CUCUMBER FARM PROPOSAL
Agribusiness Project: CUCUMBER FARMING
Type: GHOST FARMING
Duration: 12 WEEKS per cycle
Land Preparation: 2 WEEKS per cycle
Maturity span: 14 weeks
Document Processing: 1 week
Farm contract Period: Twelve (12) months ( Renewable)
Location: Lufuwape Town, Obafemi Owode LGA, Ogun state, Nigeria.
You can agree with me that there’s a vast pool of opportunities in the Agriculture Industry begging to be explored. One amongst these abundant opportunities is Cucumber farming .
So many people have said a lot about the Nutritional benefits of Cucumber and the internet can feed you with with numerous medicinal qualities of this veggie and how investors are amassing wealth through cucumber farming.
In this Proposal, I’m only concerned with the investment details for cucumber farming because in this lockdown, it is presumed that investments on the basic food needs will see the day light, and the few persons who’ll take the pains to invest will reap a lot. You don’t need to waste time to jump into this opportunity. If you want to read more on cucumber farming, here’s my article >>
But first, let’s look at the Investment expenses, financial projection and Return on Investment (RoI).
INTRODUCTION EXPENDITURE (Cost Centres)
|2||Land preparation (Bush clearing/Brushing)||10,000|
|3||Ploughing and Ridges||12,000|
|4||Hybrid Cucumber seeds (F1 variety) 2 Tins @ N14,000 each||28,000|
|5||Manure Animal Dung||6,000|
|6||Major Manure supplements||10,000|
|8||Pesticides (2 litres @ N2,000 per litre)||4,000|
|9||Ropes and Twines for staking||6,000|
|10||Bamboos for trellis (150 Pieces)||9,000|
|11||Sacs for bagging ( 60pcs @100 each)||8,000|
|13||Farm care, labour (3months)||45,000|
|Sub total of Investment capital||160,000|
|Crop Insurance (6% of Investment captial)||9,600|
Total Investment Capital: N170,000
Investment Capital with Insurance: N180,200
FINANCIAL PROJECTION (REVENUE)
The financial projection entails the income per cycle which has been projected out of experience with average case scenarios. This means that the financial projection in this Proposal is an average estimate made based on previous farming experiences considering the possibility of accessing farm inputs and feasibility of selling the farm produce . The income could be higher depending on the season. The higher the investment Capital, the higher the ROI.
Please note that COVID-19 global pandemic affected prices of farm inputs and services and hence will be implemented as prices adjust.
Your investment fund still remains till the month you pull out of the project, it’ll be paid into your account alongside your profit for same cycle.
- Any quarter you intend to withdraw from the project, your revenue will still be 20% of the investment capital aside insurance which is nonrefundable.
- The corresponding cost for irrigation increases during dry season but remains the same during rainy season.
- You can pair with someone to invest half , double or tripple the total investment amount or more.
- At least 28days notice is expected from a client in event of withdrawal from the Investment plan.
FARM RISKS AND INSURANCE
We however, ensure all farms under our care are insured with Agricultural insurance companies in Nigeria should there be damages or losses due to locust, drought or any other inevitable factor. It is a compulsory bill placed at 6% of the total investment capital payable at the beginning of the project.
I do hope hope you’ll jump on this opportunity as fast as possible and start generating a passive income.
This proposal and mutual agreement which would be sent upon Investment approval is based on Integrity, fidelity and sincerity and is subject to continuous upgrade as circumstances dictate.
Check out our Friendly Terms and Agreement!
For more information about the cucumber investment click here.