SCRIMAD

Sector of activity: Agro-food
Status: Sortie
Associed fund: IPAE 1
Entrepreneur: Simon Rakotondrahova
Employees: 74
Country: Madagascar
A propos:

Founded in 1993 and managed by Simon Rakotondrahova, SCRIMAD specializes in the collect and export of litchi production, among other fruits and spices (vanilla, black pepper, cinnamon, etc.).

SCRIMAD is certified "Fair Trade" and notably works with ETHIQUABLE, a french co-op specialized in organic agriculture and fair trade. The partnership with I&P aims to help the company diversify its activities and ensure stable income to the partner farmer organisations.

 

The entrepreneur

Founder and manager of SCRIMAD, Simon Rakotondrahova has notably chaired the Madagascar Chamber of Commerce and Industry and “Gelmada”, a gathering of Litichi exporters in Madagascar.

 

Partnership with I&P

I&P committed alongside Scrimad to:

• Settle a production unit specialized in the production of fruit puree and frozen fruits

• Take energy efficiency measures in this new production unit

• Train the producers so that they meet the requirements established by BIO-GLOBALCAP and ETHIQUABLE

• Strengthen the capacities of the operational management team

 

In portfolio since: 2015
en-savoir-plus

Indian Ocean Trepang (IOT)

Sector of activity: Agriculture
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Jaco Chan Kit Waye and Olivier Méraud
Employees: 152
Country: Madagascar
A propos:

Indian Ocean Trepang (IOT) is a Malagasy company specialized in the breeding and export of sea cucumbers. Local fishermen are associated with its activities, allowing them to generate additional income. The company actively contributes to preserving marine wildlife & fighting against overfishing.

 

IOT breeds sea cucumbers in the South of Madagascar. This specie’s reproduction remains scarcely human-engineered because of a high mortality rate during the early life stages. IOT’s growing technique was developed by a team of Malagasy scientists, being the only company in Madagascar to control the process. Sufficiently mature, larvae are ceased to neighboring fishermen who raise them to maturity before re-selling them to IOT to be dried, packed and exported.

This specie does not require any additional food but the natural waste found in the sand. Thus, their breeding does not have any other incident on their natural environment apart from clearing the water.

 

Indian Ocean Trepang is one of the company featured by the project Small is Powerful

 

The Team

Jaco Chan Kit Waye is Manager of Copefrito SA and Chairman of the Seafood Export Companies Association. In 1995 he founded Copefrito which exports squids and calamari to Europe.

Olivier Méraud works since 2004 with Copefrito as an operational officer. He has been a Merchant Navy captain and worked in fishing and seafood business for 12 years. He created Madagascar Seafood in 2005, a crab, squid and lobster export company.

 

Partnership with I&P

I&P committed alongside with IOT

• To help the company improve its GIS

• To finance the farm site construction

 

Impacts

• 152 jobs created or maintained over 6 years, including 77 permanent positions and 11 as technicians or managers

• Pilot project in the sea cucumbers breeding with good prospects to be reproduced

• Steady revenue-generating activity for the local fishermen and neighboring villages

• Awareness raised on the wild specie over-exploitation and repopulation of the natural stocks

 

In portfolio since: 2012
en-savoir-plus
En portefeuille depuis
2012

Nutrizaza

Sector of activity: Agro-Industry
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Mieja Vola Rakotonarivo
Employees: 98
Country: Madagascar
A propos:

Nutrizaza is a social business fighting against children malnutrition. The company has developed a network of baby restaurants (hotelin’jazakely) alongside with the commercial selling of “Koba Aina”, a range of enhanced baby food. The company seeks for the largest distribution of a good quality aliment for infants, and especially among the poorest while sticking to an enterprise-based approach as a financially sustainable business. Nutrizaza has also undertaken a campaign against malnutrition through information campaigns and a watch over the babies’ weight.

 

"Koba Aina" is a baby flour complementary with breast-feeding. It is produced and packed with local raw material based on a nutritional formula elaborated by Taf, a Malagasy agribusiness partner. The production is controlled and in compliance with international standards. It is distributed in individual packs or ready-made by Nutrizaza field animators during neighborhood tours. As to now, it gives the best quality/price ratio on the market.

