MAZIMBU AGRO ENTERPRISES Presenter: Mr Alexander B. Jokoniah Managing director, MAE Oasis Hotel, Morogoro - Tanzania Tanzania Youth In Agri Business Forum (TYIBF) 11 May, 2013

Outline Introduction Corporate Objective and products Challenges of the business Recommendation and Conclusion

INTRODUCTION MAE is a privately owned local entity formerly registered under Business Name Registration Act with Registration number 247224 of 4th October 2012 and Tax Clearance Certificate No 0121161 and TIN No 117- 385- 361.The proprietor of MAE is a young graduate from SUA majoring in Agr Economics and agribusiness of 2011, decided to be job creator rather than job seeker.

Corporate Objective of MAE Value chain in livestock products and produce high quality meat for food security. Our current Products Broiler chicken meat branded Kuku nyama Pork branded MAE meat Forthcoming products Local chicken meat branded Kuku asili Eggs branded Yai tamu

Challenges of the youth for start-up business: How to start a business in order to realize the dream? It took 6 months after graduation to start a business. The banks are reluctant to offer a loan. The bank took 10 months from submission of the business plan to release of funds. Lack of exposures and networking

Is it possible for youth to venture into Agribusiness sector and feed a nations and create employment for others?

It is possible for young professional and non Recommendation: Despite of the existing challenges: It is possible for young professional and non who are committed to venture into Agribusiness because youth is a manpower. Any opportunities available for youths should be managed by youths who are going through the same pain

Conclusion: MAE as a young enterprises the door is open to accommodate a youth entrepreneurs wish to learn and share experience of the same or related business. For those who always favour quality meat Mazimbu Agro Enterprises is their best homestead