ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Agribusiness

I started Yange Yoghurt with just N20,000 Naira – Efe Iya

Vivian Akinyosoye by Vivian Akinyosoye
April 18, 2020
in Agribusiness, Health, SMEs
0
I started Yange Yoghurt with just N20,000 Naira – Efe Iya

Yoghurts are popular more for the fact that they taste rich and creamy, but the reality is that their benefits go beyond just their taste. Not only is Yoghurt rich in calcium, it is also a powerhouse of protein. No wonder every grocery store has an array of Yoghurt varieties and flavors, as a bowl of Yoghurt is said to have 300 grams of calcium. 

The major ingredients in terms of cost for Yoghurt manufacturing are milk and sugar which are readily available in Nigeria. Observers say the gap between supply and demand for low-fat dairy foods such as yoghurt is widening in the country as a result of increase in population and urbanization. As such the country provides a huge market for potential investors in the agro allied cum food processing industries.

But there are Nigerians who are not waiting for investors to come for the kill while they stand by and watch. They have are  taking the bulls by the horns, positioning themselves in the Agribusiness sector as manufacturers of such dairy products. One of such persons is Efe Iya, the lady behind Yange Yoghurt.

Efe Iya, CEO Yagne Yoghurt

Efe Iya is a Psychology graduate who started her Yoghurt manufacturing business with less than $50 dollars in 2018. According to her, she chose Yoghurt for its health benefits.

Business 360 News met with her recently at the just concluded Lagos shopping festival where she participated as a vendor at the event. We bring you highlights of the interview below:

Business360: Tell us about yourself and what you want people to know about Yange Yoghurt?

Yange: My name is Efe Iya. I am married with two children. I studied psychology. I am a warm and friendly person and I love meeting people. Perhaps I would have been a politician if I had the opportunity.

Business360: You studied psychology and you end up as a Yoghurt manufacturer, how did your parents take this decision.

Yange: My parent supported me, although my mum is late but my father loves my Yoghurt, he can’t do without it. He encourages me a lot, when I told him I was venturing into this line of business, all he simply did was ask if this is what I really wanted. And then he said if I am okay with it I should continue, and my husband and kids too encouraged me.

Business360: How old is Yange Yoghurt

Yange: We are just a year and 7 Months old. And sincerely, I am amazed at how far we have come in such a short while.

Business360: How did you come up with your brand concept?

Yange: I have a friend in the U.K that deals with branding and packaging, he helped me in branding my product, help me to build my website and Instagram page.

Business360: What are the challenges you encountered in area of funding?

Yange: I started with Yange Yoghurt with the sum of 20,000naira, and so far so good, I haven’t borrowed money from any bank or individual.

In terms of challenges, not having a NAFDAC registration number was a big issue for me at the time we started. People were like ‘you don’t have NAFDAC N0., nobody will buy your Yoghurt. But I persevered. Despite this challenge, within the first 2 weeks of my production, I already had four major gyms I supply in Lagos.

The product is too good to be ignored. I didn’t really know how far it would take me, as I was only looking for means of survivor and how to cater for my 2 kids.

Business360: What advice do you have for young entrepreneur?

Yange: My advice for them is to keep their head up high and remain optimistic, they will surely achieve their goals thank you.

Previous Post

Agribusiness: Mechanical Engineer turned farmer shares experience in oil palm production.

Next Post

‘I learnt how to make bags during my NYSC year’. – Muna Muoneke

Vivian Akinyosoye

Vivian Akinyosoye

Next Post
‘I learnt how to make bags during my NYSC year’. – Muna Muoneke

'I learnt how to make bags during my NYSC year'. - Muna Muoneke

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

August 10, 2020
COVID-19: Maize Farmers cut down production by 30%

COVID-19: Maize Farmers cut down production by 30%

July 15, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
LCCI Boss urges CBN to reassess factors driving inflationary pressures in Nigeria’s economy

LCCI Boss urges CBN to reassess factors driving inflationary pressures in Nigeria’s economy

January 30, 2023
UN projects three per cent economic growth for Nigeria

UN projects three per cent economic growth for Nigeria

January 30, 2023
Foreign Currency: Inflows dropped to $1.83bn in 2020, Year of COVID – CBN

Naira Swap: Relief As Buhari Extends Deadline By 10 Days

January 30, 2023
Tanzania aims to become an online Business Hub in Africa through Investments in ICT

Tanzania aims to become an online Business Hub in Africa through Investments in ICT

January 30, 2023
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • AI
  • Art
  • Arts
  • Aviation
  • Blockchain
  • Business 360 Weekly
  • Business Travels
  • Capital Market
  • Corporate
  • Destination Business
  • Economy
  • Education
  • Electric Vehicles
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • Fashion
  • Fashion
  • Finance
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • News
  • NGOs
  • Political Economy
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tech
  • Tourism
  • Transportation
  • Uncategorized
  • World

Recent News

LCCI Boss urges CBN to reassess factors driving inflationary pressures in Nigeria’s economy

LCCI Boss urges CBN to reassess factors driving inflationary pressures in Nigeria’s economy

January 30, 2023
UN projects three per cent economic growth for Nigeria

UN projects three per cent economic growth for Nigeria

January 30, 2023
  • Africa
  • World
  • Our Shows

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!