Provide empirical evidence of your proposed solution's success/impact at present. If your project is in the idea phase, please provide evidence that speaks to its potential impact
Potential Farmer Population
It is estimated that 25% of the rural population in cocoa growing regions of Ghana already have volunteer avocado trees on their cocoa plantations. Below is the target population for avocado harvesting and collection;
Rural Population in Ashanti Region – 439,971
Rural Population in Brong Ahafo Region – 284,157
Rural Population in Eastern Region – 344,695
Rural Population in Volta Region
(Jasikan District only) – 22,261
Rural Population in Western Region – 306,534
Total – 1,397,618
The total number of potential cocoa farmers who may participate in the collection of avocado from volunteer trees is approximately 1,400,000.
Assumptions for Value Chain Analysis
• Harvesting and Collection of Avocado Fruits: Each farmer will collect an average of 450 avocado fruits. Therefore the potential supply of raw avocados is 1,400,000 x 450 = 315,000 tonnes of raw avocado fruit.
• Drying of Avocado Fruits: The Processing plants will receive 315,000 tonnes of avocado fruits for processing that is, peeling, slicing, drying and storage.
• Milling and Mixing will yield 31,500 tonnes of avocado oil at the average estimated international price of US$ 3,180 per tonne. Thus, the total expected value of avocado oil is US$100,170,000.00.
• Local Consumption on the local market is estimated at 10% of the total output by the food industry, cosmetics and pharmaceutical industries.
• Export for Foreign market: Ninety percent (90%) of Avocado Oil produced locally will exported to the West African sub-regional and international markets such as the US and European Union.
Generate extra income to the cocoa farmer, generate employment, mitigate the social impact of poverty cycle in the cocoa growing area in Ghana, and impact local and national economy positively.
How many firms do you expect to reach?
Regional Gratis firms in three regions(equipment fabrication)and Five Cosmetic industries
What is the volume of private SME finance you aim to catalyze?
What time frame will be required to reach these targets?
Five years maximum. The first years is most critical after which i expect the multiple effects to spring up.
What would prevent your solution from being a success?
a) lack of finance; b) Withdrawal of a major partner due to financial insolvency