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24.07.2016 admin
The initial capitalization in starting a small vermicomposting business on vermicompost production will depend on the scale from backyard (P5,000) to commercial (P50,000).
How To Make Someone Choose Your Product Over The Competition 15 Ways to Advertise for Free: Are They Still Effective? Last month, we went on a business trip to Rwanda to visit BiD Network entrepreneurs and to meet with both existing and new local business partners: current partners African Innovation Prize, Inkomoko, Ejo Partners and new partner Educat. We were excited to finally see the businesses that we have been working with and to hear the entrepreneurs passionately explain about their business plans. Tekutangije is an innovative business in clean cookstoves that we have been working with since our Growing SMEs event in 2012 and that is now participating in our IFDC Shape & Lead program. This innovative cookstove can be used on both a small and a larger scale and is being sold to households and schools. Tekutangije currently has 10 full-time employees, 20 employees upon request and a large number of piece workers. On a 45-minute ride from Kigali, you’ll find Shekina: an established agribusiness that is selected for this year’s SPRING competition because of its collaboration with women (farmer’s) co-operations as their suppliers.
Shekina is looking for investment to be able to purchase more drying machines so that production can increase and live up to the large demand they are getting.
In the Northern part of Rwanda, close to Musanze, we visited Thijs Boer and Pascal Murisara at their crisp factory of Hollanda Fairfoods.
At the moment, Hollanda Fairfoods is receiving attention from many different parties; investors have expressed their interest, and there are two investor trips coming up that will visit the business during their visit.
Vermicomposting is an agribusiness on a three-hour drive from Kigali, set up by three young Rwandan entrepreneurs who all got their degrees in India. So far, Vermicomposting has received a $ 10,000 grant from IFDC, enabling the entrepreneurs to buy the machines needed in order to start the business. In the Eastern province of Rwanda, we visited Panovita: an agribusiness that produces enriched infant and adult food mixes.

Maria has already participated in our Get in the Ring Africa 2014 event and in the Women in Business Challenge 2014. Shape & Lead, in cooperation with IFDC, is the program for agripreneurs who need assistance in shaping their business, but also for those who want to optimize their role as leaders in the value chain. The main objective of the UEC program is to strengthen the capacity of partner organizations that support entrepreneurs and small and medium-sized enterprises (SMEs) in fragile states and least-developed countries. The program supports entrepreneurs and business support centers (international partners) in Burundi, Kosovo, Liberia, Palestine and Rwanda.
Before stocking the earthworms, make sure that all materials in the vermi bed are prepared. The offspring or produce of the initial vermi in the vermi bed can also be sold to would-be vermicompost producer or to fish pond owner as fish meal. 5 Quick Tips for Using Instagram for Marketing How To Attract Local Customers To Your Flooring Company On Social Media 10 Tactics to Perfect Your Online Market Research Why Does Robert Kiyosaki Support Network Marketing? Some of the businesses visited are now ready for finance and offer interesting investment opportunities.
Entrepreneur Isidore showed us around in his factory, located just outside Kigali, and demonstrated the sustainable cookstove he designed.
Among these piece workers are (ex)prisoners, who are given a job opportunity in return for a small loan.
Shekina produces dried cassava leaves, cassava flour, dried fruits and other grains and flours using their patented technology.
As the first commercial potato chip company of Rwanda, Hollanda FairFoods produces Rwandan-grown Irish potatoes to sell as potato crisps on the Rwandan cradle-to-cradle packaging domestic market.
Hollanda FairFoods is currently part of the IFDC Shape & Lead Program and hoping to find the investment needed. Through a sustainable and eco-friendly way of producing, they are able to make highly nutritious compost, using worms. Panovita is currently in the IFDC Shape & Lead program and has as next plan to produce special mixes for young women as well.

Her company Angaza produces bags, wallets and other fashion accessories made from waste and recycled materials; a process called ‘upcycling’. It degrades waste as vermi or earthworm (African night crawler) feed on and digest waste materials. Others are still developing and improving their business plans, but are on the right track to become ready to present themselves to investors as well.
To set up the business, Isidore has already received a loan from the Rwanda Development Bank.
These healthy crisps will be exported to the East African regional and global markets in the long term. Vermicomposting is participating in the IFDC Shape & Lead program and is looking for investment to be able to expand the business. Vermicomposting results in a better quality product that is produced in only 4-6 weeks compared to ordinary compost that is produced in 8-12 weeks. In the region, Vermicomposting is currently the only business to produce compost this way; other producers are not able to make compost that is as nutritious or use chemicals.
Currently, she is looking into buying another (second hand) sewing machine so she is able to upscale the production. Shekina uses a unique patented self-designed technology to dry fruits, grains and leaves and are currently leading in the dried cassava leaves market.
She is in need of an investor or business partner who can help her with sales and with creating a market in Europe.
Currently, she has a coach through BiD Network who helps her with business planning and financials.

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