ENGIVE – (“the Company”) is a Section 42 company formed by Engro Foundation (EF) and granted license by the Securities and Exchange Commission of Pakistan on April 04, 2019. The company commenced its operations on June, 21, 2019.
The principle objectives of the Company are to create improved social conditions for the poor and take all such actions necessary in furtherance of its goal to alleviate poverty, enhance income, create
economic opportunities and create positive environmental impact in the country. The Company will form or establish any form of social business/enterprise to achieve these objectives and/or support any social business/enterprise with similar objectives by way of startup seed money or any other manner.
ENGIVE’s first venture is FeeSol, a social enterprise that manufactures and distributes animal fodder to the small,
medium and commercial dairy farmers. The main products of FeedSol include maize silage and concentrates. Maize silage has two SKUs: 60 kg and 1 ton bale. The 60 kg bale size will primarily cater to the demand generated by small and medium farmers and help these farmers increase their yields and break out of the poverty cycle.
The silage business has a proven economic impact and will help farmers increase milk yields and household income.FeedSol in its initial plans, aims to fulfill nutritional needs of around 160,000 animals per year growing annually at a rate of 10%; this includes 40% livestock owned by small farmers and 60% owned by medium farmers, thus helping ENGIVE’s mission of alleviating poverty. You can find more about FeedSol at www.feedsol.com