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Haulage (Dump Trucks)

Amount Required:

$25,125.63

Other Resources Required

Finance to buy 2 dump trucks

Project Description:

Breakdown of How It will Work.
There will be 2 options.

(1) PARTNERS
(2) INVESTORS

Key : (# = Nigerian Naira)

PARTNERS
The profit is shared in % of how much was invested.

If Investor A invests #1,000,000, investor B invests #500,000 and investor C invests #100,000. Total = #1,600,000. So #1,600,000 divided by 100 = #16,000

This means that Investor A’s investment is 62.5% of the total investment, Investor B’s investment is 31.25% of the total investment while investor C’s investment is 6.25%.

20% of the profit is set aside for maintenance, Tax and other expenditure.

For Example,

If the profit for the month is #1,000,000.
#200,000 is set aside for Maintenance, Tax etc making #800,000 available to shared amongst Partners.

So
Investor A will get #500,000.
Investor B will get #250,000
Investor C will get #50,000

INVESTOR

The Investor is given an agreed fixed % of invested funds as ROI (Return on Investment) monthly. This investor is also free to withdraw the principal fund invested over an agreed period of time.

Example

If the agreed ROI is 5% monthly of invested funds, and the principal refunded after 10 months.

If #500,00 was invested, then the investor gets #25,000 monthly and #525,000 at the end of the 10th month.


About Project Owner

saintpatrics

resides in Nigeria.


Project Submitted: March 5, 2014

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