Paul
Umuahia, Nigeria
100% repaid
Name
Paul
Member since
May 2021
On-time repayments
48 installments • 46%
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 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.
The fund will be used to buy minor farm tools.Deposit for harmer mill,pay for weeding labour charges.pay for rent of land where I am farming cassava,5 hectares.Would processing gari for sales to enable me pay for the loan.pay for renting factory, sells expenses and incidental charges.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$72.00
Date disbursed
Aug 4, 2021
Repayment status
On Time
Projected term
6 weeks
Other loans
Amount returned to the platform for this project
$72.63
Pay It Forward Projects funded by Paul
$897 (23 Projects)
Projects funded by Paul's Pay It Forward recipients
$8,786 (347 Projects)
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