Magofarm's Junior Investors (JI) Program
Thank you for your interest in becoming a Magofarm JI. If its the first time you are hearing about us, we are a waste to nutrient insect-tech startup that transforms food waste and post harvest losses into organic fertilizer and protein ingredients for animal feed formulation. We also have some ongoing pilot projects in poultry farming and mobile software. For more information about us, please visit magofarm.co.rw

Founded by a group of young entrepreneurs from the African Leadership University (ALU) in their super early twenties, Magofarm has evolved to become one of the leading youth-led insect-tech startups in Rwanda that's driving ambitiously towards a sustainable food-waste free world. In the past 2 years, we have created employment for 8 people, raised $50k in funding and built a revenue generating model from scratch. All this while still in university. From this experience, we have developed an appetite to work with fellow young people either as employees, interns, contractors or in this case - investors.

Building up on the philosophy of our young founders, The Magofarm JI Program has been designed to provide a real world entrepreneurial experience for young Africans between the age of 16-28 who prefer to invest in existing startups other than start their own. Between 5 to 10 junior investors will be selected to join the program this year. This cohort will be required to put 'their skin' in the game by contributing between RWF 150K - RWF 500K to Magofarm's non-founder capital pool. Throughout a period of 10 months, the junior investors will participate in a series of bi-monthly investor meetings to receive updates on their investments, discuss internal business challenges, review strategies and vote on decisions.

Our objective is to provide an experience similar to that of our senior investors. At the end of the program in December 2022, each junior investor will receive a dividend proportionate to their ticket size. Upon program culmination, Magofarm will determine which JI's to work with in the long term with respect to our internal investment policy and mutual agreements.

For any further inquiries about the program, feel free to send us an email to admin@magofarm.co.rw or a simple whatsapp text through +250 789 902 748. We typically reply within a few hours. We would never ask you to process any transaction until you have passed through an interview with a member of our team, JI paperwork completed and you have been accepted into the program. Please beware of scammers.
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Name *
First and last name
Email *
This will be used for all communications, so make sure its accessible.
Phone number *
Dont forget to include country code. A Whatsapp enabled number is preferred.
Gender *
While women are encouraged to apply, we do not have any gender preferences for this program. Selection is solely merit based.
Institution you belong to *
This has no effect in our final decision. Its purely demographic.
Nationality *
Please note that this program is currently open only to African nationals. Africans in the diaspora can also apply provided that they can provide proof of their African origin.
Do you Confirm that you are between 16-29 years of age? *
This program is only open to people aged between 16-29.
Ticket Size in RWF *
At this time, we can only accept ticket sizes between RWF 150,000 and RWF 500,000. Anything above or below that is great, but does not fit the requirements of this program. For larger ticket sizes, please contact admin@magofarm.co.rw
Very few people have an appetite for startups because its very risky. What makes you interested in Magofarm's JI program? *
Check all that apply.
Required
Final Warning. Its risky and there is some slight chance you could make a loss, are you sure about your decision to join the program? *
Tell us about how you are feeling right now. What are your instincts telling you? If you are still hesitant, we shall schedule a preliminary call to chat further about it before an interview is scheduled.
Please share with us your LinkedIn Profile, or any other social media you use often. Type N/A if you dont use social media. *
We would like to know a bit more about your from your social interactions. A member of our team will use this information to assess your digital footprint.
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