WORLDBAY Technologies Launches GROCEDY, An Aggrotech Product To Fight Hunger In Africa

By Mod2   1 month ago   284
Technology - Top Stories

WORLDBAY Technologies Launches GROCEDY, An Aggrotech Product To Fight Hunger In Africa.

 

Worldbay Technologies, a leading technology company in Nigeria, has set out to ameliorate the pains of poverty and economic hardship on Nigerians, by launching Grocedy, a crowd funding platform that helps low and middle class Nigerians purchase the food items they need in small quantities but at wholesale prices, through monthly subscription.

Speaking at a recent media chat to launch the product, Lanre Smith, CEO of Worldbay Technologies revealed that over 1200 Nigerians are already subscribed to the product, adding that the company hopes to drive up its customer base to about 30000 in the next 10 months when it would be celebrating its one year anniversary.

Explaining the motive for establishing the outfit, Mr. Smith said “For a lot of people food is not affordable. Prices of food are more than what many families can afford, so they end up buying in tiny quantities. The smaller the quantity you buy in, the more you will have to spend on the long run.

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“I sat down with my team and asked how do we make food affordable. We came up with the bold idea that people can crowdfund to purchase food. We’ll gather everybody’s money, buy in large quantities and distribute it to those that paid for. That will help to lower the overall cost,” Smith explained.

The product is already creating a lot of excitement across Lagos, as many low income Nigerians are thrilled that they can now buy their food items in bulk, at an affordable price, yet pay in instalments.

According to Smith, there are various baskets (subscription plan) offerings that customers can choose from depending on their financial capacities.

They are the bronze, silver, gold, diamond and platinum packages. The basket content varies depending on the subscription type. The monthly subscription ranges from N7500, N12000, N22000, N43000 and N65000 respectively.

One of the excited customers, Kazeem Aworo, a trader at Ikorodu market commended Grocedy for its initiative, adding that since he joined the program he no longer has to worry much about soaring food prices in Nigeria.

“I am able to afford food for myself and my family because Grocedy has made it affordable and they allow me to pay in small daily installment which is good for me,” he said.

Another subscriber, Owolabi Adenike, who trades on motor spare parts in Lagos, lamented how before now it was impossible for her to adequately provide for her family, but with Grocedy, such weight has been taken away.

According to her, Grocedy does not just offer flexible payment plan, it products are more affordable compared with current market price. “Because of this I have told them of my intention to change my subscription status from bronze to gold, so that I can get more items,” she said.

At the moment, Grocedy’s services is accessible offline, but the company has said that starting from early 2020 it will move online (www.grocedy.com) with the launch of its web, mobile and delivery agent applications, so that its services can be available pan Nigeria, and later on across Africa.

[NewsNaira]



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Frank Onuh
1 month ago

Agro is monwy


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Muna Chi
1 month ago

Africa and hunger


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Nura Umar
1 month ago

At the moment 


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Alaribe Emmanuel
1 month ago

Africa and I will be


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Oluwashina
1 month ago

World bay technologies


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Boma Jaja
1 month ago
Nice move from worldbay tech
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Worldbay good job on the best 😎


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Peter Frank
1 month ago

Very good 


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Umar
1 month ago

World technology day


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Mr Kenny
1 month ago

Good development ooooo


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Olatunji Ayomide
1 month ago

At the moment 


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Nwogu Vincent
1 month ago

You dey there 


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Oh nice of them


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It is a good idea as long as it targets and reaches the members of the public.


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Aminat
1 month ago

Dat's very nice


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Nwogu Vincent
1 month ago

Wow that is nice


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This is welcomes ideal for Africa and even the world at large


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That will also alleviate poverty in Africa 


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Uzor Chinwe E
1 month ago

Africa and hunger


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Yekini
1 month ago

Agriculture bring revenue


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