₦airaland Forum

greenfarm234:
Thanks Boss, I appreciate.
Making sure each person have access to atleast 1 Acre is the plan. Reason I'm looking for 10 people for the 10 Acres plan. It's part of what I stated in the proposal.
Yes, I'm familiar with the Grasscutter and Termites and there is already laid down plan to avert that.
And again, any prospective investor would not have to wait till 4th Year before getting return as there is plan to plant Plantain and Pepper on the farm.
So, within 5 Months, we will start cashing out from the farm.

All the best brother and I wish you a bumper harvest in advance.

bassdow:
Your suggestion is Good enough BUT major issue is, I doubt this person don start anything at all. Na person funds e want to take do experiment.

Wonder why not start with an Acre (6-plots) or even less and grow from there.

That way, when you actually need reason to scale up, potential investors would take you serious.

AnyOne could give you money BUT only a serious, knowledgeable investor would want to see what you have done so far.

As for the Quotation, abi List wey him write, AnyOne could, and Can write (or copy and Paste) such hence look reasonable.

A lot of these inVestors, don't want to (risk) INVEST any of their personal penny. If possible, they wanna live off your money while the so called projects yield (if it ever does)

That was how Plantainville ( Erukulele) with his beautifully crafted business plan on Nairaland lured some of us to invest in a phantom Plantain farm but ended up swindling us of our hard-earned money. I am not accusing you o but " eyan buburu ti ba eniyan rere je". You can search for Igbemo Plantainville or Erukulele on the search engine to corroborate this fact.

keeper303:
That was how Plantainville ( Erukulele) with his beautifully crafted business plan on Nairaland lured some of us to invest in a phantom Plantain farm but ended up swindling us of our hard-earned money. I am not accusing you o but " eyan buburu ti ba eniyan rere je". You can search for Igbemo Plantainville or Erukulele on the search engine to corroborate this fact.

I understand Boss, more reason I am not collecting Money from anyone. We will gather on the land and do all the layout and planting together.
The Money spent will be open to everyone and will be shared accordingly. I just want to do it in a commercial capacity so that the bye products will be exportable, if not, I can easily do 2 Acres for myself and sell for consumption.

I am also looking at starting a coconut farm like this, export is also the goal before i can develop capacity to add value and make real money. i am from osun state with representative in ede area.

What is the update on this project? Did you get investors already? Have you started in any capacity?

My major issue is the land - Land grabbers are rampant what is the assurance the land is genuine and right documentation, avoiding future family ownership issues, what about government plan for the area (people dont look into that, this is a long term investment it needs to in accordance to nigerias blueprint). I think the best way to start this would be for each investors to buy the arces of lands together minimum purchase 2acres. so the farm can easily be seperated if not interested in the future and investors still in can buy out the property so the business continues.

Second is the management - this will need to be detailed properly. Are you looking for partially silent investors ? to what extent is the involvement you are looking for. it would be good if there is someone who knows or have experience managing a coconut farm also as an investor. Are you experienced with documented proof?

- This is soomething for later but, will there be clear laid out company operations rules and hiring rules to ensure no one is basically just packing family members in as employees or outsourcing to their own companies as suppliers or contractors. It usually should not be a problem if they deliver properly but were humans mixing business and pleasure never ends well.

Another thing is selling. Do you already have ready contacts/buyers etc will it be a situation of i brought the buyer and get more percentage of profit? especially for the plantain because i assume that the plantain is supposed to be as maintenance cost for the coconut farm before it gets to fruiting stage.

Many more questions to ask but can do that if this is real and not a fake money scheme.

Ayooze:
I am also looking at starting a coconut farm like this, export is also the goal before i can develop capacity to add value and make real money. i am from osun state with representative in ede area.

What is the update on this project? Did you get investors already? Have you started in any capacity?

My major issue is the land - Land grabbers are rampant what is the assurance the land is genuine and right documentation, avoiding future family ownership issues, what about government plan for the area (people dont look into that, this is a long term investment it needs to in accordance to nigerias blueprint). I think the best way to start this would be for each investors to buy the arces of lands together minimum purchase 2acres. so the farm can easily be seperated if not interested in the future and investors still in can buy out the property so the business continues.

Second is the management - this will need to be detailed properly. Are you looking for partially silent investors ? to what extent is the involvement you are looking for. it would be good if there is someone who knows or have experience managing a coconut farm also as an investor. Are you experienced with documented proof?

- This is soomething for later but, will there be clear laid out company operations rules and hiring rules to ensure no one is basically just packing family members in as employees or outsourcing to their own companies as suppliers or contractors. It usually should not be a problem if they deliver properly but were humans mixing business and pleasure never ends well.

