Friday, May 11, 2007

A worm store


It's not everyday one can take inspiration from the movie Dumb and Dumber, but Llyod's “I've Got Worms” store could be a wonderfully simple and low-cost microfranchise in rural areas in the developing world. Vermicompost, an excellent organic fertilizer, uses earthworms to convert organic waste such as kitchen waste, animal waste, and agricultural residues into compost. A vermicomposting franchise would train franchisees to properly 'feed' the worms and how to construct proper holding containers. Franchisees could then sell worms and holding containers to their neighbors. It would not be an all-consuming business but it could be an additional revenue stream, much like Honey Care Africa beehives can be an additional revenue for farmers in Kenya. I also think it is a microfranchise that could be particularly suited for rural women.

Source: Where the are No Jobs Vol. 4

No comments: