Pinga Agro Investment
Description
Pinga Agro Investment produces eggs and also rears birds from day-old chicks to the point of laying eggs and then sells them to small farmers for the purpose of producing eggs. The company operates two farms in both Anambra and Enugu state of Nigeria and its current capacity is for 90,000 birds of which 35,000 is for meat production and 55,000 is for egg production.
Market Opportunity/ Problem
Pinga Agro Investment aims to address the huge gap in egg and chicken production.
Company Information
Years of operation
5
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Livestock
Primary country of operation
Nigeria
Other country(ies) of operation
N/A
How many employees does your business have?
45
Does the business have more than 30% women ownership?
Yes
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
>1m
What is the split between equity and debt?
70% equity and 30% debt