The project is about starting-up an enterprise to produce cassava flour, cassava starch chips and grains for agro-based industries like pharmaceutical companies, textile manufacturers, breweries, confectioneries, animal feed millers, oil millers and many more others.
Our financial plan is to raise a total sum of 5 million dollars in a mix of equity or loan over a defined period of time.
Our products and services vary with the time and the stage of development of the farming enterprise. The approach is to create a fully integrated farming enterprise starting with the simpler and less capital-intensive aspect of the business which includes cultivation and sales of primary crops for industrial use before proceeding to animal husbandary, agro-forestry, agro-processing and agro-tourism.
In more specific terms, the first phase of the business consists of the cultivation of maize (zea mays), sorghum (sorghum bicolor), groundnut (arachis hypogea), soya bean (glycine max) and cowpea (vigna unguiculata) for sales to industrial users and consumers.
The enterprise will use 614 hectares of land.
The payback period is 5 years.
Projected ROI is 53%.
The business idea is a good one because there are ready buyers for the products in the local market as well as great export opportuinities.
The investor has the chance to become a part of a business controlling almost 45 per cent of the total market share, and offering huge retun on investment and a very robust exit strategy.
This business would sell in today's market because the country is producing less than required and there is also a projection for a decline in the food supplies in the coming years.
We are at the start-up stage of business development and we need about 5 million dollars funding.