Ami-mar Farms

Rearing goats using natural agricultural feeds.
  • Sector Agriculture
  • Country Nigeria
  • Founding date October 2019
  • Stage Idea
Goat Farming is a serious business that can generate a significant number of working posts and income for rural and urban population is almost forgotten in Nigeria, especially the Northern part. Nigeria with over 3 million hectares of agricultural land out of which 40% is arable, with cheap and good quality fodder,high unemployment rate,developing processing sector are trends to focus.

General

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

Business

Target customer
Individual customers,restaurants,hotels,companies,eateries and so on.
Customer acquisition strategy
Online business,traditional business and online tutorials.
Revenue model
My revenue model expectation is $100,000 with 25,000 users through effective advertisement to scale up production.

Market info

Market size
$25,000,000
Competitors
Competitor name
Competitor website
Hawaii farms
anadariya farms
Competition
My direct competitors are the list of gaot farming centres mentioned above.
Te indirect competitors are those into livestock activity domestically for some years wh do not bring their business online.
Startup traction
The business will take the below steps for traction.
1.FORMATION:This involves the basic elements of forming the business(incorperating,getting tax ID, setting up a business bank account,setting up a basic website, creating business collateral etc).
2.CUSTOMERS:This is when the business need especially paying customers.Having this category of customers will make the idea of really much of funding the business.
3.PRODUCT DEVELOPMENT:This is the stage of developing my production that can help build tract around the company.It is the first stage when conceiving the production,where the tracting comes from sketches,market research,and some visual production types.
4.ADVISORS:This involves the formation of seasoned human resource that can go along way towards achieving the goal of the business.The involvement of advisors in the business provide numerous success.
5.TEAM RECRUITMENT: Strong team recruited will help overcome challenges as ideas change overtime.

Total early investment
$100,000
Shareholder structure
Owner type
Name
Equity
Abubakar Na'inna
Founder
% 70
Abubakar
Co-Founder
% 20
Abubakar
Employee stock option
% 5
Ahmad Rufa'i
Employee stock option
% 5
Investment round
Angel Investment
Investment amount
$100,000
Equity on offer
% 10.0

Team

Maryam Abubakar Na'inna  - Nigeria
Isma'il Abubakar  - Nigeria
Yusuf Abubakar  - Nigeria
Haris Ahmad Rufa'i  - Nigeria
Total team member
4
Comment
Last update: 08.08.2020