Chestos Agrtech


Logo :
Project owner's name :
Mr Dennis Chester
Country of deployment for the project :
Liberia
Sector :
Agriculture
What problem does your company want to solve? :
The lack of economic empowerment opportunities for women and youth in the country coupled with the lack of access to finance for youth-led investment in agriculture which is the foundation for growth
What solution does your company provide? :
I aimed to assist in stabilizing the exchange rate and also create economic opportunities, market access, and improved income for farmers and support the food security objective of the government.
Describe your project :
This is a business plan to show the credibility and possibility of the development of a plantain plantation in Boe Tuonwea which will produce plantain fruits that will be sold to commercial markets and factories for further processing. The location was chosen based on its size and the viable loamy soil possessed and due to the previous successful agricultural activities that had taken place beforehand. The project itself requires low capital and almost every soil in Nimba is good for plantain as research has shown. Plantain is chosen as the crop to be produced based on the fact that it is a staple food that is very popular in tropical regions. It is the tenth most important foot staple that feeds people of all races around the world. Plantain is treated in much the same way as potatoes and it comes with a similar natural flavor and texture when the unripe fruit is cooked by steaming, boiling, or frying. Plantain produces fruit all year round, which makes the crop a more reliable all-season staple food, particularly in developing countries like Liberia, within adequate food storage. In Africa, plantains and bananas provide more than twenty-five percent of the carbohydrate requirements for over seven hundred million people. This will provide employment opportunities for more than 40% of the women and youth in the area. thereby giving sizable income streams and new economic opportunities.