Description
Passion Poultry designs, manufactures, and distributes innovative poultry equipment for small-scale poultry producers. The company focuses mainly on brooding devices that reduce chick mortality rate by 95%. It also offers slaughtering devices and services such as poultry-related training and mobile poultry slaughterhouse facilities as a cross-sell.
Market Opportunity/ Problem
Small-scale poultry producers in urban areas have limited space to carry out agricultural projects and, in most cases, have full-time day jobs. Poultry rearing is a side hustle that provides another income stream for these farmers. However, it is challenging to ensure the smooth operation of their poultry businesses. Passion Poultry’s products and services are tailor-made to suit the needs of these farmers.
Company Information
Years of operation
4
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Provision of inputs
Agriculture value chain(s) focus?
Livestock
Primary country of operation
Zimbabwe
Other country(ies) of operation
N/A
How many employees does your business have?
7
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
Yes
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
50k-500k
What is the split between equity and debt?
50% debt and 50% equity