Customer Account Name Branch EFFURUN

IGBERAESE SAMUEL

Diamond BusinessXpress Account number Phone number 08063497052 /07095430691

Date of submission Loan Amount Requested 1. -

N1,500,000.00 (One Million Five Hundred Thousand Naira Only)

Business objective (brief information on business purpose) not more than 50 words To produce diary product for the General Public To be a force to be reckoned with in poultry farming To be a market leader in frozen poultry products within Delta State and beyond

2.

Business Operating Environment/Overview (please provide details on operating environment and competitive advantage) not more than 100 words

There are so many producers of poultry product but they have not met the consumer demand. More people still request for the eggs on daily basis. People tends to book for egg because produce to demand is on low ebb. Our coming into this sector would help bridge the gap as well

3. Products or Services offered (please give brief description of your product or service The production of egg would help meet the customers demand for protein has they can get them readily available The reliance on imported poultry product will be reduced as our farm would produce frozen poultry product.

4.

Overall business strategy (please state how you will enter/penetrate the market, how you will communicate with your customers and how you will get your product or service to your customers) not more than 200 words

Marketing is core value of any business. We have already identified sales outlet of frozen poultry product and would collaborate with them We would also engage in radio and television advert to create awareness of our existence We could at first instance be involved in door to door delivering of the product as away of encouraging our customers 5. Management Team: (Name maximum of 3 key officers, their skills or experience and To roles) not more than 100 words in total their have acompetitive advantage over our peer we would undertake road shows especially when the farm commences the production frozen chickens

5.

Management Team (Name maximum of 3 key officers, their skill or experience and their roles) not more than 100 words in total
1.

IGBERAESE SAMUEL holds a B.Sc Accounting from ABU, ZARIA was working in Dimjogs fish farm as accountant before joining United MFB Ekpan as Head of Admin / MIS in 2007 to date and would manage the farm on part time basis. OGUNDIPE ADETOBA ISAIAH holds OND Animal production from College of Animal Production IIorin. He has more than 5 years working experiencing in poultry Production with JOMA farm Limited, Warri. He would be the farm manager.

2.

Find attached Cash Flow statement and Profit & loss forcast for two(2) years Tenor for the facility is two years. Provision of 20% inflation has been allowed on the cost of production while the sales value remains constant. We also see that 1 6 month there would be no sales so the sales would be received from the seventh month at 50% production rate. The amount so requested would bring 1000 birds to point of lay.