BUSINESS PLAN FOR

PIGGERY
PREPARED BY;
NAME; ISAAC KARGWAK DASAK
ADDRESS; LOCATED AT TUDUN WADA RING ROAD, JOS , PLATEAU
STATE, NIGERIA
PHONE NUMBER: 08132652596
EMAIL:dasakisaac4@gmail.com
DATE: 20/1/2021

TABLE OF CONTENT
EXECUTIVE SUMMARY
CHAPTER 1: BUSINESS OVERVIEW
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objectives
1.4 Critical Success Factors
1.5 Current Status of the Business
1.6 Legal Requirement
1.7 Contribution to Local and National Economy
CHAPTER 2: MARKETING PLAN
2.1 Description of Product
2.2 Description of the Business Industry/Industry analysis
2.3 Opportunity/value proposition
2.4 Target Market
2.5 Promotional and Advertisement Strategies
2.6 Distribution Strategy
2.7 Competitive Analysis

CHAPTER 3: PRODUCTION/OPERATIONAL PLAN

3.1 Description of the Location
3.2 Raw materials /consumables needed
3.3 Production Equipment/ Capital Expenses
3.4 Production / Service Process and techniques
3.5 Production Costing
3.6 Proposed Pricing
3.7 Record /stock Control Process
3.8 Pre-Operating Activities and Expenses
3.9 Operating Activities and Expenses Table
3.10 Mile Stone

Chapter 4: ORGANIZATIONAL AND MANAGEMENT PLAN

4.1 Ownership of the Business
4.2 Profile of the Promoter
4.3 Key Management Team
4.4 Details of Employees/Working Conditions
4.5 Details of Salary Schedule

CHAPTER 5: FINANCIAL PLAN

5.1 Financial assumption
5.2 Startup Capital Estimation
5.3 Source of Funds
5.4 Security for Loan
5.5 Loan Details
5.6 Loan Repayment Schedule

CHAPTER 6: BUSINESS RISKS AND SWOT ANALYSIS

6.1 Business Risks and Mitigating Factors
6.2 Business SWOT Analysis
LIST OF TABLES
Legal requirements
Advertisement strategies
Competitive analysis
List of raw materials
List of consumables
List of equipment and capital expenses
Equipment depreciation table
Key management team
Details of employee
Salary schedule
Start up capital estimation
Sources of fund
Loan repayment schedule
Business risk and mitigation
SWOT analysis

EXECUTIVE SUMMARY
The name of our business IS GIG TROFI. We will be located at Tudun Wada Ring Road,
Jos South Local Government Area, Plateau State, Nigeria. We shall be specializing in pig
production. Our product range includes, life pigs, pork and hide products . Our target
markets are stores , individuals, households, abattoirs . GIG TROFI is owned by Isaac
Kargwak Dasak who has an NVC certificate in Agriculture. Our business will be
operating under the piggery industry. This industry has over time proved to be a success
its products and services will always be needed throughout a lifetime. The sum of
#12,789,000 will be needed to start up our business, #5,789,000 is going to be our
contribution while the remaining #7,000,000 will be sourced for as loan from Nirsal
microfinance bank which will be used to purchase equipments, renting and renovation of
office space and other pre-operational expenses. The loan will be paid back in 36months
at a proposed interest rate of 9% on a reducing balance. We expect a sales turnover of
#40,000,000 and a gross profit of 24,433,800 and a profit after tax of #12,615,000 at the
end of three years of our operation.
The risks associated with our business are disease outbreak and the way of mitigating it is
to provide adequate medical attention and ensure a clean environment, our business is
expected to contribute to the economy In the following ways to the promoter and family,
it serves as a source of income to the family of the promoter, it provides employment
repeatedly and also it supports community growth by its presence.
CHAPTER ONE : BUSINESS OVERVIEW
1.1 DESCRIPTION OF THE BUSINESS
The name of our business is GIG TROFI. We will be focusing on the production and
sales of pork and life pigs. we plan to establish a business that will produce these pigs
in commercial quantity and sell to our numerous customers.
1.2 VISION AND MISSION STATEMENT
VISION STATEMENT
Our vision is to leverage food as a means of satisfying the peoples physical and
mental cravings
MISSION STATEMENT
 To ensure effective and efficient production and distribution of food at affordable
prices.
1.3 BUSINESS OBJECTIVES
 We want to feed Nigeria with healthy meat and export to other countries.
 We will ensure that we sell the highest number of pigs for pork in Nigeria and
increase production every year in other to satisfy our customers.
 A priority in our business is hygiene and best practices in animal production.
 Profit maximization
1.4 CRITICAL SUCCESS FACTORS OF THE BUSINESS
 Availability of capital
 Availability of facilities
 Availability of skill and labour
 Availability of water
 Sales
 Good management and administration
1.5 CURRENT STATUS OF THE BUSINESS
GIG TROFI is a startup enterprise
1.6 LEGAL REQUIREMENTS
REGISTRATION BUDGET DETAILS OF
FREQUENCY
Corporate Affairs 17,000 Once
Registration

