History of Suzy-Farms Corp
Field Survey Oct. 2013 (Dr. Nvenakeng Suzanne Awung) |
Executive summary
Suzy-Farms LTD is an inclusive agri-aqua corporation situated in Bonduma, Buea, Cameroon. It is involved in the primary, secondary and tertiary production and transformation of agri-aqua products or various types, investment and development or farming and breeding techniques to encourage agri-business. This is aimed at improving community resilience to food insecurity, poverty and climate change threats. We nurse and grow crops and fruit trees like mangoes, paw-paw, oranges, avocadoes, quavers and plums to enhance nutrition. We also breed and rear fishes, birds and animals such as broilers, layers, catfish, tilapia, pigs, goats and rabbits; and supply the market at a competitive price and make profit. We also produce animal feed and add more value to our products by processing them to meet our customer’s desire. Local farmers are train in animal husbandry and aqua-culture to provide alternative livelihood, generate income, eradicate poverty and improve their well-being. Our business plan is executed by our skilled management team of less than 50 workers.
Problem statement
Problem statement
Climate change, population growth and land grabbing
for large scale projects have increased the level of food insecurity in
Cameroon. The government also banned the importation of chicken in 2005 and
this led to further shortages of animal protein. The mostly cereal-based diet
is also deficient in proteins and often leads to malnutrition. To address these
issues, Suzy-Farms engages in agriculture, animal husbandry and fishery.
Mission
Suzy-Farms seeks to become an inclusive
leading provider of food in Cameroon and most especially in the South West Region.
This will be accomplished by selling our products (meat, fish, eggs and fruits)
at a competitive price while exceeding customer’s satisfaction. We aim at
addressing socio-economic and environmental challenges within our communities.
Objectives
Our objectives are to;
· Enhance food security as leading provider of fruits, vegetables, food crops, chicks, fingerlings, catfishes, tilapias, chicken, eggs, pigs, goats and rabbits in Cameroon.
· Include low income groups along our value chain by integrating local farmers as producers, consumers, distributors and employees in our venture.
· Alleviate poverty by generating profit for multiple stakeholders along our value chain through the provision of new income streams for local farmers.
· Create an enabling ecosystems around our business to ensure economic viability and sustainability of our venture by sharing knowledge and technology with local farmers.
· Enhance community’s adaptive capacity to climate change through the provision of alternative livelihoods for local farmers.
· Deliver an innovative and effective end-to-end business model to alleviate poverty and enhance viability, social impact and scale potential of our venture.
Keys to success
Business model
Our business model is design to create, deliver and capture values
for our customers. Our proximity design enables us to work directly with our
customers, listen to their challenges and develop our products and services
from their perspectives. This will generate a mutual and trustworthy
relationship. We seek to understand the challenges of our customers (end-user
insight) and provide services that allow local farmers to pool their resources
together, learn from experts, exchange best practices and effectively market
their product (functional benefit). Local farmers are included in the value
chain and their capacity are continuously enhanced to enable them grow as
entrepreneurs (emotional benefit). We provide a win-win situation by empowering
local farmers to become more entrepreneurial and continue expanding their
business while using our services and products (reason to believe). Thereby, enabling our entrepreneurship more
desirable, profitable, impactful and more viable than traditional employment (key
payoff/tagline). Low-income groups are often the most costly customers to serve
because they often live in remote areas with irregular cash flows. Our
innovative business model generates new income streams for them and
deliver high quality product to low-income consumers through barter trade system.
Revenue streams
Target population
· Enhance food security as leading provider of fruits, vegetables, food crops, chicks, fingerlings, catfishes, tilapias, chicken, eggs, pigs, goats and rabbits in Cameroon.
· Include low income groups along our value chain by integrating local farmers as producers, consumers, distributors and employees in our venture.
· Alleviate poverty by generating profit for multiple stakeholders along our value chain through the provision of new income streams for local farmers.
· Create an enabling ecosystems around our business to ensure economic viability and sustainability of our venture by sharing knowledge and technology with local farmers.
· Enhance community’s adaptive capacity to climate change through the provision of alternative livelihoods for local farmers.
· Deliver an innovative and effective end-to-end business model to alleviate poverty and enhance viability, social impact and scale potential of our venture.
Keys to success
Suzy-Farms adheres to four instrumental
keys to success
- Strict financial control to maximize our production efficiency.
- Putting the need of our customers at the core of our value proposition. Our low production cost is easy to adapt and has a higher impact on the low-income group.
- Optimum health of our animals and birds (vaccines, medication, feed quality, aerated housing) to ensure a low mortality rate.
- Our 100% customer satisfaction philosophy ensures that our customers’ needs are met on time at their satisfaction to enhance our business profitability.
