Stream Brooks operates a poultry farm for egg production. The company brood birds from day-old chicks till egg-laying maturity. To ensure a very low cost of production, the company produces its feeds using the raw feed materials sourced from farmers based on an outgrower scheme.
Market Opportunity/ Problem
In Nigeria, the increasing population coupled with a decline in food production is of huge concern. Recently, sources of protein like beef and fish have become very expensive to households which makes many turn to eggs. Also, the government introduction of one meal per day for school pupils has spurred increasing demand for eggs as it is the most affordable with high-quality protein needed by both young and old.
Years of operation
Type of organization
Stage of the business
Agriculture value chain(s) focus?
Primary country of operation
Other country(ies) of operation
How many employees does your business have?
Does the business have more than 30% women ownership?
Does the business have more than 30% youth ownership (under 35 years)?
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
What is the split between equity and debt?
65% Debt, 35% Equity