POWER TOKEN EGG INCUBATORS

Egg incubators where customer buy at 50% of price while the other 50% customer pay overtime by purchasing token units.

Problem: 

Domestic birds are terrible bad to manage their own eggs until hatch, as a results 60% of the eggs may either get broken, spoiled or contaminated. In addition, it is stressful to maintain egg fertility under correct humidity and temperature 50 -60 Fahrenheit for successful hatch because birds take several days to lay out eggs before sitting on them.  

Solution:

Our egg incubator is patented, issued on December 2015. This is the machine used to hatch up to eight kind of domestic bird species. The birds includes Chickens, duck, Quail, Guinea fowl, Muscovy Duck, Turkey, Geese, and Pheasants. The design is suitable to use in both urban and rural areas where electricity is unreliable. Meanwhile user incubating the eggs, the machine provides electricity to the third part. Other functional features includes, automated power switching between two sources, automated egg turning, automated regulation on temperature and humidity, and the machine track the amount of power usage.

In addition, our egg incubator is compatible to use Pay As You Go where customer are able to buy at 50% of the price while the other 50% customer pay overtime by purchasing token units. Token units are generated by software and the minimum price of token units is $ 1. The machine is automatically locked when the amount of payment (be it hours or days) expires

Our egg incubator is patented, and suitable to use in both urban and rural areas where electricity is unreliable. Meanwhile user incubating the eggs, the machine provides electricity to the third part and track power usage. Other features are full automated like power switching between two sources, egg turning, regulation on temperature and humidity.

In addition, the incubator is compatible with Pay As You Go where customer buy at 50% of the price while the other 50% customer pay overtime by purchasing token units. The machine is automatically locked when the amount of payment (be it hours or days) expires.

In Tanzania there are over 2.5 Million small scale poultry farmers who are keeping free range chickens approximately (5 - 20) in number per household. These farmers are relying on poor traditional incubation practices, have limited species diversification, and have no access to affordable hatchery technology. The demand for chicks is growing from 300 – 500 per week per every 50 poultry keepers but the supply side has not been able to produce at maximum to address this growing demand. Through our egg incubators, the poultry farmers have better access to technology to increase their productivity.

• Continuing manufacturing egg incubators, the target is to reach a minimum of 200 units before the end of 2018
• Provide capacity building in poultry related skills to small scale poultry farmers 

See our Strategic Plan, Pitch deck and Business Plan

https://drive.google.com/drive/folders/159Q5I6YrRA9rkipihHmcuST3aKOrhlf3?usp=sharing

• Simon Tito Foods Company Limited has a vision to provide high-tech hatchery incubators for poultry farmers at an affordable pricing mechanism.
• The Company mission is to achieve profitable growth through superior innovation, quality and commitment. 

• Offer after sale service including capacity building in poultry related skills    
• Producing varieties of size of egg incubators, customized depending on customer preference
• Incorporate additional features if any that are more customer oriented, for instance automated egg tester embedded within in order to test egg fertility

The company has sold 100 egg incubators, to individual households, women in groups, retired officials, and youth (aged 22 - 30) who are engaging in poultry keeping activities

• The target is to reach a minimum of 600 small scale poultry farmers, who bought the egg incubators 
• The targeted farmers ( Minimum 600 ) received training in poultry related skills and are able to produce 300 - 500 chicks per week

SIMON TITUS MALUGU

Founder, Innovator of electric egg incubators, attended technological training at Purdue University as Mandela Washington Fellow. See full profile;

https://www.linkedin.com/in/simon-titus-malugu-a0339892/

Others who are employees are electrical engineers, welders, wooden craftsman, accountant and sales personnel

Customer buy at 50% of the price while the other 50% customer pay overtime by purchasing token units. The machine is automatically locked when the amount of payment (be it hours or days) expires and customer will be required to buy token units. 

In case happen the customer delay using the egg incubator in the first 21 days after purchasing, then customer will be charged a standing fee of $ 15. In a period of 6 months customer must finish all payments. The minimum price of token units is $ 1

1. Gain access to grants, venture capital, equity, or affordable loans
2. Gain access to international markets in particular Sub Sahara Africa 
3. Business Mentorship and networking

Limited financing to scale up the existing operation