NAFDAC 250,000 Once

REGISTRATION
Local Government 5,000 Annually
permits/license
Trademark/patent 10,000 Annually
right
Copy right 10,000 Annually

Professional Body 10,000 Once

TOTAL 302,000

1.7 CONTRIBUTION TO LOCAL AND NATIONAL ECONOMY

The piggery farm will provide employment in the first year for at least 3 staff thereby
increasing personal income and wealth for the family. By five years at full capacity it
would employ about 3 staffs, at this stage Contractors and suppliers should also benefit.
Nationally, it will promote high economy of the state and the nation and add up to the
gross domestic product of the state and nation. The banks, insurance companies and
Agricultural consulting firms shall all be beneficiaries with the attendant tax going to the
government . the manure will service proximal farms. Pork marketer, maize or feed
suppliers, transporter etc shall be affected positively.
CHAPTER 2 : MARKETING PLAN
2.1 DESCRIPTION OF THE PRODUCTS AND SERVICES
GIG TROFI is a pig farming business that is fully committed to operating the business
while conforming to the Nigerian laws. We will be focusing on the rearing and sales of
pigs, and the processing and packaging of pork meat for consumption.
The following are the services we shall focus on:
 Sales of pigs
 Sales of processed and packaged pork meat
 Breeding
 Consultancy
 Training and development
2.2 DESCRIPTION OF THE BUSINESS INDUSTRY
Comparative statistics puts Nigeria’s total meat production at more than 110 million
metric tons/year, resulting in a meat production index of 22g per caput per day
(Ademosun, 2010). In fact, the Food and Agricultural Organization of the United Nations
(FAO) quarterly bulletin of statistics reported that there is a greater output of meat from
pigs (63.9 million metric tons/ year) than the combined output of meat from cattle,
buffalo, sheep and goats (58.9 million metric tons/year) in Nigeria.
Local pig farmers hold greater percentage of the market share. When I start my business,
I plan to take more than 50% market share in the long run because I will employ the latest
production technique more than the local farmers. All the pig farmers are my targeted
customers because of the production technique in artificial insemination in pig production
to be used. I plan to be a major factor in the market.
Demand for meat has risen more than five-fold in the past 50 years in Nigeria, according
to the FAO. The FAO said that it believes that the rapid growth of developing economies
suggests meat consumption will continue to grow and outpace the growth of supply.
The growth trends on the market is seriously increasing rapidly and more consumers
preferring to eat pork because it is affordable and readily available upon increase
production. However products in the market are not packaged and I will take advantage
of this. We will introduce product packaging to increase product development.
The pig industry can be a very reliable one due to certain attributes of pigs and the
Nigerian production system. Pigs have a high survival rate and also have the ability to
utilize a host of agro- industrial bye – products and crop residues with little or no
processing and minimal cost. Pork is the most popular meat consumed in the world today
and about 44% of the world meat protein consumption is derived from pork and pork
products (FAO, 2004).
2.3 OPPORTUNITY AND VALUE PROPOSITION
OPPORTUNITY
 With the increasing population in Nigeria and the world at large, We want to feed
Nigeria with healthy meat and export to other countries.
 Since the country still relies on the importation of pig products, We will ensure
that we sell the highest number of pigs for pork in Nigeria and increase production
every year in other to satisfy our customers.
 Our business will provide the most important basic need that is protein in form of
animal meat and our products will be consumed daily by majority of Nigerians.
Due to the fact that the available meats are not enough and are not of the best
hygienic standard, we will provide quality meat and make profit
 The most important thing in my business is hygiene and best practices in animal
production.
VALUE PROPOSITION
GIG TROFI, will instill whole Nigeria best practice in pork production to develop large
scale and structured farming projects to satisfy customer demands. With the experience,
skills, and strengths of management team and workers to be employed, we will ensure
that this business grows to become a house hold name in Nigeria with a standard
acknowledged globally.
2.4 TARGET MARKET
 Pig butchers
 Local consumer of pork
 Pig farmers
 Wholesalers and retailers of pig
 Public markets
 Abattoir and meat processing companies
 Food processing and packaging companies
2.5 ADVERTISEMENT STRATEGIES AND PROMOTIONAL STRATEGIES
A. ADVERTISEMENT STRATEGIES
ADVERTISEMENT BUDGET PER ANNUM DETAILS ON
STRATEGIES FREQUENCY AND
JUSTIFICATION
Online Marketing 80,000 For website design and
hosting, whatsapp,
Instagram,facebook,
twitter, telegram
Bulk sms 10,000 Send to customers
Fliers 12,000 For 500 pieces
One on one marketing 15,000 Direct word of mouth
Flex banner 12,000 On sign boards
t-shirts and caps 55,000 For promotion and
appreciation of loyal
customers
Total 184,000