Business model
Bomana community participants |
Our Products and Services
We breed/rear layer hens, broilers, local fowls and ducks in
deep litter system, battery cages and free range; breed and rear pigs, goats, rabbits, snails, tilapias and
catfishes; nurse and grow fruits, vegetables and food crops and also train local farmers. “Give a man a fish and he will eat for a day;
teach a man to fish and he will eat for a lifetime.” Local farmers work in
our farms during their six weeks training period without payment, thereby
‘learning by doing’. This is a win-win approach for both the business and the farmers.
Some will be retained as employees and others will become local entrepreneur in
their communities.
Revenue streams
Suzy-Farms has twelve main
revenue streams (chicks, fingerlings, meat, fish, eggs, animal feed, farm equipment, fruits, vegetables, food crops, processed and cooked food.)
and four main customers groups to whom we sell our products. Local
entrepreneurs, retailers/supermarkets, hotels/restaurant and the general public
are attractive customers due to their consistent demand in these products.
- Local entrepreneur – We supply them with chicks, fingerlings, animal feed and farm equipment. They also
buy our meat, fish and eggs for consumption and/or sell to the end consumer and
make extra profit for themselves.
- · Retailers – these are mostly supermarkets and small shops owner who purchase our products for retail. They are the main distributors for our products.
- · Hotels and restaurants – They buy our products, cooked them and sell to end consumers.
- · The general public – Our customers buy directly at farm gate, shops and open markets.
Target population
- We target to include the rural population in Cameroon as producer, consumers, distributors and employees.
- Supply our customers with products at a competitive price.
- Train about 25 local farmers in animal husbandry and/or aqua-culture each year.
Competitive edge
Our
venture has local competitors and external competitors practicing backyard
poultry, piggery, goats rearing and feed production. There is no local
competitor in aquaculture in Buea. About 20% of these competitors have good
technical skills in farm management. More than 80% of them self-managed their
farms and about 40% prefer administering vaccination themselves. Most poultry
farms rear between 50 - 500 birds and sell at the local markets. The buying
patterns of different customers are often based on the price, availability,
consistent delivery and health of the animals/fish. Our competitive edge is our
ability to consistently produce healthy products at a competitive price. Our
competitive advantages are the high level of technical skills, large scale
production, low mortality rate and new market accessibility. Our
employees are made up of specialists in animal-husbandry/fishery, financial
manager, sales agents, and trained employees to ensure effective and efficient
management of our farms. Our sale strategy seeks to become a stable supplier to
customers that need a steady supply streams.
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Environmental and social-economic impacts
This inclusive agri-aqua business venture provides
socio-economic benefits to communities by providing local employment, food
security, alternative livelihoods, better nutrition, well-being and health.
Local entrepreneurs will generate new income streams to alleviate poverty.
Education will be enhanced as parents are able to make money and pay for school
fees and healthcare of their family. The
emergence of alternative livelihood will enhance farmers’ adaptive capacity to
climate change threats, reduce vulnerability, restores ecosystems and
biodiversity as their dependence on the forest will keep reducing gradually, and
provide commercial returns. All these are geared towards meeting up with the Agenda
2030 for Sustainable Development Goals, the Paris Agreement and the National
Adaptation Plan.
Conclusion
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Environmental and social-economic impacts
Our venture involves low-income groups
(local farmers) as consumers, producers, distributors and employees. We target
local communities and focus on enhancing local livelihoods, well-being, food
security, poverty alleviation and climate change adaptability. We train local
farmers on animal-husbandry and aquaculture, and encourage them to plant fruit
trees in their crop farms to enhance biodiversity and increase food yield per
unit area of land.
Our Management Team |
Conclusion
Poultry meat, eggs, fish and small animals
are the most consumed animal protein in Cameroon. Animal husbandry and
aquaculture are also very lucrative because of the favourable climate, good
temperature (24°C – 30°C), low cost of heating, water availability, high demand
and cultural acceptability. By selling our products and sharing our knowledge
on climate-change resilient agriculture, we join local farmers to enhance food
supply, improve their livelihoods, generate income and eradicate poverty. A
combination of local and modern agro-techniques, and livestock rearing have the
potential to substantially increase food productivity and feed the growing
population. We can use our passion and enthusiasm to lift others on our way up
and ensure food for all by 2030.
12 comments:
All set and done. Keep soaring
Good inclusive business with socio-economic and environmental impact
Well taught out plan
Great and inspiring idea. Keep on
Great and inspiring initiative
Waooh. This is really something to emulate.
Lovely ideas, will be following this blog to learn more. Keep up adding more informative stuff
Bring g out the gift in you. Serving others with great skills and ideas
Good project. Would love to be part of it
Would really love to be part of the team. Great ways to practically enhance food security, livelihood and alleviate poverty
Great initiative. Nice concept with great social and environmental impacts.
Great initiative to enhance livelihoods, food security, better nutrition and alleviate poverty within local community
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