Cassava farming and cassava processing
Paul
Umuahia, Nigeria
180% paid forward
Entrepreneur
Name
Paul
Member since
May 2021
On-time repayments
48 installments • 46%
About Me
I am Ugwu Paul.E. from Enugu State.I have interest in farming cassava and processing of cassava. Because with cassava we can get flour, ethanol,gari,starch and animal feed. I also teach rural farmers modern agricultural practices as it relates to cassava farming and processing. My wish is to have a cassava processing factory, where I will employ people and train young people in South East of Nigeria.
My Business
My business is cassava farming and cassava processing factory. From one hectare of I can earn #150,000.00 net profit after processing monthly.If I expand I will earn more.thanks.
Project Proposal
I will use the funds, to continue to expand my Cassava farm from one hectare to five hectares. Deposit 50% of funds for Cassava processing equipment. Pay for factory rent, pay for labour, and process fufu,gari and Cassava pellets for sale,to enable me to repay the loan.thanks and be good always.
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Project Info
Project Type
Pay It Forward
Disbursed amount
$174.00
Date disbursed
Nov 15, 2021
Other projects
Backers
Italy
United States
Payments Forward
Amount returned to the platform for this project
$78.51
Pay It Forward Projects funded by Paul
$654 (14 Projects)
Projects funded by Paul's Pay It Forward recipients
$7,200 (294 Projects)
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