BUSINESS PLAN FOR…WALI CATTLE FARM

1)  CERTIFICATE NR…. 01NEXIT/BA/AIDEV.LTD/22/1085

2) BATCH NR: A

3) BUSINESS SECTOR..AGRICULTURE

4) BUSINESS SUBSECTOR…ANIMAL HUSBABDRY

5) Name of Entrepreneur
i) Surname…. Ibrahim

ii) Other names Usman Wunti

6) BVN…….. 22326643927

7) Phone numbers…… 7037863938

8) Personal e-mail…… usmanwunty@gmail.com

9) Gender…. Male

10) State of Origin… Bauchi

11) State of business Location….. Bauchi

12) Training Institution.: A.I Development Services Ltd

13) Age Range:- 18-35 Above 35

14) State of Residence Bauchi

15) Start-Up/Existing Existing

16) Loan Tenure… 36

17) Loan Total 1,530,000

18) EQUIPMENT (70% TOTAL LOAN) 1,040,000

19) WORKING CAPITAL(30% TOTAL LOAN) 490,000

20) Years of Operation.. 5

21) Training Type..Entrepreneurship

22) Geopolitical Zone..North East

23) Business Ownership Type..Sole Proprietorship

24) Business e-mail… usmanwunty@gmail.com

25) Business Phone number… 7037863938

26) Business Name… WUNTI CATTLE FATTENING

1.0 GENERAL INFORMATION

1.1 NAME OF BUSINESS :
WUNTI CATTLE FATTENING

1.2 BUSINESS DESCRIPTION:………….. is essentially engaged in buying and fattening of CATTLE.These are meant for local markets,
butchers, restaurants, hotels and individuals.
1.2 BUSINESS DESCRIPTION:………….. is essentially engaged in buying and fattening of CATTLE.These are meant for local markets,
butchers, restaurants, hotels and individuals.

1.3 PROFILE OF ENTREPRENEUR(S): The entrepreneur has been involved in Bulls breeding such as this one.He has acquired relevant
knowledge and skills through this NPOWER EXIT Entrepreneurship training conducted by A.I Development Services Ltd.

1.4 SUMMARY OF LOAN REQUIRED

S/NR ITEM AMOUNT REMARKS
1 EQUIPMENT 1,040,000

2 WORKING CAPITAL 490,000

LOAN TOTAL 1,530,000

3 GRACE PERIOD 3 Moratorium
4 REPAYMENT PERIOD 33 Actual Repyt mths
5 LOAN TENOR 36 Total period
Principal Repyt/Mth 46,364 Loan/Repyt Period
Interest rate 5% 76,500.00 5% of Loan
Interest /Mth 36 2,125.00 From Mth 1
Bank charges 4% 61,200.00 Deductable at Source
Ending cash balance 4,133,683.47 After Repayment
5.0 FINANCIAL PLAN
5.1 Project Cost Plan
S/NR DESCRIPTION QTY RATE AMOUNT EQUITY
BANK LOAN
1.0 ASSETS
1.1 Grazing lots 1 250,000 250,000
1.2 Shed 1 150,000 150,000
1.3 Water points/tube well 1 150,000 150,000
1.4 0
1.5 0
Total Assets 550,000 550,000

2.0 Pre-Operational Expenses

2.1 Trade Reg. 1 5000 5,000.00
2.2 Rents of Premises 1 100,000 100,000.00
2.3 Land prepration 1 200,000 200,000.00
2.4 Npower Exit Training 1 5,000 5,000.00
2.5 CAC Reg. 1 15,000 15,000.00
2.6 0.00
2.7 0.00
Total Pre operational expenses 325,000
3.0 EQUIPMENT
3.1 Feeds 4 5,000.00 20,000.00
3.2 Drinkers 4 5,000.00 20,000.00
3.3 Vaccines Freezer 1 50,000.00 50,000.00
3.4 Generator Set 1 150,000.00 150,000.00
3.5 Bulls 4 200,000 800,000.00
3.6 0.00
3.7 0.00
Total Equipment 1,040,000 1,040,000 68%

4.0 WORKING CAPITAL

4.1 Feeds 4 50000 200,000
4.3 Vaccines & medicines 4 10000 40,000
4.3 Over Head 4 15,000.00 60,000
4.4 Labour 3 30,000.00 90,000
4.5 contingencies 1 100000 100,000
4.6 0
Total Working Capital 490,000 490,000 32%

