Entrepreneurship & Value Chain

Mamadou Oury Ba, Lamine Cissé, Al Hassane Ndiaye, Shaunna

Ridge, Defa Sakho, Thor Tillberg

Entrepreneurship Defined

“A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.”

Reactors to Problems &Opportunity

What is a Value Chain?• Network of companies /individuals which interact to

deliver goods and services• Full range of activities required to bring a product /

service through different phases of production to Market

• Interactions of firms and processors required to deliver a product to the end user.

• Identifying opportunities and constraints to increasing productivity.

• Focus on value creation, innovation, product development and marketing

Entrepreneurship and Value Chain

General Objective

To gain a better understanding of the challenges and strengths of the Entrepreneurs of Guédé Chantier

Specific Objective

To Assess the Interest and Possibilities of Entrepreneurship in Guédé Chantier

To make Value Chain more transparent To give farmers the ability to discover wherein the most value is

lost/can be gained Identify Entrepreneurial Organizations and their functions

Specific Needs as Declared by the People

• Agriculture: Access to machines, Barriers/fences around crops

• Fisheries: fish farming project; access to affordable fish; refrigerated transportation of fish

• Gender: Autonomy from patriarchal dominance (access and opportunity), Resources (farming machines, health center supplies, Tosten Library etc.)

• Herders: Veterinarian, Warehouse: feeding and keeping animals closer to families, milk preserve

Specific Needs (cont.)

• Microfinance: Women’s access to loans, more accessible loan options for everyone (not just through the GIEs)

• Value Chain: Better Communication (Top-Down) Govt. Unions GIE Farmers

• Miscellaneous: $ Funding $, Transportation

Problems with Microfinance

• Difficult getting loans– Individual– Women

• Vicious Cycle of Conditional Microcredit Loans to GIEs• Loans from Banks who give vouchers• Limited Variety (Unions)

– Forced to buy fertilizers Ruins Land Lower yields– Can’t pay back on time

• Not enough $ from yield• Pay back late = Start late next year, because waiting on new

loan Start late, miss best seasonal opportunities, low yields (cycle)

Loan Cycle Recommendations

In order for anyone to get out of this cycle, they must free themselves from the banks by paying

back debt

– Allow women to contribute more to family’s income– Short term sacrifices

– Money management– Courses for adults– Courses in school

» Savings account

SOCAS• Farmers are contracted to sell

their tomatoes to SOCAS at 51.5 cfa/kilo

•50 cfa = SOCASS•1.5 cfa = Salary of Union Reps

• Farmers can potentially sell tomatoes for more

Simple Explanation

DakarSOCAS

SOCAS

30 boxes: 1,545

45 boxes: 2,317.5

Dakar30 boxes x 4,000 cfa = 120,00045 boxes x 4,000 cfa = 180,00030 boxes x 12,000 cfa = 360,00045 boxes x 12,000 cfa = 540,000

GOVT

farmer farmer farmer Farmer/BanaBana

SOCAS

farmer

MARKET

BANABANA

MARKET

UNION UNION

GIE

MARKET

Farmer(as buyer)

Farmer(as buyer)

Gov’t

Unions

GIE

Farmers (Male and Female)

Solution:

Transparency (Top-Down)

Rotating Positions

UNION REPS

FARMERSGIE GIE

Information Flow as a Continuous Process

Revolving Market

Some vendors choose to sell their products every day at different

weekly markets

• Transportation– Costly– Inconsistent

Recommendations for Transportation

• Work with Bana Banas• Organizations dedicate a savings account

specifically to a truck– Periodic contributions (bi-weekly, monthly)– Tontines– Loan for Truck

• Carpooling

Thank YouMerci

A dirama