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Look for Investor for Cassava Cultivation & Processing Project

Proposal Number : 1166351       Find investors
Date Date of Registration : Oct 25, 2019
Date of Revision : Apr 30, 2021
Country / AreaAshanti Akyem Central, Ghana 
Proposal Category 0005 Cereals and flour
0103 Processed vegetables, fruit and nuts (dried, canned, etc. including seasonings
0404 Fertilizers, pesticides
Target Country / Area All Countries / Areas

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Detail Description

Look for Investor for Cassava Cultivation & Processing Project

We are an association with a vision to safeguard the future of the youth by engaging them in gainful employment opportunities. Our future plans include launching a world class multi-purpose factory which will cultivate cassava and process it into cassava flour for the manufacture of cookies (biscuit), gari and ''neat fufu'' while cassava peelings would be processed into animal feed or fertilizer.

*Investee Responsibilities/Role
To arrange for factory and farm sites and also create the enabling environment for the business.
To ensure regular supply of raw materials through expanding cassava farms
Some managerial, operational and marketing roles

*Investor Responsibilities/Role
Financing entire project
Managerial functions
Establishing links for exportation of products to foreign markets

*Rough Breakdown of the Investment
We are seeking GHS 551000 (USD 100200) as investment in factory site and building, agricultural, processing, packaging and other industrial machines, vehicle(s) for transportation and distribution, establishing and expansion of cassava farm, etc.

*ROI Plan
It is projected that the business will be able to make GHS 360,000 (USD 65500) cash inflows in the first year of operation which will increase by 20% year after year. Operating expenses are anticipated to halve that of the first year. However, it is projected that the business will make loss in the first 2 years and start making profit in the 3rd year.
While cash outflows decline over the 3 years, cash inflows are expected to increase. The business will therefore breakeven and set into profit in the third year and increase thereafter.

Investment Amount US$ 101,000
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