5.0 TOTAL START-UP/EXPANSION COST 2,015,000

6.0 TOTAL EQUITY (ITEMS 1 & 2) 875,000
7.0 TOTAL LOAN REQUIRDS(Items 3+4) 1,530,000
2.0 ORGANISATIONAL AND MANAGEMENT PLAN
2.1 Organisational Structure Models
S/NR Model 1 Model 2 Model 3 Remarks(
1 OWNER OWNER OWNER Model 3 is the most
2 MANAGER OWNER-MGR OWNER-MGR- suitable for this
WORKER business
3 WORKERS WORKERS
WORKERS

2.2 Strengths,Weaknesses,Opportunities and Threats

(SWOT ANALYSIS)
S/NR Items Descriptions Remarks
1 Strengths Adequate capital & customer base
2 Weaknesses Highly competitive market
3 Opportunities Daily demand
4 Threats Irratic sources of materials
5 Risks

2.3 Risks and Mitigations

S/NR Risks Mitigations Remarks
1 Theft and banditry Provision of secured pens and grazing areas
2 Irratic source of feedAlternative sources of feeds
3 Low Purchasing Expanding market horizon
4 power
Competition Provision of high quality and healthy Bulls
5 Pricing Affordable and competative prices
3.0 PRODUCTION PLAN:This section is for those going into production
processes
3.1 Production Processes:
The production processe involves the following stages:- a) Purchase of healthy Bulls b) purchase of
equipment c) construction of sheds and vaccination d) fattening e) Packaging and sales

3.2 Fixed Assets (Building and Machinery)

S/Nr Description Cost
1 Grazing lots 1 NR 250,000 250,000.00
2 Shed 1 NR 150,000 150,000.00
2 Water points/tube well 1 NR 150,000 150,000.00

550,000.00
Total

3.3 Pre-Operational Cost

S/NR ITEM QTY RATE AMOUNT REMARKS

1 Trade Reg. 1 5000 5,000.00
2 Rents of Premises 1 100,000 100,000.00
3 Land prepration 1 200,000 200,000.00
4 Npower Exit training expenses 1 5,000 5,000.00
5 CAC Reg. 1 15,000 15,000.00
Total 325,000.00
3.4. Maintenance Procdure: Regular vaccination

3.5 Raw Materials Required for Initial and Subsequent Production Cycles
S/NR ITEM QTY UNIT RATE AMOUNT
1 Feeds 4 Nr 5,000 20,000.00
2 Drinkers 4 Nr 5,000 20,000.00
3 Vaccines Freezer 1 Nr 50,000 50,000.00
4 Generator Set 1 Nr 150,000 150,000.00
5 Bulls 4 Nr 200,000 800,000.00
Total 1,040,000.00
3.6 Sources Of Raw Materials
S/NR ITEM Location QTY Remarks
1 Bulls Bauchi 4
2 Feeds 0 4
3

3.7 Direct and Indirect Labour

S/NR ITEM Location QTY Remarks

1 Mgt 1
2 Direct 2
3 Indirect 1

3.8 Cost of Labour per Operational Cycle in Months

S/NR ITEM No Time Rate Amount

1 Magt 1 3 15,000 45,000
Direct
2 Labour 2 3 10,000 60,000
 Indirect
3 labour 1 1 10,000 10,000

total 115,000
UNIT COST FOR 3MONTHS 28,750.00
3.9 Availabilty of Labour

S/NR ITEM Seasonal All Year Remark

1 Mgt X
2 Direct
Labour X
3 Indirect
labour X

3.10 Worker Motivation

S/NR Item MOTIVATION 1 MOTIVATION 2 MOTIVATION 3

1 Mgt Prompt Salaries Bonuses Equity
2 Direct Labour Prompt Salaries Bonuses
3 Indirect labour Prompt Salaries Bonuses
3.11 Expected Overheads per Operational Cycle( in Months)
S/NR Item Time Qty Unit Rate Amount
1 Electricity 3 10 kwh 250 7,500.00
2 Water 3 140 ltres 25 10,500.00
3 Transport 2 1 item 7000 14,000.00
4 Fuel 3 10 ltres 165 4,950.00
5 ICT 3 1 item 1000 3,000.00
Total 39,950.00
UNIT COST FOR 3MONTHS 9,987.50

6 UNIT COST(bull) FOR FOR 1 PRODUCTION CYCLE 198,737.50

7 UNIT COST(dung) FOR FOR 1 PRODUCTION CYCLE 1,500.00

8 TOTAL DUNG PRODUCTION

a) EACH BULL CAN PRODUCE 50KG BAGS DUNGS 3
b) DUNG PRODUCTION PER MONTH 1
c) TOTAL NUMBER OF BULLS 4
TOTAL 12
4.0 MARKETING PLAN
4.1 MARKETING AREA AND TARGET CUSTOMERS
S/NR Products Area Target Customer Expectd Mkt Share
1 Bulls Restaurant/ Individuals 1%
2 Dung Farmers 1%
3