B. PROMOTIONAL STRATEGIES
i. setting competitive price
ii. giving of discount to customers
iii. giving gift to customers to encourage their patronage
iv. sending messages to customers on their birthdays during festive period
v. getting customize gift items which will serve as advertisement
2.6 DISTRIBUTION STRATEGY
i. Direct sales
ii. Direct sales to households
iii. Distribution to middlemen.
2.7 COMPETITIVE ANALYSIS
My My Competitor Competitor Importance
Strength Weakness A B Weakness to
Factor Weakness Customer
 Products Meat New in Not Not Will
packaged business packaged packaged appreciate
packaging
Price Fair price Customers Pricing by Pricing by Appropriate
based on don’t know sight not sight not measurement
weighed much about weight weight for price
products me
Quality High Meat Meat Meat Fat is a loss
quality produced at contain fat contain fat to customer,
meat higher cost because the because the they will like
without fat big size. big size. my product
Reliability
Stability Stability They like
and stability
continuity
Expertise Experts are They They Quality
employed employ low employ low products are
quality labor quality labor patronized
by customers
Company Will build They employ
reputation customer low quality
trust and labor
reputation
Location Close to the Are located Are located Lesser cost
road and in places in places for our
market, close to close to customers to
easy access residential residential reach
to feed areas areas
Appearance Good Produce Produce Quality sells
looking Pigs that Pigs that itself to our
products may not be may not be customers.
(pigs) of higher of higher They like
quality quality good looking
standard standard pigs

CHAPTER 3 : OPERATIONAL AND PRODUCTION PLAN

3.1 DECRIPTION OF LOCATION AND FACTORY
GIG TROFI is located at Jos South Local Government Area of Plateau State, Nigeria
3.2 CONSUMABLES
CONSUMABLE DESCRIPTION AND KEY SUPPLIES
USES
Pig feed Used in feeding of the pigs From pig feed dealer
Syringe For injecting pigs Pharmacy
Protective To protect from intruders Metal constructor
Disinfectants To prevent predator Provision dealer
Stationery For writing and keeping Stationery shops
record
Water test kit To check water level Pig tools dealer
Land and Building For shelter Building material dealer
and land agent
Machine Use for carrying load/pig Pig tools dealers
Borehole For watering pigs Plumber
Gas cylinder Use for frying pork Business center “Skom
gas”
Deep fryers Use for frying pork Business centre “flourish “
Gas cookers Use to heat up the deep Gas land /flourish
fryer

3.3 A LIST OF EQUIPMENT

EQUIPMENT/ASSET QUANTITY UNIT VALUE VALUE
Water Bowls 20 7000 14,000
Water Gallons 20 450 9000
Bowl 20 300 6000
Packer 20 200 4000
Broom/brush 20 150 3000
Shovel 10 500 5000
Wheel barrow 10 8,000 80,000
Plastics Bowls 10 2,500 25000
Izal disinfectant 10 1000 10,000
Detergents 10 200 2000
Bucket 20 500 10,000
Weight gauge 2 8,500 17,000
Plastic Tank 2 32,000 64,000
TOTAL 232,000

