Business plan for selected oil palm(Elaeis guineensis) - Saba Dewanou - Bog

This micro-project, entitled "Production and marketing of selected oil palm seedlings (Elaeis guineensis) in the commune of Allada", is an agricultural enterprise. Called "La PERSÉVÉRANCE" by the local population.The total cost of the micro-project is 11,157,190 CFA francs, of which 4,749,690 CFA francs (42.57% personal contribution) and 6,407,500 CFA francs (57.43% borrowed) will be committed to the Fond National pour la Promotion de l'Entreprise et de l'Emploi des Jeunes (FNPEEJ) at an interest rate of 5%, repayable over five (05) years in constant annual instalments.The operating results of the said micro-project amount to 4,671,310 FCFA in the first year, 5,619,185 FCFA in the second year, 6,476,167.5 FCFA in the third year, 7,249,648.25 FCFA in the fourth year and 8,455,357.08 FCFA in the fifth year.