4.2 Demand Pattern for Products

S/NR Products Area Low Medium High Remarks
1 Bulls Bauchi X
2 Dung 0 X

4.3 Products,Production Costs and Proposed Selling Price

S/NR Products Unit Prod Cost Overhead +Profit Selling Price Remarks(Optional)
1 Bulls 198,737.50 20.00% 238,485.00
2 Dung per 50kg bag 1,500.00 15.00% 1,725.00
3

4.4 Expected Production Output Per Cycle of 3 months @ 5% steady increase

S/NR Products M1-M3 % INCRE. M4-M6 % INCRE. M7-M9
1 Bulls 4 0% 4 5% 4
2 Dung of 25kg per bag 12 13 13
1a Sales for Bulls 953,940.00 1,001,637.00 1,051,718.85
2a Sales for Dung 20,700.00 21,735.00 22,821.75
M10-M12 % INCRE. M13-M15 % INCRE. M16-M18
1 Bulls 5 5% 5 5% 5
2 Dung of 25kg per bag 14 15 15
1a Sales for Bulls 1,104,304.79 1,159,520.03 1,217,496.03
2a Sales for Dung 23,962.84 25,160.98 26,419.03
M19-M21 M22-M24
1 Bulls 5 5% 6 5%
2 Dung of 25kg per bag 16 17
1a Sales for Bulls 1,278,370.84 1,342,289.38
2a Sales for Dung 27,739.98 29,126.98
% INCRE. % INCRE.
1 Bulls 0 5% 0 5% 0
2 Dung of 25kg per bag 0 0 0
1a Sales for Bulls
2a Sales for Dung

4.5 Sales & Promotional Strategies

S/NR Strategy Bulls Dung Remarks
1 Radio
X
Adverts
2 TV
Adverts
3 Social
X
Media
Outdoor
4 displays
5 Fliers
6 Door to
door sales
7 Discounts
Free X X
8 Delivery X
emarks(Optional)

% INCRE.
5%
5%

% INCRE.
5%

5%
5%

% INCRE.
5%
5.2 Monthly Sales and Cost Plan

S/Nr ITEMS MTH I MTH 2 MTH 3 MTH 4 MTH 5 MTH 6 MTH 7 MTH 8 MTH 9 MTH 10 MTH 11 MTH 12
1.0 Sales
1.1 Bulls 0.00 0.00 953,940.00 0.00 0.00 1,001,637.00 0.00 0.00 1,051,718.85 0.00 0.00 1,104,304.79
1.2 Dung 6,900.00 6,900.00 6,900.00 7,245.00 7,245.00 7,245.00 7,607.25 7,607.25 7,607.25 7,987.61 7,987.61 7,987.61
1.3
1.4
Total Sales 6,900.00 6,900.00 960,840.00 7,245.00 7,245.00 1,008,882.00 7,607.25 7,607.25 1,059,326.10 7,987.61 7,987.61 1,112,292.41
2.0 EXPENSES
2.1 Staff Salaries 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33
2.2 Operational Cost 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33
2.3 Loan Repayment 0.00 0.00 0.00 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64
2.4 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.5 Loan Interest 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00
2.6 Bank Charges 61,200.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 904,991.67 43,791.67 43,791.67 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30
3.0 Gross Profit(1-2) -898,091.67 -36,891.67 917,048.33 -882,910.30 -82,910.30 918,726.70 -882,548.05 -82,548.05 969,170.80 -882,167.69 -82,167.69 1,022,137.10
4.0 PIT/CIT 2% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.0 Net Profit -898,091.67 -36,891.67 917,048.33 -882,910.30 -82,910.30 918,726.70 -882,548.05 -82,548.05 969,170.80 -882,167.69 -82,167.69 1,022,137.10

