Vanguard Economics/Aflakiosk
Description
Aflakiosk ( a subsidiary of Vanguard Economics ) is a mobile laboratory that helps farmers and traders to access better markets and by understanding quality.
Market Opportunity/ Problem
Consumers expetct their food to be safe,but quality testing for staple crops is currently too expemsive,inacessible and slow.Aflakiosk provides affordable,accessible and quick quality testing services
Company Information
Years of operation
1.5
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Providing quality testing services of grains
Agriculture value chain(s) focus?
Maize
Primary country of operation
Rwanda
Other country(ies) of operation
N/A
How many employees does your business have?
4
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$)?
250,000
What is the split between equity and debt?
Equity: 30% and Debt 70%