Agrolite Food comp.

Agriculture/manufacturing
  • Sector Agriculture
  • Country Nigeria
  • Founding date February 2020
  • Stage Users
Agrolite is an Agribusiness company that manufacture its foods from Plantain. We produce plantain flour, plantain foods, fiber and animal feed.

General

Sector
Agriculture
Category
Consumer
Product usage or interact
Mobile/Tablet (Android))

Business

Target customer
Confectionery/bakeries comp., International & Local Market,flour mill
Customer acquisition strategy
By introducing direct & indirect marketing system
Revenue model
Transaction processing #10,000
Delivery Truck #1,500,000
Land #1,600,000
#3,000,000 for equipment
Salary and Wages #100,000
Purchase & Cultivation of suckers #600,000
Supply of Animal feed #250,000
Transportation Cost #200,000

Market info

Market size
$5,000
Competitors
Competitor name
Competitor website
Ayoola food company
Broadworld integrated services Nigeria

Total early investment
$30,000
Shareholder structure
Owner type
Name
Equity
Rosanwo Miracle
Co-Founder
% 20
Ojo Gideon
Employee stock option
% 10
Umoye Favour
Employee stock option
% 10
Ukwogu Ngozi Eunice
Employee stock option
% 5
Tito Hephzibah
Employee stock option
% 5
Israel Jimson
Founder
% 50
Investment round
Angel Investment
Investment amount
$30,000
Equity on offer
% 50.0

Team

Israel Oluwaseun Jimson  - Nigeria
Total team member
7
Comment
Last update: 21.09.2020