An Insight into Trado Global in 2020: National expansion, Sustainability and Partnership as the Theme for Q1, Q2, Q3 and Q4 in 2020
“Life is a shipwreck, but we must not forget to sing in the lifeboats.”
Steering through the Covid-19 pandemic, we’re just climbing into a lifeboat - the shores are still miles away.
Looking back at 2020 we can all recall uncertainty and unsettling waves: after all, it was the year we saw a surprise storm - capsize a boat and tossed its voyage into the sea. And with it came upending lives, layoffs, economic meltdowns, and a lot of other challenges like the climate change crisis, which continued to promote changeable and unfavorable weather events.
This is a story of how a futuristic agribusiness company with precognition and foresight navigated through the pandemic and experienced exceptional growth amidst digital transformation in the face of a disruptive year for the Global Market.
Even so, in the face of these challenges, particularly several opportunities were given and you would soon realize that sometimes you have to look back to move forward.
Throwback to 2020
In Q1, Q2 2020, expansion and sustainability to support Sustainable Development Goals (SDGs) was the theme for Trado Global Limited. But 2020 came with other plans. The national lockdown, and social distancing, disrupted our logistics and supply chains.
Nevertheless, we experienced enormous growth opportunities nationwide. This report shows insights into our challenges and key achievements in 2020.
In February we kicked off the year with fresh farm openings of Pepper, Okra, and pineapple in Osun State.
The launch of these farm plantations played a pivotal role in our growth, as we cultivated a total of 137 acres of land (25 acres) for pineapple, (50 acres) for okra and (62 acres) for pepper, and a production capacity of over 636 units, with a total cost of 54,025,000 for all three units and attracted 26 new investors.
Challenges and Successes
With March 2020, came the surprise storm - the Covid-19 pandemic that brought the world to an unexpected lockdown. And all businesses got their fair share of challenges. Owing to these unforeseen series of events caused by the storm, our lifeboat was a fusion of extreme strategies and measures to successfully mitigate the pandemic’s impact while we hoped to reach the shore,- which is the end of the pandemic.
On the 25th of June 2020, the farm cycle ended bountifully with a harvest of over 636 units and a payout of 12,775,000 naira to all Okra and Pepper investors.
Despite the pandemic, these farms produce provided us more opportunities and national visibility across the agribusiness ecosystem as we empowered farmers, contributed to the food security of the nation, and provided a means of alternative wealth creation for individuals.
In July 2020, we launched another set of farm plantations, namely cucumber, sweet pepper ad habanero pepper. The goal was to help curtail the effects of the pandemic on business owners, entrepreneurs and youths reach their investment goals. These plantations also attracted 100 new investors.
In Q3 and Q4, Automation and Expansion were our themes.
In order to further mitigate the impact of the pandemic, we implemented various measures to better adapt to the “new normal”.
One of which was Automation. We provided a fully digitalized platform that enables anyone anywhere to farm and earn from the comfort of their home. Also to help serve our increasing amount of investors better we transitioned from the Traditional payment strategies, as we automated all payment systems. These automated strategies brought about an increased user experience for all our end customers.
We also formed strength partnerships
In 2020, despite the pandemic, we proceeded with our expansion plans and rounded up the year by creating strong partnerships with several other states across the nation to boost our growth.
Kebbi State: Did you know that Kebbi state is one of the major producers of rice in Nigeria and hub for Agro-based commodities? Owing to this, aiming to build a profitable framework for farmers and investors., we partnered with farmers in the state to produce the chili pepper and Trado rice plantation project.
On November 1st, 2020 after payout for cucumber investors, we launched the chili pepper plantation which attracted over 11 active new investors alongside former investors.
Shortly after that, on the 1st of December 2020, we paid habanero and sweet pepper investors. On the 8th of December 2020, the rice farm plantation went live with a total addition of 15 new active investors alongside former investors.
The Trado Rice Plantation was aimed at promoting food security and meeting the expanding demand of an ever-growing populace while providing a means of alternative wealth creation for all.
The sub-focus of the Trado Rice Plantation project was to reduce the problems faced in rice production by increasing the prospects and yield per farm. The Trado rice grains are 100% premium, planted, harvested, processed, and 100% free of all impurities, and discolouration, with high-quality packaging and labeling to meet the right standards and serve in the food sector.
In partnership with the farmers and farmlands of kebbi state we expanded our reach in the Agriculture Value Chain and promoted cultural oneness through partnerships to achieve goals that are under SDG 17.
Our Social Impact
To support the SGDS, Trado Global limited, through agricultural development and wealth creation, has begun the Agri-food supply revolution by farming to ensure zero hunger and improving the standard of living for everyone.
In 2020, we did not only create impact funds but made an impact on society.
· Over 200 acres have been cultivated.
· Over 150,000 farm edibles produced.
· Practice sustainable agriculture by using agricultural inputs that are biodegradable, sustainable, renewable, and environmentally friendly.
· Empowered over 50+ farmers.
· Involved in major areas of the agricultural value chain.
· Timely settling of investors with 0% defaults
Trado Global is a financial agribusiness investment platform focused on agriculture and SDGs. Our mission is to invest in digital innovation and technologies to swiftly transform our agriculture and food supply chain while sponsoring low-income farmers, creating an alternative wealth creation, and ensuring access to modern-day financial services.
At the end, a look back at 2o2o, we proceeded with our expansion plans despite the pandemic. Trado Global has contributed to SDG 1, SDG2, and SDG17 by empowering farmers to promote sustainable agriculture, creating a means of wealth creation for individuals, and promoting partnerships to achieve these goals.
Notwithstanding, as we progress with this revolution and responsibility, we are not ignorant of the fact that for our endeavors and goals to be accomplished, they should be supplemented through the solid and authentic involvement of incumbent investors.
So, we welcome you to join our mission to create a better world in the economy with sustainable agriculture, improve food security for our fast-growing Nation, and be on our profitable investment framework.
Visit www.trado.ng to get started.