2

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

Mr Asuquo Anieawana own a processing mill Mrs Asuquo deals on buying the palm fruit from the local market Mrs Paulina Nathaniel is in charge of the processing of the produce while i am in charge of sales of the produce after processing them

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

01.10 Which industry best describes your project?

f) Healthcare (healthcare equipment and services)

02.01.01 My project contributes to the No poverty goal

4

02.01.02 No poverty - Justification

02.02.01 My project contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification

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

02.04.01 My project contributes to the Quality education goal

3

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

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

5

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

2

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

2

02.11.02 Sustainable cities and communities - Justification

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 give the best and the freshest produce both for consumption and for the production of other

02.13.01 My project contributes to the Climate action goal

2

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

2

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

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

The income derived from this project will be shared per as 70% 30%

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

4

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

2

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

5

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

7 - Strongly Agree

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

5

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.

5

05.08 Justification

My processed oils are very fresh because we use the best machineries in processing them

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

Other co dealers but are not able to get as much processed oils as mine and I process fresh oil without any artificial

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

Yes