0% found this document useful (0 votes)
97 views7 pages

Plan 222

GreenHarvest Maize Farm is a proposed small-scale maize farming business in Iringa, Tanzania, with a capital investment of TZS 10 million aimed at cultivating 5 acres to generate an estimated revenue of TZS 15,750,000 in the first year. The business will utilize modern farming techniques and strategic marketing to achieve a net profit of TZS 4,550,000. The plan includes a detailed market analysis, production plan, financial projections, and risk mitigation strategies to ensure sustainability and profitability.

Uploaded by

sahiljohnjohnson
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
97 views7 pages

Plan 222

GreenHarvest Maize Farm is a proposed small-scale maize farming business in Iringa, Tanzania, with a capital investment of TZS 10 million aimed at cultivating 5 acres to generate an estimated revenue of TZS 15,750,000 in the first year. The business will utilize modern farming techniques and strategic marketing to achieve a net profit of TZS 4,550,000. The plan includes a detailed market analysis, production plan, financial projections, and risk mitigation strategies to ensure sustainability and profitability.

Uploaded by

sahiljohnjohnson
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

# **Professional Business Plan for Maize Farming in Iringa, Tanzania (2025)**

## **Cover Page**

**Business Name:** GreenHarvest Maize Farm

**Location:** Iringa, Tanzania

**Owner:** [Your Name]

**Contact:** [Your Email/Phone]

**Date:** [Insert Date]

**Capital Investment:** TZS 10,000,000

---

## **Executive Summary**

GreenHarvest Maize Farm is a small-scale maize farming business in Iringa, Tanzania, leveraging fertile
land and favorable climate conditions to produce high-quality maize for local and regional markets. With
a capital investment of TZS 10 million, the farm aims to cultivate 5 acres of maize, generating an
estimated revenue of TZS 15,750,000 in the first year, with a net profit of TZS 4,550,000. The business
will adopt modern farming techniques, efficient cost management, and strategic marketing to ensure
profitability and sustainability.

---

## **Project & Owner Introduction**

### **Owner Background**

[Your Name], an experienced farmer/businessperson with [X] years in agriculture, aims to establish a
profitable maize farming enterprise in Iringa.

### **Business Structure:** Sole Proprietorship


### **Location:** Iringa (fertile soil, reliable rainfall, proximity to markets)

### **Farm Size:** 5 acres (leased at TZS 200,000/acre/year)

---

## **Products/Services**

- **Main Product:** Dry maize grains (sold to wholesalers, processors, and local markets)

- **By-Product:** Maize stalks (sold as animal feed or used for compost)

- **Target Market:** Local traders, milling companies, and regional markets

---

## **Market Analysis**

### **Demand:**

- Tanzania’s maize consumption is growing due to population increase and food demand.

- Iringa supplies maize to Dar es Salaam, Dodoma, and neighboring countries.

### **Competitors:**

- Small-scale local farmers and large commercial farms.

- **Competitive Advantage:** Better farming techniques, cost efficiency, and direct buyer relationships.

### **Pricing (2025 Projections):**

- Farm-gate price: **TZS 900/kg** (dry maize)

- Wholesale price: **TZS 1,050/kg**


---

## **Marketing Plan**

### **Sales Strategy:**

- Sell directly to local traders and wholesalers.

- Partner with milling companies (e.g., Azam Mills).

- Use local markets (e.g., Mafinga, Dar es Salaam).

### **Promotion:**

- Word-of-mouth marketing.

- Networking with agro-dealers and cooperatives.

---

## **Production Plan**

### **Land Preparation & Planting (5 Acres)**

| Activity | Cost (TZS) |

|------------------------------|------------------|

| Land lease (5 acres) | 1,000,000 |

| Ploughing & harrowing | 500,000 |

| Seeds (20 kg/acre @ TZS 5,000/kg) | 500,000 |

| Fertilizer (DAP & CAN) | 1,500,000 |

| Pesticides & herbicides | 500,000 |

| Labor (planting & weeding) | 800,000 |

| **Total Production Cost** | **4,800,000** |


### **Expected Yield:**

- **2,500 kg/acre** (average in Iringa)

- **Total Yield:** 12,500 kg

- **Revenue (TZS 900/kg):** **TZS 11,250,000**

---

## **Management Plan**

- **Owner:** Oversees operations and finances.

- **1 Permanent Worker:** TZS 300,000/month (harvesting period).

- **Casual Laborers:** Hired during planting/weeding/harvesting.

---

## **SWOT Analysis**

| **Strengths** | **Weaknesses** |

|------------------------------|-------------------------|

| Fertile land in Iringa | Dependence on rainfall |

| High local demand for maize | Price fluctuations |

| **Opportunities** | **Threats** |

| Export to neighboring countries | Pests/diseases |

| Contract farming with millers | Drought risk |

---
## **Financial Plan (TZS)**

### **Startup Costs (TZS 10,000,000)**

- Land lease: **1,000,000**

- Seeds, fertilizer, pesticides: **2,500,000**

- Ploughing & labor: **1,300,000**

- Contingency fund: **1,200,000**

- Miscellaneous: **4,000,000** (working capital)

### **Revenue & Profit Projection**

| **Item** | **Amount (TZS)** |

|------------------------|------------------|

| Total Production Cost | 4,800,000 |

| Total Revenue (12,500 kg @ 900/kg) | 11,250,000 |

| **Gross Profit** | **6,450,000** |

| **Operating Expenses** (labor, transport, storage) | **1,900,000** |

| **Net Profit** | **4,550,000** |

### **Break-even Analysis**

- **Break-even Yield:** ~5,333 kg (to cover TZS 4,800,000 costs at TZS 900/kg).

- **Profit Margin:** ~40%.

### **Cash Flow (First Year)**

- **Initial Investment:** TZS 10,000,000

- **Revenue:** TZS 11,250,000


- **Net Cash Flow:** **+TZS 1,250,000** (after covering costs)

---

## **Implementation Timeline**

| **Month** | **Activity** |

|-------------|-----------------------------|

| Jan-Feb | Land leasing & preparation |

| Mar | Planting |

| Apr-Jun | Weeding & fertilizing |

| Jul-Sep | Pest control |

| Oct-Nov | Harvesting & selling |

| Dec | Financial review |

---

## **Risks & Mitigation**

| **Risk** | **Mitigation** |

|-----------------------|------------------------------------|

| Drought | Use drought-resistant seeds |

| Price fluctuations | Contract farming with fixed prices |

| Pests/diseases | Regular monitoring & spraying |

---
## **Conclusion**

With TZS 10 million capital, GreenHarvest Maize Farm can generate **TZS 4.55 million net profit** in
the first year. By optimizing costs, ensuring good yields, and securing reliable buyers, the business is set
for growth and sustainability.

**Next Steps:** Secure land, purchase inputs, and begin planting in March 2025.

---

**Prepared by:** [Your Name]

**Date:** [Insert Date]

This plan is realistic, based on current maize prices and farming costs in Iringa. Adjustments can be made
based on actual market conditions. 🚜🌽

You might also like