 

Presentation of Nutri'Zaza - 2015

 

THE ENTREPRENEUR

Mieja Vola RAKOTONARIVO est responsable du projet Nutri’zaza depuis Octobre 2004. Ingénieur en industries agroalimentaires et diplômée d’un Master en technologies agroalimentaires elle  est responsable du projet de création de  Nutri’zaza pour le compte du GRET. Elle gère l’équipe de Nutri’zaza et met en œuvre avec l’équipe les activités prévues pour atteindre les objectifs définis. Elle s’occupe plus particulièrement des relations entre Nutri’zaza et les institutions extérieures.

 

PARTNERSHIP WITH I&P

I&P committed alongside with Nutrizaza

• As a strategic and financial partner, chairing at the board

• Undertaking technical assistance missions, with a view to empower the leading team

 

KEY IMPACTS

• About 100 jobs created, including 70% women 

• 34 Hotelin-Jazakely ("restaurants for babies") and more than 9 million units of KobaAina distributed in 2015 

• Intervention area : 33 municipalities and 112 fokontany (villages, neighbourhoods, etc) 

• 116 local suppliers

• Information campaigns towards young mothers

• Sanitary issues : Decrease of child mortality and improvement in the anthropometric criteria of young Malagasy children (weight and size)

• In the medium-run, increase of education enrolment rate due tie the decrease of illness risks

 

 

In portfolio since: 2012

Acep Madagascar

Sector of activity: Micro-finance
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Mboahangy Mahefa Edouard RANDRIAMIARISOA
Employees: 370
Country: Madagascar
A propos:

ACEP Madagascar is a financial institution for micro companies financing and SMEs. ACEP Madagascar was created in 2009 and positions as a major actor in microfinance industry in Madagascar. Its aim is to bring financial services (credit, saving, insurance) to populations traditionally excluded from the financial circuit because of their non-solvability.

ACEP Madagascar is one of Madagascar’s oldest MFIs. Thanks to its network of 6 regional branches and 42 agencies, it makes its financial products available to a wide range of customers.

 

PARTNERSHIP WITH I&P

I&P is committed alongside ACEP Madagascar to:

• The standardization of management tools in the domain of computing, new technologies, and use of plastic money. 

• To think about environmental responsibility and social performance.

 

IMPACTS

• More than 350 jobs created

• Incomes have known a growth of +24% from 2010 to 2011

• Since its creation in 2009, ACEP has allowed credits to more than 19500 urban and suburb entrepreneurs 

 

In portfolio since: 2012
en-savoir-plus
En portefeuille depuis
2012

PhileoL

Sector of activity: Agriculture
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Stéphane Philizot, Njaka Ravelomanantsoa and Narisoa Razakasolo
Employees: 18
Country: Madagascar
A propos:

PhileoL is a Malagasy company established in the south of the island where it breeds and transforms ricin seeds into oil. After transformation the oil is exported abroad to be used in cosmetic and industry. Phileol brings at stake a strong social and environmental impact while collaborating with more than 700 families to collect and grow the seeds, ensuring them strong revenue and steady employment while the region remains one of the poorest of the island.

With regards to this social project, Phileol has elaborated and signed a Social Code while collaborating with many institutional actors and NGOs like the WWF, the UNPD or else EFA, a local initiative to enhance social improvement in rural areas. Besides, Phileol is also committed in valuating southern rural lands with various projects consisting in clearing and cultivating them.

 

THE ENTREPRENEURS

Stéphane Philizot is a chemical engineer; he left the international firm in which he was in charge for 15 years of innovation and raw material treatment, persuaded that the enterprise model would work as a development tool, to settle in Madagascar.

Nary Razakasolo combines experience in both oil-making agriculture and audit. He created MAD’OIL, a company that produced and sell essential oils before he co-founded PhileoL where he manages logistics, financial and commercial tasks.

Njaka Ravelomanantsoa is an agronomist who worked for 17 years for private companies, NGO’s and research offices within the rural world. He is now Technical Manager at PhileoL where he supervises the collect and the transformation.

 

PARTNERSHIP WITH I&P

 

I&P committed alongside PhileoL

• To finance the purchase of a press

• To undertake missions of technical assistance

• To help building the financial, administrative and accountant structure

 

KEY IMPACTS

• More than 700 families earn their living on PhileoL seed collect

• 225 000 000 Ariary (65 950 euros) paid to the smallholders to buy the seeds (without any intermediary)

• 26 supervisors trained and operational while 20 farmers have been trained and equipped for seed production

• 272 farmers accompanied to gather and structure their activity

• 38,2 Ha of land cleared including 13,9 ha seeded

• 3500Ha of non-arable lands valued thanks to the seed collecting activity

 

 

 

In portfolio since: 2008

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