IDEA CO-FINANCING
We provide co-financing for viable small business ideas for youths and women in Nigeria and Africa such as
- Grothon Africa Innovation
Grothon is a joint venture of SOIFoundation in partnership with Trashcycla. The objective is to leverage on the expertise, knowledge, and experience of both organizations to drive the access of impact durable products like solar lamps and solar home systems to underserved communities in Africa. We also engage youths and women as rural sales agents in their communities.
Our impact so far
- Made access to solar lamps available to 20 poor underserved communities in 3 states of Nigeria.
- Employed youths as rural sales agent in their communities.
The Akara Project Venture
The Idea of the TAP venture is a network of women who are dedicated to consistently provide their communities with access to hygienically prepared, healthy, nutritious, and affordable fried bean cake (Akara – Kose) while making a living and transforming their financial, economic, and social status. Through the TAP Venture, we have provided business startup capitals, coaching and training supports to the women.
Our impact so far
- We have supported about 50 women with training and access to finance their Akara enterprise in Nigeria.
UFEDO Digital Solution (No Hunger, Zero waste)
UFEDO is a digital innovation designed with the main aim of reducing the waste of food in Nigeria. We achieve this through the provision of market ready and alternative value proposition for near off the shelf food products in retail stores and warehouses using digital solutions.
It’s a digital clock bank for food and other social impact products and a platform for facilitating synergy between food manufacturers, processors, distributors, Restaurants, Orphanages, Prisons, IDP camps, individual consumers, profit, and non-profit organizations. We help to mobilize and distribute basic resources to positively support the poor and vulnerable people in Nigeria and beyond.