Why OVO believes in this project
Only a small investment is needed for the farmers to grow mushrooms. To buy seed and substrate they can turn to micro-finance. The growers are also helped to sell the crop so that they also get a fair price. What’s more, mushrooms are very nutritious. MNB ensures higher and above all stable incomes for the local farming community.
To make the start-up possible, Zilipa Nyirabyago will herself contribute €5,000 to the business. She is asking for a loan of €30,000, of which €18,000 has already been pledged by three OVO consultants. The OVO Acceleration Fund funded the amount of €12,000 for NMB.
There is a great need for reliable technology for solar panels for the socio-economic development of remote areas without an electricity grid. Innovex can play an important role with its own technology aimed at African needs.