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    CSV Pitch Deck

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    Wpinstan
    This document summarizes the business of Ciwidey Social Venture, which processes earthworms into products like worm powder. It began in 2015 by selling live worms, then scaled up processing in 2016. The business installs earthworm farms to provide income for local farmers while reducing organic waste. It produces sustainable protein sources like worm powder for the $16 billion global aquafeed market. The business aims to become the market leader in southeast Asia within 2-3 years. It seeks $15,000 in funding to expand equipment, product development, and working capital. Financial projections estimate a net present value of $359,970,000 by 2019.

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    CSV Pitch Deck

    Uploaded by

    Wpinstan
    92 views20 pages
    This document summarizes the business of Ciwidey Social Venture, which processes earthworms into products like worm powder. It began in 2015 by selling live worms, then scaled up processing in 2016. The business installs earthworm farms to provide income for local farmers while reducing organic waste. It produces sustainable protein sources like worm powder for the $16 billion global aquafeed market. The business aims to become the market leader in southeast Asia within 2-3 years. It seeks $15,000 in funding to expand equipment, product development, and working capital. Financial projections estimate a net present value of $359,970,000 by 2019.

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    Pitch deck cacing.id

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    This document summarizes the business of Ciwidey Social Venture, which processes earthworms into products like worm powder. It began in 2015 by selling live worms, then scaled up processing in 2016. The business installs earthworm farms to provide income for local farmers while reducing organic waste. It produces sustainable protein sources like worm powder for the $16 billion global aquafeed market. The business aims to become the market leader in southeast Asia within 2-3 years. It seeks $15,000 in funding to expand equipment, product development, and working capital. Financial projections estimate a net present value of $359,970,000 by 2019.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    92 views20 pages

    CSV Pitch Deck

    Uploaded by

    Wpinstan
    This document summarizes the business of Ciwidey Social Venture, which processes earthworms into products like worm powder. It began in 2015 by selling live worms, then scaled up processing in 2016. The business installs earthworm farms to provide income for local farmers while reducing organic waste. It produces sustainable protein sources like worm powder for the $16 billion global aquafeed market. The business aims to become the market leader in southeast Asia within 2-3 years. It seeks $15,000 in funding to expand equipment, product development, and working capital. Financial projections estimate a net present value of $359,970,000 by 2019.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 20

    RAISING EARTHWORM

    A side job of many Indonesian farmers that


    has been carried on for years.

    Provide instant money

    Inclusive business

    No harvesting period

    The Problems
    Many earthworm growers cannot sell their worms due to the
    limited market of live worms

    Medicines and
    other uses

    The existing
    market since 1990

    Animal Feed
    Market
    Fishing
    Bait

    The new potential market


    that previously unreachable
    by worm growers

    Our Journey
    Aug 2016
    More than 10 farmers ask to join as our worm
    growers. We started downstream processing

    Dec 2016
    Its time to scale up

    Dec
    2015

    Mar 2016
    100kg of live worms we
    sold each month
    Made a MoU with local people
    and built an earthworm farm in
    Ciwidey

    Sep 2016
    Our worm powder is sold
    as an hatchery feed

    Business Model
    Process the
    earthworm

    Install the
    earthworm farm

    Recruit the local


    farmers to become
    worm growers

    Buy their
    earthworm

    Provide additional income for local farmers


    Reduce organic waste

    Produce the sustainable protein sources

    Market Opportunity

    46M+ Tons
    Global
    Aquafeed
    Market

    USD 16B

    Global Feed
    Additives

    USD 4B
    Industrial
    Enzyme
    Market

    Market Sizing

    Total Available Market

    420k
    Tons
    46M Tons

    Global aquafeed market size

    Served Available Market

    Total aquaculture additives


    market in Asia

    2.1
    Tons

    Serviceable and Obtainable


    Market
    Approximate market share for
    our feed additives product

    Competitor and Positioning


    Raw materials
    locally available

    Ciwidey Social Venture

    Bulk Commodity
    Manufacturer

    Fine Chemical
    Manufacturer

    Raw materials
    depends on the
    market

    Our Team

    Muhamad Zaid
    Founder (CEO)
    Bachelor of Biological Engineering (ITB)
    Research Intern PT BGA Group (2014)
    Possess a research and engineering
    background in biological systems including
    mass balances, bioprocess design, and
    bio-based products development.