3.3B EQUIPMENT DEPRECIATION TABLE

ITEMS QUANTIT UNIT VALUE LIFE DEPRECIATIO
 NAMES Y COST SPAN N
(MONTHS
)
Water Bowls 20 700 14,000 24 583.4
Water 20 450 9,000 36 250
Gallons
Bowl 20 300 6,000 24 250
Packer 20 200 4,000 24 166.7
Broom/Brush 20 150 3,000 12 250
Shovel 10 1,000 10,000 36 277.8
Wheel 10 8,000 80,000 48 166.7
Barrow
Plastic bowls 10 2,500 25,000 24 1041.7
Izal 10 1,000 10,000 12 833.4
disinfectant
Detergents 10 200 2,000 12 166.7
Bucket 20 500 10,000 24 416.7
Weight gauge 2 8,500 17,000 60 283.4
Plastic tank 2 30,000 60,000 120 150
Farm 1 3,400,00 3,400,00 120 283333.4
house/buildin 0 0
g
Land 3 plots 2,360, 2,360,00 120 19666.7
000 0
Bore hole 1 950,000 950,000 120 7916.7
Generator 2 80,000 160,000 60 2.7
TOTAL 6,843,50 7,120,00 876 296089.3
0 0

3.3 PRODUCTION/PRODUCT COSTING AND CAPACITY DEALS

pig rearing is an important economic activity in Nigeria. Meat and hide products, and silk
are raw materials for industries. Animals provide a large proportion of energy required in
the farm sector.
The pork meat production process involves a number of steps from animal to the pig
meat (pork).The first step in pig meat processing is slaughter. before slaughter, the
technician examine the animal to make sure it is fit for human consumption, if the animal
appears healthy, the animal is slaughtered stonning device render the animal senseless a
worker slides the throat and then the animal is hung by it feet to bleed .the bleed is
allowed to drain and then workers skin the animal and remove it's head skinning is done
with care, keeping it in one place so the hide can be sold for leather goods manufacturing,
after skinning, they open the carcass to remove the internal organs and split the carcass in
gall .they spray the carcass with water to rinse away the blood and bone chips cause by
the scars. The 2nd step is aging: The pig meat is tagged and lung in a large cooler where
it will hang for about a week raging in order to improve the flavour of the pig and make it
tendered. aging allowing enzymes to breakdown the meat. The third step in pig meat
proceesing is meat cutting. processor can cut goat meat according to the end pig meat
product and the pig meat cuts can be handled in a variety of ways, such as smoking,
salting, pickling, or ground for hamburger or sausage.
Beside pig meat the above pig meat processing stages the pig meat outs processing
involve a wide range of treatment, including the following processing technologies:
seasoning, mixing or tumbling, stuffing in to casing, the smoking etc and along with the
utilization of modern specialise meat mixing machine, sausage machine, partly machine
of smoking over etc let us enjoy the tender tasty pig meat steak pig meat sausage or other
pig products. pig muscle meat can be cut into roaster ,short ribs or steak or processed into
corned and other processed meat, trimmings are ground for hamburger and meat patty
minced or used in sausage. organ meat is consumed; blood is used in some varieties of
blood sausage .other parts that are eaten include oxtail, liver, tongue, tripe from the
peticulum or rumen gleads the hearts the brain, the kidneys the intestine are used as
sausage casings, the bones are used for making meat stock the hide is used for leather.
3.5 PRODUCTION/PRODUCT COSTING AND CAPACITY DETAILS
PRODUCTION COST FOR 200 PIGS
CONSUMABLE UNIT REQUIRE COST PER UNIT VALUE
Pigs 200 (150 piglets, 40 Piglets=7,000 2,500,000
sows, 10 boars) sows=20,000
Boar=20,000
Feed 8285 kg or 8.3 tons 64,800(5 months) 934,400
87,200 (7 months)
Medication 5,000 / month 5,000
Logistics 5,000 30,000
Workers Salary 1,386,000
Total

3.6 PROPOSED SELLING PRICE FOR 1 PIG

Production Description/Details Cost Proposed selling
price
Pig Sold per kg 24,000 30,000

3.7 RECORD AND STOCK CONTROL PROCESS

BOOK TO BE KEPT AMOUNT REASON
Cash book 1200 To record financial
transaction
Sale day book 1000 To know daily sales
Purchase day book 1000 To record all business diary
Return Inward 1000 Record when good are
being returning
Return outward 1000 To record when record of
goods is given
Petty cashbook 1000 For petty expenses
Receipt invase 1000 To issue to customer on
service
Total 7,200