S/Nr ITEMS MTH 13 MTH 14 MTH 15 MTH 16 MTH 17 MTH 18 MTH 19 MTH 20 MTH 21 MTH 22 MTH 23 MTH 24
1.0 Sales
1.1 Bulls 0.00 0.00 1,159,520.03 0.00 0.00 1,217,496.03 0.00 0.00 1,278,370.84 0.00 0.00 1,342,289.38
1.2 Dung 8,386.99 8,386.99 8,386.99 8,806.34 8,806.34 8,806.34 9,246.66 9,246.66 9,246.66 9,708.99 9,708.99 9,708.99
1.3
1.4
Total Sales 8,386.99 8,386.99 1,167,907.03 8,806.34 8,806.34 1,226,302.38 9,246.66 9,246.66 1,287,617.50 9,708.99 9,708.99 1,351,998.37
2.0 EXPENSES
2.1 Staff Salaries 38,333.33 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
2.2 Operational Cost 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33
2.3 Loan Repayment 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64
2.4 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.5 Loan Interest 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00
2.6 Bank Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 890,155.30 101,821.97 101,821.97 901,821.97 101,821.97 101,821.97 901,821.97 101,821.97 101,821.97 901,821.97 101,821.97 101,821.97
3.0 Gross Profit(1-2) -881,768.31 -93,434.98 1,066,085.06 -893,015.63 -93,015.63 1,124,480.41 -892,575.31 -92,575.31 1,185,795.53 -892,112.98 -92,112.98 1,250,176.40
4.0 PIT/CIT 2% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.0 Net Profit -881,768.31 -93,434.98 1,066,085.06 -893,015.63 -93,015.63 1,124,480.41 -892,575.31 -92,575.31 1,185,795.53 -892,112.98 -92,112.98 1,250,176.40
5.3 Projected Monthly Cash Flow Statements
S/Nr ITEMS MTH 1 MTH 2 MTH 3 MTH 4 MTH 5 MTH 6 MTH 7 MTH 8 MTH 9 MTH 10 MTH 11 MTH 12
1.0 Beginning Cash Bal. 0.00 1,506,908.33 2,423,956.67 3,294,641.36 2,411,731.06 2,328,820.76 3,247,547.45 2,364,999.40 2,282,451.35 3,251,622.15 2,369,454.45 2,287,286.76
2.0 Cash Receipts
2.1 Sales 6,900.00 960,840.00 960,840.00 7,245.00 7,245.00 1,008,882.00 7,607.25 7,607.25 1,059,326.10 7,987.61 7,987.61 1,112,292.41
2.2 Equity 875,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.3 Expected Loan 1,530,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Cash Receipts 2,411,900.00 2,467,748.33 3,384,796.67 3,301,886.36 2,418,976.06 3,337,702.76 3,255,154.70 2,372,606.65 3,341,777.45 3,259,609.76 2,377,442.07 3,399,579.17
3.0 EXPENSES
3.1 Staff Salaries 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33
3.2 Operational Cost 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33
3.3 Loan Repayment 0.00 0.00 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64
3.4 Loan Interest 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00
3.5 Bank Charges 61,200.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.6 Other Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 904,991.67 43,791.67 90,155.30 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30
4.0
Cash surplus/Deficit 1,506,908.33 2,423,956.67 3,294,641.36 2,411,731.06 2,328,820.76 3,247,547.45 2,364,999.40 2,282,451.35 3,251,622.15 2,369,454.45 2,287,286.76 3,309,423.87
4.0 Ending Cash Bal 1,506,908.33 2,423,956.67 3,294,641.36 2,411,731.06 2,328,820.76 3,247,547.45 2,364,999.40 2,282,451.35 3,251,622.15 2,369,454.45 2,287,286.76 3,309,423.87

S/Nr ITEMS MTH 13 MTH 14 MTH 15 MTH 16 MTH 17 MTH 18 MTH 19 MTH 20 MTH 21 MTH 22 MTH 23 MTH 24
1.0Beginning Cash Bal. 3,309,423.87 2,427,655.56 2,345,887.25 3,423,638.97 2,542,290.01 2,460,941.05 3,597,088.12 2,716,179.48 2,635,270.84 3,832,733.03 2,952,286.72 2,871,840.41
2.0Cash Receipts
2.1Sales 8,386.99 8,386.99 1,167,907.03 8,806.34 8,806.34 1,226,302.38 9,246.66 9,246.66 1,287,617.50 9,708.99 9,708.99 1,351,998.37
2.2Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.3Expected Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Cash Receipts 3,317,810.86 2,436,042.55 3,513,794.27 3,432,445.31 2,551,096.35 3,687,243.42 3,606,334.78 2,725,426.14 3,922,888.33 3,842,442.02 2,961,995.71 4,223,838.78
3.0 EXPENSES
3.1 Staff Salaries 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33 38,333.33
3.2 Operational Cost 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33 803,333.33 3,333.33 3,333.33
3.3 Loan Repayment 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64 46,363.64
3.4 Loan Interest 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00 2,125.00
3.5 Bank Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.6 Other Charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Expenses 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30 890,155.30 90,155.30 90,155.30
4.0
Cash surplus/Deficit 2,427,655.56 2,345,887.25 3,423,638.97 2,542,290.01 2,460,941.05 3,597,088.12 2,716,179.48 2,635,270.84 3,832,733.03 2,952,286.72 2,871,840.41 4,133,683.47
4.0 Ending Cash Bal 2,427,655.56 2,345,887.25 3,423,638.97 2,542,290.01 2,460,941.05 3,597,088.12 2,716,179.48 2,635,270.84 3,832,733.03 2,952,286.72 2,871,840.41 4,133,683.47