Cassava farming and cassava processing

Paul Ede Ugwu

Umuahia, Nigeria

100% repaid

Entrepreneur

Name

Paul Ede Ugwu

Location

Umuahia, Nigeria

On-time repayments

13 weekly installments  •  77%

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

The funds will used to deposit for part payment of flash dryer,labour wages and local government levy.l will process old cassava tubbers to sell and be able to pay for the loan.
Lease of 5 hectares of land.Incidental expenses.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$76.08

Date disbursed

Sep 15, 2021

Cost to entrepreneur

Service fee: 5% of $76.08 = $3.80

Backers

Anya

Redmond, Washington, United States

Ask Paul a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...