3.8 PRE-OPERATING ACTIVITIES AND EXPENSES

PRE-OPERATING DESCRIPTION/DETAILS AMOUNT
ACTIVITIES
Training To acquire knowledge 680,000
Business plan Planning purpose 7,000
Business registration 17,000
Total value of equipment 10% inflation on value of 255,200
equipment
Land 3 acre of virgin land 2,360, 000
Building of pen 3,400,000
NVC/EDI training 50,000
Drilling of borehole 950,000
TOTAL 7,719,200

3.9 MILESTONES
ACTIVITIES FUNDING BUDGET PERIOD
ACCOMPLISHMENT
CAC Personal fund 17,000 Done
New office Loan 280,000 1 year
 Land Loan 2 years
Training Personal fund 680,000 2 years
Business plan Personal savings 15,000 1 month
Increase strength Business profit 5% 2 years

CHAPTER 4 ORGANISATIONAL AND MANAGEMENT PLAN

4.1 OWNERSHIP OF THE BUSINESS
GIG TROFI is a sole proprietorship business that gets affective and well controlled
management of the business. Why we chose sole proprietorship business is because it is
the most common and the simplest type of business ownership. It typically takes the form
of a single individual in business as the sole owner of the company. There is no intention
yet to having a top heavy organisation due to financial constraints that drains profits and
complicates decisions.
4.2 PROFILE OF THE PROMOTERS
The promoter has acquired vocational training from different areas to mention but few
i.e National vocational certificate (NVC) from offercentre Institute of Agriculture in Iwo
road, Oluponna, Osun State. The promoters of this business has acquired
Enterpreneurship training in offercentre Institute of Agriculture where we learnt fish
farming,livestock,and crop production, practice in Agriculture. The promoter of this
business got his internship in film production, and has been a volunteer social worker
with organisations across plateau state Nigeria. The promoter has an exposure from
different places visited in Nigeria i.e International Institute of Tropical Agriculture..The
promoter of this business is a graduate of law from the university of jos, plateau State and
was called to bar in the year 2017 . The promoter of this business did his NYSC in
Zamfara state in the year 2018/2019.
4.3 KEY MANAGEMENT TEAM
POSITION SKILL, FUNCTION AND
QUALIFICATIONS RESPONSIBILITY
AND EXPERIENCE
REQUIRED
CEO/ manager Llb/Bl in law and working To watch over the general
experience in different operation of the business
organization for about 4
years and agricbusiness
with management skills.
Assistant manager Committed and fair Sales & record keeping/
knowledge in piggery Assisting in farm work

Farm supervisor
business and record
keeping, ssce holder.
Committed and fair
knowledge in goat
fattening business, ssce
holder
Get involved in all farm
activities and make sure
others carry out their duties
effectively and efficiently.

4.4 DETAILS OF EMPLOYEES

WORKING HOW MANY HOW MANY RESUMPTIO PUBLIC
CONDITION DAYS hrs PER DAY N TIME HOLIDAY
Full time 5 days 12 hrs 6 0,clock AM Free time for
to 6 0,clock PM workers

Part time 3 days 6 hrs 6 0,clock Am Free time for

to 12 0, clock workers
Pm&12 0,
clock PM to 6
0, clock PM

1. The staff will be working within five 5 working days

2. The staff will be working full-time and part-time per each day
3. The resumption time is 6:00AM and ending with 6:00PM
4. There will be public Holidays with the following Festivals period, which is Sallah,
Christmas and Independence period
4.5 DETAILS OF SALARY SCHEDULE
Position of Job Designation Monthly Salary Annual Salary(₦)
Employee (₦)
Farm manager 1.Make strategic 50,000 600,000
and operational
decisions
2. Ensure that the
business meets its
statutory
obligations
3. Contracts with
farmers or farm
owners for raising
of piglets or
 management of
animals
Farm supervisor Responsible for 35,500 426,000
daily operation in
the farm and
supervising the
activities of the
farm daily
Security To secure farm 30,000 360,000
premises
Total 1,386,000

CHAPTER 5 FINANCIAL PLAN

5.1 FINANCIAL ASSUMPTION
5.1 a-Assumption of inflation is 11% of total value of equipment
5.2b-Assumption of interest is assumed at 9% per annum on a reducing balance
5.1c- Assumption of Tax is assumed at 20% on gross profit before tax
5.1d- Assumption on depreciation using a Straight line method
5.1e- Assumption on salary increment is 5% annually
5.1f- Assumption on insurance is 5% on the value of equipment.
5.2a START UP CAPITAL ESTIMATION
Items Description Amount
Pre- operating Insurance, Inflation, 7,719,200
Business plan,
Training, Legal
Requirements
Initial operating adverts, books. 191,200
expenses
Operating expenses Production costing 4,855,400
for a year and
salary
Equipment Equipment 232,000
Total 12,789,000

