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

To deposit part of the loan for harmer mill,buy weeding hoe,pay labourers for clearing my 5 hectares of land.Pay for rent and labour for processing gari.This will assist me in repaying the loan.l intend to clear more farm land to increase my cassava farm.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$76.08

Date disbursed

Aug 11, 2021

Repayment status

Late

Projected term

3 weeks

Cost to entrepreneur

Service fee: 5% of $76.08 = $3.80

Lenders

Ingela

Falun, Sweden

Dan Brinkman

Lynden, WA, United States

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...