Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Dowho Farms connects local farmers with consumers for fresh, affordable produce. We promote sustainable farming, offer educational workshops, and support young entrepreneurs. By eliminating middlemen and ensuring fair prices, community well being.

01.01 Décrivez votre startup en détail

"In a nation of over 223 million people, comprising 2.78% of the world's population, the demand for food is immense. Can our farmers meet the growing needs of Nigeria's population? "With food inflation at 35.4% in 2024, Nigerians face price instability due to middlemen in the food supply chain, food wastage from interstate importation, and the supply of stale produce. Farmers struggle with market access, machinery, education, and industry trends. Dowho Farms connects farmers directly to consumers, making produce affordable and fresh, regulating prices, and reducing middlemen. We provide workshops and training on sustainable farming practices and industry trends. Additionally, we plan to offer a farm machinery rental and lease system to support farmers and encourage youth to pursue commercial farming without the heavy cost burden.

01.02 Quel est le problème principal que vous essayez de résoudre ?

Food Insecurity and Supply Chain Inefficiencies in Edo State, Nigeria On July 14, 2023, the federal government of Nigeria declared a state of emergency on the food security situation in the country, with over 25 million Nigerians facing acute hunger in 2024. Edo State, not exempted, faces severe food insecurity due to: - Price instability - High transportation costs from interstate importations of farm produce - Middlemen levies - Food wastage due to transportation time These issues lead to malnutrition and economic strain for low-income households, who spend a large portion of their income on food. Market traders and food processing companies suffer from reduced profits due to high transportation costs and spoilage. Price instability strains household budgets, causing reduced food consumption as food price inflation exceeds 30%, with up to 40% of food being lost in the supply chain. This widespread problem affects both urban and rural populations.

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

Dowho Farms addresses the food insecurity and supply chain inefficiencies in Edo State by providing fresh, locally-produced farm goods directly to consumers. Our solution works in several key ways: 1. Reducing Transportation Costs: By producing food locally in Edo State, we eliminate the high transportation costs associated with interstate imports, making our produce more affordable. 2. Eliminating Middlemen Levies: Consumers buy directly from our farm, bypassing middlemen. This reduces additional costs and helps stabilize prices, providing more affordable food options for low-income households. 3. Minimizing Food Wastage: With shorter transportation times, our farm ensures that produce reaches customers quickly, reducing spoilage and maintaining nutritional value. 4. Employment Opportunities: Our farm, located in a rural setting, creates employment for unskilled laborers in marginalized communities, contributing to local economic development. By addressing price instability, high

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

Our target audience are individuals below 60 years and above 18 years. Also food processing companies, caterers, hotels, and farmers who are into commercial farming in need of machinery lease. Edo State's population is 4,700,000. - 56% are aged 20-60, totaling 2,632,000 (Total Available Market). - 60% of this group is our Serviceable Available Market (1,417,200). - With a 12% projected market penetration, our Serviceable Obtainable Market is 170,064, addressing pain points like high food prices and food insecurity. This estimate considers current demographics and our strategy to expand through mechanized farming, catering to diverse customer needs

01.05 Quand votre entreprise a-t-elle été créée ?

06/12/2023

01.06 Vendez-vous déjà votre produit/service ?

Oui

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

1

01.08 Parmi les autres propriétaires, combien sont des femmes ?

1

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

Habiba Adoga, Co-founder and Dowho Farm's Chief Financial Officer merges agricultural expertise with McKinsey Accelerate experience. Beyond finance, she spearheads community development, utilizing tech and data for sustainable growth, ensuring innovation meets financial acumen at the intersection of excellence in financial management and community development.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

https://www.dowhofarms.com/

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Agriculture

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

By creating job opportunities and training programs for local farmers, Dowho Farms helps lift individuals and communities out of poverty.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

7 - tout à fait d'accord

02.02.02 Justification de la contribution de ma startup

We provide affordable, fresh produce directly to consumers, reducing food insecurity and ensuring access to nutritious food.

