Emmanuel Farms is a farm project located Akure LGA, Ondo state. The company is seeking funding of N 3, 000,000 (3 million naira) for immediate cultivation of the land, building and purchase of Cassava stems and other assets necessary for their Cassava cultivation and garri processing operation. The company will be the only farm in the area to provide the local community with organically grown vegetables.
During the Year 1 start-up phase, Emmanuel Farms will require a period of time to raise and cultivate the products the company intends to market for sale. As soon as the company has accumulated sufficient product to sell, Emmanuel Farms will establish a customer base at local point of sale in Akure. The projected Profit and Loss for Year 2 and Year 3 for Emmanuel Farms reflects the company operating at the expected full capacity. After the demand of this market has been adequately serviced, Emmanuel Farms plans to consider expanding operations by including various other venues to market their Garri including but not limited to obtaining shelf space at small local markets and stores businesses within Akure and possibly expanding the product line to include fufu processing.