Service fees need to include government taxies Owner/Operator Motivation to improve margins Time required to save for cash Entrepreneurs purchase Taps into existing networks Uptake likely to be slow No finance innovation required Risk aversion by small No finance costs operators may slow adoption Access to informal networks to reduce Accepted within community Ultimately, owners and operators will be self-selecting and therefore all of the should be targeted/informed when promoting the dryer during the pilot phase. Financing Models Option Strengths Weaknesses Owner operator financed No party funding Need time to save even for one No interest payments Limited family funds No debt (avoided by many small entrepreneurs) Slows down adoption Established model of financing purchases A limited number may get differed payment from fabricator Small business finance Established businesses may 3 model likely to the be have access to capital the minimum Integrates well with other Requires considerable cash farmer services resources Risk aversion for new asset/business model Poor ability to produce a business plan acceptable to finance institutions
Service fees need to include government taxies Owner/Operator Entrepreneurs Motivation to improve margins Taps into existing networks No finance innovation required No finance costs Access to informal networks to reduce Accepted within community Time required to save for cash purchase Uptake likely to be slow Risk aversion by small operators may slow adoption Ultimately, owners and operators will be self-selecting and therefore all of the should be targeted/informed when promoting the dryer during the pilot phase. Financing Models Option Strengths Weaknesses Owner operator financed No party funding No interest payments No debt (avoided by many small entrepreneurs) Established model of financing purchases A limited number may get differed payment from fabricator Need time to save even for one Limited family funds Slows down adoption Small business finance Established businesses may have access to capital Integrates well with other farmer services 3 model likely to the be the minimum Requires considerable cash resources Risk aversion for new asset/business model Poor ability to produce a business plan acceptable to finance institutions