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.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$174.00

Date disbursed

Nov 15, 2021

Backers

Sekinat

Ikenne, Nigeria

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