5.3 SOURCE OF FUNDS

 Source Amount %
Personal funds/equity 5,789,000 45.3
Bank loan 7,000,000 54.7
Total 12,789,000 100

5.4 SECURITY FOR LOAN DETAILS

Agribusiness small and medium enterprise investment scheme (AGSMEIS) certificate.
5.5 LOAN REPAYMENT SCHEDULE
See appendix
5.6 LOAN DETAILS
Loan Amount Rates % Duration
7,000,000 9% 36 months

CHAPTER 6 : RISK and SWOT ANALYSIS

6.1 Business Risk and Mitigation Factor
ASSOCIATED RISKS
Production risk: this relates to the
possibility the yield or output level will be
lowered than projected
Marketing Risk: this relates to the
possibility of losing the market for the
product or that the priced received will be
less than expected
Disease outbreak
MITIGATING MEANS
Follow recommended production
practices.
Purchase federal crop insurance coverage
to stabilize income during times of loss
and purchase NAP coverage for Non-
insured animals.
Develop a marketing plan with realistic
sales, forecast and target prices.
Increase direct marketing effort to capture
a higher price.
Join a marketing cooperative to enhance
prices and guarantee market.
will be handled by the veterinary doctor
and appropriate action taken to prevent
further outbreak and loss. Death and other
related issues will be handled seriously.
Human Resource Management Risk
Business recessions:
A drop in sales or insufficient sales
6.2 SWOT ANALYSIS
STRENGTH
• Adequate Technical-know-
how in the field- helps in the
smooth and easy running of the
business
• high productivity- this
makes you meet market demands
and increases profit
• Adequate knowledge of the
market- this helps you know who,
when and how much to produce at
a particular time. Also helps
connect with prospective
customers
 Good packaging- this
makes our product
attractive and increases
sales
 Customer friendly- this
helps one gain and increase
loyal customers
Evaluate alternative sources of labor.
Recognize and reward good performances.
Consider health and life insurance needs
Develop and practice good “people skills”
with family members as well as
employees.
I am prepared to promptly cut costs to
maintain liquidity. I will also be on the
lookout for good business opportunity
during periods of adversity.
I will be prepared to take prompt remedial
steps by cutting costs.
I will improve every aspect of product
value, performance and image
I will seek out new ways to expand sales
I plan to stick with this specialized
business that I know best unless fatally
defective
WEAKNESS
• Unfavourable government
policies- some government
policies are very unfavorable to
the farmers e.g opening of
boarders without due consultations
•lack of funding to maximize
production –availability of fund
helps increase production and
sales thereby increases profit
 Unfavorable climatic
condition-there should e
ready availability of
weather forecast through
meteorological stations and
weather manipulation
facilities
 • Provision of healthyand
hygienic products- this makes your
products reliable and gives you an
edge over other products
•
OPPORTUNITY
• Population growth- this
leads to increase demand and
supply and therefore increase in
sales and profit.
• Government policies
favoring agriculture-these policies
in favor of agriculture will also
favor all participants in the field
e.g input subsidy, low interest
loans e.t.c
• The attitude regarding role
of agriculture in national
development- agriculture is the
mainstay of many economies and
as such is valued more than other
economic sectors, this also reflect
in the value of the key players
• The increasing industries
that is related and dependent on
agriculture- this will help increase
sales and profit as the demand by
these industries will sky rocket
supply
• Investment in technical
efficiency
Loan Summary
Loan Amount:7,000,000.00
Monthly Payment:
#222,598.13
T
• Competition- try as much
as possible to know your
competitors in areas of strength
and weakness and leverage on that
to excel. Also try to collaborate
with them
 Price fluctuation and hike
of the price of inputs –
always buy inputs ahead of
time.
 Theft – ensure good
security outfits, keep
security guards and keep
good records
 Disease outbreak- ensure
good management
procedures, keep healthy
environment, practice
integrated pest integrated
pest management and use
organic defenses
Total # Of Payments:
36
Start Date:
Mar, 2021
Payoff Date:
Feb, 2024
Total Interest Paid:
#1,013,532.63
Total Payment:
#8,013,532.63
Loan Amortization Schedule year 1

