Soybeans Farm

IN Doma, Nasarawa State

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₦127,000.00 / per farm sold: 0 / 1500
Soybeans is a very important staple crop used globally for both human consumption and animal feed. It is used as raw material for several processed foods include Soybean oil, Soy flour, Soy sauce and Soy milk.
Soybean also serves as an alternative to several dairy products. It is the primary ingredient for dairy product substitutes such as soy cheese and soy ice cream. Soybean also serves as a plant protein nutrient alternative in animal feeds. It is a nutritional powerhouse rich in protein, fat, calcium, folate, and Vitamin C.
As Africa population is projected to reach 1.5 billion people by the year 2025, the demand of soybeans will continue to increase. Similarly, IITA estimates that the demand for soybeans in Nigeria is currently about 2.2 million tons per annum while the annual production is only at 600,000 tons.
Although Nigeria remains the largest producer of soybeans in Sub-Saharan Africa, the huge supply gap created by increasing demand of the product has create a big market and hence, the need to cultivate soybean.
To help solve this demand and increase domestic production of soybeans, we are currently focusing on cultivating the TGX 1951 variety in Nasarawa State based on its consumption and high yield potential. We have decided to engage 500 soybeans farmers in Doma, Nasarawa State to work on 1500 Acres of soybeans farms.

What your sponsorhip is used for

Renting the Soybeans farm land on your behalf
Purchasing farm inputs including hybrid seeds, fertilizer and farming tools
Insurance provided by Leadway Assurance to cover the expected yield of your farm investment
Payment of workers farmers labour for working on the farm
Packaging and Marketing and Sales of the produce upon maturity
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Investment simulator


Price per farm:

₦127,000.00

Duration:

8 months

Return of investment:

12.00%


How many farm units would you like to invest:

  0  


Estimated Investment:

-

Estimated profit:

-

  • Doma, Nasarawa State.
  • Aug. 31, 2018.
  • 8 months.
  • 12.00%.
  • TGX 1951 variety
  • Insured by:


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