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AlliancePartnership Potential highmediumlow: High
Program Areas Project Overlap:
The bank can offer loans to the fish processors around the Winneba area under their micro finance product.
Company assets:
Liquidity, understanding and passion for the fishing sector and proximity.
Previouscurrent engagement with USAID if any: None known
Drawbacks mini-due diligence:
Decisions are taken from the Head Office in Kasoa in terms of accounts management. This may make customers in Winneba area commute significant
distance to resolve high level issues with respect to accounts.
Point of Contact:
Cynthia Ashalley Branch Manageress
M: +233 242 137302
E: cynthiaashalleyyahoo.com Website:
None
Interview Summary: B-BOVID LTD
B-BOVID LIMITED
Business SectorIndustry: Agriculture
Location of OperationsProduction: Takoradi, Ghana
Date of Interview: June 16, 2015
Location of Interview: Takoradi, Ghana
Company FocusProduct:
B-BOVID Ltd is an Agri-business social enterprise which is actively involved in agro-processing, promoting a new model of socially-inclusive commercial farming
and ensuring there is a ready market for farmers. B-BOVID seeks to reduce poverty and create wealth for the rural poor through
inclusive business and social entrepreneurship. B-BOVID has a subsidiary firm TRACTOR Transforming Rural Agriculture
Commodities Through Organic Reinforcing which focuses on capacity building in agriculture.
TRACTOR trains youth and farmers to establish fish ponds as an alternative source of livelihood and packaging of smoked fish.
The company has set-up an alternative livelihood centre, ICT centre for agriculture and agricultural mechanization centre.
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The company provides out-growers with access to open market and high-quality inputs,
provides farmers with modern agricultural machinery at a subsidized rate and capacity building of farmers.
B-BOVID works with oil palm farmers and has established a UN award winning palm oil and palm kernel oil mill near Apowa in the Western Region of Ghana.
B-BOVID has given out about 72 acres for establishment of a vegetable farm at Ango where there is clean water for irrigation.
B-BOVID has nucleus livestock farm that supplies farmers with breeding stocks to serve as an alternative livelihood to farmers
Business Interests:
B-BOVID has interest in supporting vegetable out-grower farmers to improve farming productivity.
B-BOVID is keen to use it unique set-up to establish a cassava out grower program and a large cassava processing and package factory and train women on how to
process the cassava into different products.
The company is also interested in aquaculture development as part of its “Garden of Eden” vision.
Business Challenges:
High interest on loans from the banks.
Bad work ethics especially stealing of company’s assets.
Difficulty in securing credit for its operations.
Irregular supply of power from the national grid which adversely affects its palm oil and palm kernel oil processing mills.
CSR if any:
The company has no CSR policy or activity but most of their operations are towards community development.
AlliancePartnership Potential highmediumlow: High
Program Areas Project Overlap:
The project can partner with B-BOVID to supply piglets as breeding stock, fingerlings, organic fertilizer for vegetable production and oil palm seedlings to
folks who want to take agriculture as a diversified livelihood. The company can assist to strengthen the folks who are into farming to form
clusters, groups and association and link them to markets, input dealers and financial institutions.
The company can provide training in agriculture crop and livestock for the folks who interested in diversifying into agriculture.
Company assets:
Experience in agriculture, capacity building and general recognition.
Previouscurrent engagement with USAID if any: None Known
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Drawbacks mini-due diligence:
The location of the firm may pose a significant challenge during training for folks who are not near the site of the farm. These folks may have to commute significant
distance to access the training and this can reduce the level of interest.
Point of Contact:
Issa Ouedraogo Managing Director
M: +233 244 939848
E: issaouedgmail.com Website:
