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Project Name: Cassava Investment Plan

About my investment

PACKAGE 1

  • Cost per unit: N60,000 
  • Duration: 11 months 
  • ROI: 20%
  • Insurance provider: Leadway Assurance Plc.

PACKAGE 2

  • Cost per unit: N120,000 
  • Duration: 11 months 
  • ROI: 25%
  • Insurance provider: Leadway Assurance Plc.

What my investment covers

  1.  Purchase of inputs I.e cassava stems, pesticides, herbicides, fertilizers etc.
  2. Drone spraying, mapping and digital extension
  3. Wages for farm labourers, transportation for inputs and harvested tubers to offtakers.
  4. Tractor based plough, harrow and more.


About Crop Selection

Cassava is a perennial woody shrub with an edible root, which grows in tropical and subtropical areas of the world. 

It is rich in carbohydrates, calcium, vitamins B and C, and essential minerals.

In sub-Saharan Africa (SSA) cassava is major staple crop grown for food and industry by small-scale farmers and a few mechanised medium to large scale farms. It thrives in good soil conditions and also grows even in poor soils where other staples would not survive and require comparably limited labor requirements.

It provides food security during conflicts when the invader cannot easily destroy or remove the crop, since it conveniently grows underground. It is also a food security crop for the fact that it thrives in under harsh weather conditions, and a wide range of soil types with minimal management. 

Apart from food, cassava is very versatile, and its derivatives and starch are applicable in many types of products such as foods, confectionery, sweeteners, glues, plywood, textiles, paper, biodegradable products, monosodium glutamate, and drugs. Cassava chips and pellets are used in animal feed and alcohol production. The cassava peels are being transformed from waste to wealth as feed for poultry and other livestock

Frequently Ask Question

Investors are advised to buy as many units as possible. There is no limit to how many farm units you can invest in however, you can buy a minimum of 1 farm unit.

When you buy a cassava farm unit through Myfarmbase, you get periodic updates in the form of written reports, images and videos showing the progress being made at different stages of the cassava production.

Your initial investment and returns will be paid at the end of the project cycle into the account details on your profile.

No. You can only receive payback at the end of cassava production cycle. However, you can buy other investments units available.

Click on the “start investment” button under the image to make the purchase of your desired unit, after which you would be able to create an account with us, using your email address, phone number, billing address, bank account details and relevant information. You would get periodic updates in the form of written reports, images and videos showing the progress being made at different stages of the cassava production.