In Agribusiness:
Mr. Mahmud Johnson, Liberia: Mr. Johnson will use his 40 Chances award to establish Kernels for Peace (K4P), Liberia's first fair trade palm kernel oil processing factory, which will help bridge the gap between Liberia's wasted palm kernels (estimated at a value of $4 million) and the market demand for palm kernel oil. By purchasing palm kernels from smallholder oil palm producers, K4P will help increase their incomes by an average of 25-35%. Additionally, K4P will create an estimated 85 additional permanent, full-time jobs for rural women and youth, and will invest 50% of its profits into the community after the first two years of operation. "Solving problems is what drives me as a social entrepreneur. I am concerned primarily with creating opportunities for my fellow Liberians - especially the youth - that will allow them to live in dignity and economic freedom," Mr. Johnson wrote in his application.
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