On an otherwise reasonable evening in July, more than 1,000 people packed an auditorium in Boulder, Colorado, for the culmination of the 2014 Unreasonable Institute. They came to see 11 ventures present their solutions to some of the world’s greatest challenges.
Watch here as Kelvin Ogholi, co-founder and COO of UNFIRE, explains how his company has reduced feed costs for Nigerian chicken farmers by more than half. UNFIRE collects mango seeds from local fruit-juice companies—for free, since the seeds would otherwise be discarded—and processes them into chicken feed. A 25kg bag of UNFIRE feed costs just $8.00, versus $17.00 for a bag of common corn-based feed.
With feed prices accounting for up to 70 percent of Nigerian chicken farmers’ overhead, a simple move to UNFIRE feed can mean a 35 percent reduction in overall costs.