Cassava processing factory and cassava farming

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.

Loan Proposal

This project will go a long to help,in figthing hunger and employment.I will deposit for harmer mill.Pay for labour for weeding and clearing of my 5 hectares of cassava farm.Also,I will process some quantity of cassava tubbers into gari and fufu,to enable me pay for the loan.Thanks for your concern.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$71.99

Date disbursed

Aug 2, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: 5% of $71.99 = $3.60

Lenders

H

hilde

seattle, United States

Anya

Redmond, Washington, United States

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