Payment Payment Interest paid Principal Total Remaining

date paid payment balance
Mar, 2021 1 #52,500.00 #170,098.13 #222,598.13 #6,829,901.87
Apr, 2021 2 #51,224.26 #71,373.86 #222,598.13 #6,658,528.01
May, 2021 3 #49,938.96 #172,659.17 #222,598.13 #6,485,868.84
Jun, 2021 4 #48,644.02 #173,954.11 #222,598.13 #6,311,914.73
Jul, 2021 5 #47,339.36 #175,258.77 #222,598.13 #6,136,655.96
Aug, 2021 6 #46,024.92 #176,573.21 #222,598.13 #5,960,082.75
Sep, 2021 7 #44,700.62 #177,897.51 #222,598.13 #5,782,185.24
Oct, 2021 8 #43,366.39 #179,231.74 #222,598.13 #5,602,953.50
Nov, 2021 9 #42,022.15 #180,575.98 #222,598.13 #5,422,377.52
Dec, 2021 10 #40,667.83 #181,930.30 #222,598.13 #5,240,447.23
Jan, 2022 11 #39,303.35 #183,294.77 #222,598.13 #5,057,152.45
Feb, 2022 12 #37,928.64 #184,669.49 #222,598.13 #4,872,482.97

Loan Amount:
4,872,482.97
Monthly Payment:
#213,762.60
Total # Of Payments:
24
Start Date:
Mar, 2022
Payoff Date:
Feb, 2024
Total Interest Paid:
#257,819.41
Total Payment:
#5,130,302.38
Loan Amortization Schedule year 2

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining
Balance
Mar, 2022 1 #20,302.01 #193,460.59 #213,762.60 #4,679,022.38
Apr, 2022 2 #19,495.93 #194,266.67 #213,762.60 #4,484,755.71
May, 2022 3 #18,686.48 #195,076.12 #213,762.60 #4,289,679.59
Jun, 2022 4 #17,873.66 #195,888.93 #213,762.60 #4,093,790.66
Jul, 2022 5 #17,057.46 #196,705.14 #213,762.60 #3,897,085.52
Aug, 2022 6 #16,237.86 #197,524.74 #213,762.60 #3,699,560.78
Sep, 2022 7 #15,414.84 #198,347.76 #213,762.60 #3,501,213.01
Oct, 2022 8 #14,588.39 #199,174.21 #213,762.60 #3,302,038.80
Nov, 2022 9 #13,758.50 #200,004.10 #213,762.60 #3,102,034.70
Dec, 2022 10 #12,925.14 #200,837.45 #213,762.60 #2,901,197.24
Jan, 2023 11 #12,088.32 #201,674.28 #213,762.60 #2,699,522.97
Feb, 2023 12 #11,248.01 #202,514.59 #213,762.60 #2,497,008.38

Loan Amount:
2,497,008.38
Monthly Payment:
#213,762.60
Total # Of Payments:
12
Start Date:
Mar, 2023
Payoff Date:
Feb, 2024
Total Interest Paid:
#68,142.81
Total Payment:
#2,565,151.19
Loan Amortization Schedule year 3

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining
Balance
Mar, 2023 1 #10,404.20 #203,358.40 #213,762.60 #2,293,649.98
Apr, 2023 2 #9,556.87 #204,205.72 #213,762.60 #2,089,444.26
May, 2023 3 #8,706.02 #205,056.58 #213,762.60 #1,884,387.68
Jun, 2023 4 #7,851.62 #205,910.98 #213,762.60 #1,678,476.69
Jul, 2023 5 #6,993.65 #206,768.95 #213,762.60 #1,471,707.75
Aug, 2023 6 #6,132.12 #207,630.48 #213,762.60 #1,264,077.26
Sep, 2023 7 #5,266.99 #208,495.61 #213,762.60 #1,055,581.65
Oct, 2023 8 #4,398.26 #209,364.34 #213,762.60 #846,217.31
Nov, 2023 9 #3,525.91 #210,236.69 #213,762.60 #635,980.61
Dec, 2023 10 #2,649.92 #211,112.68 #213,762.60 #424,867.93
Jan, 2024 11 #1,770.28 #211,992.32 #213,762.60 #212,875.62
Feb, 2024 12 #886.98 #212,875.62 #213,762.60 #0.00