    Angga
    Head of Worm Farmers
    Earthworm growers since 1996. Indigenous
    earthworm farmers in Ciwidey.
    One of the core worm farmers in
    Pangalengan with a total production capacity
    more than 2 tons per month (2010).

    Traction

    (from March 2016)

    USD 2.2k Revenue


    1400+ Kilograms of Earthworm Sold
    6+ Tons of Organic Waste Processed
    15+ Earthworm Growers
    4 Worm Distributors
    3 Fish Farm Customers

    Funding Needs and Allocation


    $15,000 USD
    In equity investment

    Own 20% of the shares

    2 years

    40%

    30%

    15%

    15%

    Equipment Cost

    Product Development

    Team and Co-founder


    Recruitment

    Working Capital

    Project Milestones

    December 2018

    July 2018
    March 2018
    October 2017

    May 2017
    January 2017

    Make a preliminary design of enzyme production system using earthworm as the


    raw materials.
    Become the market leader for worm-based product throughout southeast Asia.

    Expand our market to several Asia country such as Malaysia, South Korea, Taiwan
    and Philippines.
    Develop other earthworm farm in several agricultural areas in order to empower
    more farmers and expand our raw materials supplies especially in Lembang and
    Bogor.
    Release the final product of hatchery feed for 3 different categories, for fish,
    shrimp, and eel based on its protein content and the adhesive used.
    Establish a small-scale feed mil industry with target production capacity
    200kg/month of worm powder. Provide the additional income for more than 40
    worm growers in Ciwidey.

    Financial Projection
    Year

    2018
    2

    2019
    3

    Capital (Depreciable)
    Capital (Working)

    2017
    1
    60.000.000,0
    90.000.000,0

    Production Capacity
    Worm Powder (kg)
    Organic Fertilizer (kg)

    500,0
    24.000,0

    1.500,0
    36.000,0

    2.100,0
    48.000,0

    128.400.000,0
    10.000.000,0
    138.400.000,0

    205.200.000,0
    15.000.000,0
    220.200.000,0

    303.000.000,0
    25.000.000,0
    328.000.000,0

    185.000.000,0
    125.000.000,0
    60.000.000,0

    465.000.000,0
    375.000.000,0
    90.000.000,0

    645.000.000,0
    525.000.000,0
    120.000.000,0

    244.800.000,0
    36.720.000,0
    208.080.000,0

    317.000.000,0
    36.720.000,0
    280.280.000,0

    Variable cost
    Fixed cost
    Total cost
    Total Income
    Worm Powder (Rp/kg)
    Organic Fertilizer (Rp/kg)

    250.000,00
    2.500,00

    Gross Profit
    Income tax (%)
    Net income

    0,15

    46.600.000,0
    6.990.000,0
    39.610.000,0

    Depreciation (%)

    0,10

    6.000.000,0

    6.000.000,0

    6.000.000,0

    0,00

    33.610.000,0
    -116.390.000,0

    202.080.000,0
    85.690.000,0

    274.280.000,0
    359.970.000,0

    Discounted cash flow (IDR)


    Net Present Value (IDR)

    *In IDR unit

    Outcomes

    Business Benefit
    o Potential to be a market leader as a
    worm powder supplier in 2-3 years
    o Became a pioneer in sustainable
    business model
    o Having a more efficient supply chain
    as a feed mill company

    Social and Environmental


    Benefit
    o Accommodating for at least 40 earthworm
    growers to buy their harvest
    o Provide additional monthly income up to
    IDR 3M for smallholder farmers in rural
    areas
    o Resolve the problem of waste management
    especially at dairy farm areas

    Ciwidey Social Venture


    (Cacing-ID)
    Earthworm supplier and worm powder
    producer.

    (+62) 812 2000 1202


    [email protected]
    www.cacing-id.com
    Facebook.com/cacing.indonesia
    Instagram.com/cacing.id

    Our Products & Service


    Earthworm Farm
    Installation

    Lumbricus Powder
    Feed additive that can improve the
    immune system in some fish, shrimp and
    eel. Currently used in fish & eel hatchery.

    (Service)

    Protein content 59% (IPB Lab, 2016)

    Earthworm Castings
    Earthworm by product that can
    be sold as the organic fertilizer.

    Live Worms
    Several species available: Lumbricus
    rubellus, Eisenia fetida, and Eudrilus
    eugeniae. Mostly used in fishing pond,
    fish farm and bird farm.

    Our Earthworm Farm

    Harvesting Method

    Downstream processing

    Shipping and Delivery

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