Another thing is selling. Do you already have ready contacts/buyers etc will it be a situation of i brought the buyer and get more percentage of profit? especially for the plantain because i assume that the plantain is supposed to be as maintenance cost for the coconut farm before it gets to fruiting stage.

Many more questions to ask but can do that if this is real and not a fake money scheme.

Good Day Sir. Thanks so much for your constructive input, it's well appreciated. The answer to your questions are well detailed in the Business Plan pdf but it can't be posted here. Since you are in Osun State, I will appreciate if we can meet One on One to discuss this.
To answer few of the questions:
1) We have not Kickstart the project because we only have 3 investors out of the projected 10 investors needed.
2) Land is never a problem in Osun State. Initially, my plan was to situate the Farm in Ede/Ilesa Axis, but due to the rapid development going in in that area, I believe it's best to move to a less developed Area, reason I'm considering Awo/Erin Osun/Songbe etc axis. Songbe is better because the land there is water-logged. As you are aware, waterlogged land is very good for coconut and it will equally not be attractive for commercial usage, thereby making it more secure from government takeover.

greenfarm234:
I need PARTNERS in the establishment of Coconut Farm with capacity of 1000 Coconut Trees.
Duration of Investment: 3 Years - 40 Years (minimum). It simply means we will start MAJOR Payout from the farm starting from the 3rd Year till the next 40 Years atleast. But there will be minor payout from 6 Months of establishment of the farm because the coconut will be intercropped with Maize, Plantain etc.

COST OF ESTABLISHMENT:
Land: (15 Acres): #12,000,000
Coconut Seedling (1000 pieces): #4,000,000
Plantain Seedling (6000 pieces): #3,000,000
Land Clearing: #750,000
Planting Coconut and Plantain: #2,100,000
Bush Clearing: (3 Years): #2,700,000
Miscellaneous: #500,000
Total: #25,050,000.

*The plantation will be cleared twice in a Year at an average cost of #30,000 per Acre.

Location:
*Ilesa in Osun State or Ibadan in Oyo State (not decided yet).
But I prefer the land in Osun State.

Expected Return.
Year 1: Coconut: Zero
Plantain: #4,500,000
Year 2: Coconut: Zero
Plantain: #9,000,000
Year 3: Coconut: #20,000,000
Plantain: #9,000,000
Year 4: Coconut: #40,000,000
Plantain: #4,500,000
Year 5: Coconut: #80,000,000
Plantain: ##1,500,000.
*Subsequent Years, we expect nothing less than 80 Million naira from Coconut and 1 Million Naira from Plantain.
* Eventhough we will be planting 1000 stand of Coconut, our calculation will be based on 900 stand because some of them might not fruit.
*Plantain ROI reduces down the Years because as the coconut covers, we start removing the plantain to give enough air to the Coconut.
* At Year 3, we expect average of 50 Fruits from each Coconut Tree
From Year 5, we expect optimal yield of 200 Fruits per Coconut Tree. I have a Coconut Trees that gives me average of 400 fruits currently.
But we based our calculation on 200 fruits and #400 per fruit eventhough a fruit goes for over #800 now.

Each partner will make atleast 320% Profit EVERY YEAR for the next 70 Years without having to put any new Capital into it.
With just ONE TIME investment, you earn for the next 70 Years.

Challenges Expected.
* Labour Shortages: Currently, there is shortage of labour. I'm currently establishing 20 Acres of Cocoa farm and it has been very difficult to get labourers to clear the land. But gradually, we are overcoming it
* Theft: It's guaranteed that we will have cases of theft on the farm, but the good thing is it's difficult to steal Coconut. But the time you carry 20 fruits, you are already tired. So in as much as there is a security guard on watch, it's only people that wants to eat that will steal from Us and not those that will bring truck to the farm. And even if they steal up to 1000 fruits, it takes nothing away from our Profit.

Insurance.
The farm will be insured, eventhough we don't forsee any catastrophic incident.

Participation:
The plan is to do it in form of shareholding.
We need #25,050,000 to establish the farm.
The moment the target is reached, we stop taking in participants.
So if someone decides to let's say contribute #5,000,000 to join. It means the person has 19.96% stake in the Farm. So, after Year harvest and we have 80 Million return, the person will get 16 Million naira (which is 19.9% of the Profit).
Future Plan.
Asides selling the Fruits as a whole, there are other bigger ways to make Money from the farm.
Coconut has many bye-products that gives higher return, eg
*Coconut Oil
*Coconut Milk/Cream
*Coconut Shell
*Coconut Water
*Coconut flour etc
So when we are fully established, we can start making the bye-products and even export then to make More Money.

Is this offer still available?