Project Cost: RM 100,000
Amount Invested : RM 5,000
Amount Required : RM 100,000
Knowledge / Experience Required:
Proposed Investor’s Role:
Project Stage: seed
Started early May by young entrepreneurs based in Sarawak. Aims to tapped least explored Sarawak pepper export market. Background as pepper farmer with ability to acquire local pepper supply for export. Sarawak pepper export projected to grow at robust rate in near future either merely less than 15 local exporter, ability to market Sarawak pepper will ultimately provide bigger market share in pepper export arena.
Product / Service Description:
Sarawak peppers (black/white)
Pepper export market revenue is currently at RM600million annually. There are merely 15 local exporter will give huge market share for new entries. Ability to source pepper supply from local farmers will provide huge advantage. Our advantage as local entrepreneurs and farmer will give us opportunity to engage with farmer.
Our revenue will be based on export volume and pepper buying and selling with local farmer as well as local exporter.
Formed by three young partners which all are local. We manage to secure an incubator to kickstart our business. Our background as local ethnic group in Sarawak will position as better in engaging farmer.
We already secure an incubator to kickstart our business and manage to acquire few interested company abroad. Our financial constraints has hindered our ability to export pepper at competitive price.
Buying of pepper from farmer
Expected Return On Investment:
15% per export succeeded
Investment Risk and Mitigation:
Maintain optimum buying of pepper from farmer equivalent with export performances.
We propose funding in stage and demand based funding.
DON MAKANZIE LOCK
D.M AGRO MALAYSIA
No223 lorong 1-7 Taman Suria 1
State : Sarawak
Post Code : 94300
Country : Malaysia