BUSINESS PLAN FOR GARRI, HIGH QUALITY AND STARCH PROCESSING PLANT

The business plan is on Garri, High Quality and Starch processing. It will also detail the
production and marketing of the products.
FARROW was formed, enlisted and registered as a corporate entity under Corporate
Affairs Commission (CAC) in Nigeria with Registration No. RC………………………… The
Company is located in Abuja
FARROW which is intending to go into the proessing of sand free Garri, High quality and
starch processing plant. The project requires about N49,917,014 in which the applicant
already has an existing assets of about N1,000,000, the applicant intends to contribute
N14,917,014 to the project as equity which represent 30% of the project and intends to
secure a loan of N34,000,000 from the Bank which will represent 68% of the project
worth.
The cash flow projection shows positive net cash balance at the end of each circle. A
projected profit and loss account shows indication of profitability at the end of each
year of the project from year 1 to final. The return on Sales, Capital employed and
Equity are detailed below

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