Executive Summary

We are Oxyle Ventures, a clean-tech manufacturing company registered in Kenya to manufacture re-usable and recyclable polypropylene woven bags from wastes, construction nets, anti-weed mats, shade nets and mulch covers for smart agriculture from wastes and recycling of polypropylene and plastics waste products to obtain raw materials and conserve our environment. We are requesting a funding; venture capital or debt fund of USD 250,000. That is for acquisition and installation of manufacturing and recycling machines and working capital. Peter Boro is a co-founder of Oxyle Ventures and Crest Trackers Ltd. He is an experienced entrepreneur with vast experience in company management. He previously served as manager of Safety Smart (PTY) Limited and a packaging company Tex-plast Industries Ltd. He holds a degree in Business Management and a Diploma in Information Technology. Joseph Njoroge is a co-founder of Oxyle Ventures and Seph Investments. He previously worked as a procurement manager at Hunker gas and Dunne Packaging Ltd. He holds a Degree in procurement from Kenya Methodist University. The business plans to set up a manufacturing and recycling plant that has the capacity of 10,000 to 12,000 pieces of polypropylene woven bags in a day, 5,000 meters of anti-weed mats and mulch covers per day, 3,000 meters of construction nets, 3,000 meters of shade nets and to recycle 6,000 kilograms of plastic and polypropylene wastes per day. This will help in meeting polypropylene products demand on a daily, weekly and monthly frequency. The company is already registered and the necessary permits have been acquired. The location is available for rental go-down. The manufacturing and recycling machine manufacturer have been identified, Zhejiang Sanlong Universal Machinery Co. Ltd, China or Shree Krishna Industries, India. We have a customer wait list and once we acquire the manufacturing and recycling machines, revenue will be built. Polypropylene woven bags will be used and sold to package shopped goods, harvested produce, manufactured and processed goods for agricultural, construction, retail and industrial sectors. Anti-weed mats, shade nets and mulch covers will be used and sold to boost food production in the farms by preventing weeds from growing, reduce sunlight intensity and shield plants from severe weather conditions. Construction nets will be used in construction sites and sold to building contractors. Waste management through recycling of plastics and polypropylene wastes into polypropylene raw materials will help in reducing cost of production and conserve our environment. Our business model is B2B2C due to its quick turnaround and also bulk quantity orders with set minimum quantity to order.