I want to farm with cash crops, and livestock such as cattle, sheep, pigs, chickens, freshwater fish, microgreens, and mushrooms.
Currently, we signed a lease agreement with the owner of a farm and started to clean the bushes to start the farming operations. We are in the process to implement more unemployed workers from the rural community and to start farming operations.
Our target market will be the informal sector in the rural areas and also the tourism industry as we are situated in the wildlife area.
Problem or Opportunity
We need more finances to buy the necessary tractors, implements, vehicles, livestock, seeds, and machinery, pay wages and salaries, and proceed with the farming operations to reach possible targets.
There are not many competitors in the area of microgreens, mushroom farming, and good quality livestock supply in this area. The microgreen industry is relatively new to this area and mushroom farming will also be the sole provider.
Advantages or differentiators
We will be the sole supplier of microgreens, mushrooms, and other fresh products to the tourism target in our area. There will be small competitors for some of the livestock that we plan to farm with.
We foresee that our target markets will accept our products as good quality products are scares and that we will be the sole providers is some of the products, where no competitors are providing the same products.
Interest rate, %
The farming enterprise is already registered as a company. A Pty Ltd is been registered and we are also registered with the receiver of revenue in our country. We also comply with the rules set out in the industry.
Solution (product or service)
With more finances, we can do more and buy the principal equipment that is needed. We also need to obtain the necessary equipment urgently to ensure the smooth running of the farming enterprise.
Without the necessary finances, the company will not fulfill the required targets set out by management. The possibility of unforeseen nature catastrophes such as drought, lack of rain and water, and other problems can be seen as a risk.
Incubation/Acceleration programs accomplishment
No other applications were made for startup funds. We already used some of our own money that we borrowed from the company to get off the ground.