KISS DANIEL!!!!!!!!!

masties2:
Buying plantain and transporting from Benin, the ROI was rather low from my calculations. A coach of plantain goes for between 60-70000, depending on bargaining power and has about 15- 20 dozens. Transport per coach in a 911 truck is 8000 per coach. Loading and market fee Is 2000. In Lagos heard I have to pay for produce, I don't know how much. But like you said planning is important and getting a market. I do hope you can guide me in Agroprenuership

What was your ROI? Have you done the business already? or still carrying out survey? What's the average price of a dozen there? Where in Benin are you getting the plantains? With the cost of plantain you stated, i can easily tell you will be going to lagos with just two coaches or one and a half...to get a mouth-salivating ROI, you may need to go with up to three coaches....so you can beat transport costs, transport taxes, and average cost per dozen...Please, ensure your vehicle moves before 12 noon so as to arrive lagos before 12am...so you can have time to offload and rest before selling your goods. This was part of the mistakes we made. Ensure you never have transport issues as this is the main priority in this business.

masties2:
Pavore9, u are a store of information and I have been following you on Nairaland for long now. I always learn something from you.
Djdoxxx, you could consider Ikotun market. The market is huge but has no plantain depot. The sellers buy from Mushin and Ketu. I think that we could try it out.

thanks for the info on ikotun market...My mum and a friend of mine told me merchants come there to sell plantain too in bulk...they made it sound like there exist plantain depots there in ikotun. My initial plan was to take my plantain to ikotun market but my mum advised i could do that on another trip with fresh ones... Unfortunately, i never got to go to ikotun market and carry out a market survey there till i left ikotun this afternoon. Do you stay in Ikotun or where do you stay? Do you mean i can bring up to 40 dozens to Ikotun market and sell all in a day? or you mean i could bring my leftovers there? Do you want to get into this business too? THIS IS Djdoxx, operating with another account.

Pavore9:


You need to create a market outside Ketu. To delay the ripening of plantain do an experiment with waxing a bunch of plantain with a thin film of shea butter. l know that is what a Congolese firm that packages freshly harvested plantains in cartons and have it exported do to extend the shelf life.

Thanks boss for this information. i already sold all the plantains since day before yesterday. I was smart to leave ketu market with 10 dozens to ikotun where i stay to sell the remaining. I sold about 7 dozens and processed 3 dozens...My mum helped with the customers who came to gladly pick up their plantains at a very convenient price...The price of plantain is on the high side in Ikotun...And i will be making it a substitute-market. thanks for the shea butter info...

alakara:
@djdoxxx
Pls how do u process all these products.

i will be talking about processing on a new thread and my blog soon. Please hang on.