Photo - chinex farms
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chinex farms

chinex farms

Nigeria
Market: Food industry, Production, Farming
Stage of the project: Idea or something is already done

Date of last change: 18.10.2017
Min investment
$  1.000
0
Total required
$ 10.000
Rating
equalizer 97 из 1000
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Idea

We produce agricultural products from production stage to packaging. Crops planted by us include cassava, maize and tomatoes.

Current Status

It is still in the idea stage but all arrangements has been made all that's remaining is for me to get funds and start planting.

Market

The market is a very big one we are targeting the Nigerian market in general as we would be processing our cassava to garri and packaging in 50kg, 25kg, and 10kg bags respectively.

Problem or Opportunity

Agriculture is a very big business all over the world with very little competition and a very robust market especially here in Nigeria. anybody willing to invest should contact me an invest of $10000 will cost 30% of the chinex farms though it can still be negociated to a higher percentage

Solution (product or service)

This business is going to be formal

Competitors

There are not really much of competitions because there are no large brands around here many people buy from the local market and that is what we are going to have above them because we will be planting a specie with vitamin a and that is not planted by majority of the local farmers.

Advantages or differentiators

You will not be involved in the process just invest and get your interst at the end of every business year

Money will be spent on

the money will be spent on planting,harvesting and processing

Offer for investor

anybody willing to invest should contact me an invest of $10000 will cost 40%and that's 4% for an invest of $1000 of the chinex farms though it can still be negotiated to a higher percentage if only one investor is investing the $10000.

Risks

There is minimal risk as cassava is a staple food and can survive in diverse environment.

Incubation/Acceleration programs accomplishment

The feasibility stage has been accomplished
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
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