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

5

02.03.02 Justification de la contribution de ma startup

Dowho Farms provides fresh, affordable produce and promotes sustainable farming, enhancing community health.

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

6

02.04.02 Justification de la contribution de ma startup

Dowho Farms provide education to farmers

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

1 - pas du tout d'accord

02.05.02 Justification de la contribution de ma startup

Nill

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

1 - pas du tout d'accord

02.06.02 Justification de la contribution de ma startup

Nill

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

1 - pas du tout d'accord

02.07.02 Justification de la contribution de ma startup

Nill

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

5

02.08.02 Justification de la contribution de ma startup

Dowho Farms supports economic growth through job creation and sustainable farming practices, enhancing livelihoods in rural areas

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

1 - pas du tout d'accord

02.09.02 Justification de la contribution de ma startup

Nill

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

1 - pas du tout d'accord

02.10.02 Justification de la contribution de ma startup

Nill

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

6

02.11.02 Justification de la contribution de ma startup

Nill

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

1 - pas du tout d'accord

02.12.02 Justification de la contribution de ma startup

Nill

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

5

02.13.02 Justification de la contribution de ma startup

By incorporating renewable energy and sustainable farming methods, we help mitigate climate change impacts

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

1 - pas du tout d'accord

02.14.02 Justification de la contribution de ma startup

Nill

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

5

02.15.02 Justification de la contribution de ma startup

Our commitment to biodiversity and sustainable land management protects and restores ecosystems, promoting life on land

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

1 - pas du tout d'accord

02.16.02 Justification de la contribution de ma startup

Nill

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

1 - pas du tout d'accord

02.17.02 Justification de la contribution de ma startup

Nill

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

2

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

2

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

4

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

5

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

6

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

7 - Tout à fait d'accord

06.08 Justification

Farm Produce Sharing System: helps individuals pool resources for bulk purchases, reducing costs per person and making produce more affordable than individual purchases. This appeals to a broader customer base, including those with limited budgets seeking cost-effective options. Direct Purchase System: eliminates middlemen by selling directly to consumers, reducing costs, and ensuring fresher products. This streamlined approach enhances transparency, strengthens customer relationships, and allows for more competitive pricing, giving Dowho Farms a distinct market advantage. Regulated Pricing System: prevents price hikes by offering stable and fair prices to consumers. By controlling prices internally, it shields customers from market fluctuations, ensuring affordability and trust. This consistency fosters customer loyalty and positions Dowho Farms as a reliable and competitive source of farm produce, especially as transportation costs are reduced

06.09 Analyse compétitive

1. Affordability through Bulk Purchases: Our Farm Produce-sharing system allows individuals to pool resources for bulk purchases, reducing costs per person and making fresh produce more affordable. 2. Direct-to-Consumer Sales: By eliminating middlemen, we reduce costs and ensure fresher products. This direct approach enhances transparency, strengthens customer relationships, and allows for more competitive pricing. 3. Regulated Pricing: We offer stable and fair prices, protecting consumers from market fluctuations and ensuring affordability and trust. This consistency fosters customer loyalty. 4. Sustainable Practices: We emphasize sustainable farming techniques, promoting environmental stewardship and long-term agricultural health. 5. Community Empowerment: Through targeted training programs and mentorship, we empower local farmers, with a special focus on female entrepreneurs, to enhance productivity and

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?

Dowho Farms is dedicated to empowering female entrepreneurs within the community through various initiatives. One key action is providing targeted training programs focused on sustainable farming practices, business management, and leadership skills specifically for women. By partnering with local women's groups and cooperatives, Dowho Farms ensures that female farmers have access to resources and knowledge that enhance their productivity and profitability. Additionally, Dowho Farms offers mentorship programs where successful female entrepreneurs in agriculture guide and support emerging female farmers. This mentorship fosters a supportive network that encourages more women to pursue agricultural entrepreneurship. Dowho Farms also promotes gender-inclusive policies, ensuring equal opportunities for women in all its projects and initiatives. By highlighting the achievements of female farmers in their marketing and community outreach efforts.