Type of fund: 
Business
Amount: 
20,000,000,000.00 NGN
Category (Business): 
Agriculture
Country: 
OYO, Nigeria
Type of returns: 
Profit
Amount of returns expected: 
5%
Expected time for ROI: 
20 Years
Purpose of the funds: 

The members of the project are in dire need to develop them, but could not afford the provision of basic inputs. The major problem faced by the project and which it will try to address is the lack of the most appropriate agriculture inputs to restart normal production activities in order to achieve more qualitative result than our progenitors. These inputs include i) Funds, ii) Farm equipment iii) Seeds, and iv) Seedling, v) Planting materials, and vi) Livestock for breeding. Other issues:- i) Lack of the capacity to provide support service. ii) There is gender inequality in development activities in the entire area of Oke-Ogun region of Oyo State.

084-304128 16, Obanoban Close, Off Evo Road +234(0)8101017347 GRA Phase2, Port Harcourt, info@onida-dev.com Rivers State, Nigeria www.onidadevelopment.com 12/11/2015 To: THE PRESIDENT ALATISE MULTI-PURPOSE COOPERATIVE SOCIETY LTD. MOGAJI'S COMPAND IPAPO VIA OYO OYO STATE NIGERIA. THRU: THE PROJECT COORDINATOR: PROMAN_VITAL VENTURES LIMITED Oyo State Assessment for Pre-feasibility study & Business plan Onida Development Ltd is a company, fully registered and active in Nigeria with its Technical Partners and Expertise resident in Nigeria. Onida deals with a wide range of services in various sectors of Modern Agricultural Projects with vast experiences in Africa, executing projects in Modern Agriculture & Horticulture, Aqua Culture, Poultry and Dairy farming, using the latest technology. Following our several meetings, conversation, site visit and based on your request, we are pleased to present you this letter. The suggested area for development of modern agriculture, is located at Itesiaju Local Gvt Area, (A perimeter map is attached as "Appendix A"). The total size of the area is 398.5 Ha. We can confirm that several options for projects can be executed on that site. The options are as follows:  Greenhouse Vegetable Project  Poultry projects  Open field crops  Animal husbandry