Vicky3,

Start up loans in piggery or indeed any venture in my opinion will be difficult to come by, but not imposible. Though it looks like the current federal government is going to be very supportive of agricultural ventures, but the issue is that banks are more disposed to giving loans to existing businesses with track record of success who want to grow biggger. In talking to some farmers during my recent trip to Nigeria, i gathered that banks give agricultural loan for about 9% per year which is pretty good if one can get it. First Bank was mentioned as an example and i actually saw the approval for some miilions at 9% from FCMB. The issue is that these are already well established farmers. In my experience, venture capitalist loans are easily gotten from family and friends.

What is the general take of the well established farmers in the house?

Jessam,
You are absolutely right. We are a growing farm and should hopefully within the next year or so be in a position to influence both the buyers and co farmers. The cost of feeds, buying breeder stock and other associated cost are constantly rising so the sales price must also increase if we are to remain in business. One of the ways to ensure that farmers get adequate return for their investment and efforts is for us all to network both at the local and national levels.

Good to hear that live weight is now N350/kilo in Otta area. It just increased to about N320/Kilo in Ijebu Ode area.

Hello fellow pig farmers,

Anyone with experience about importation of pig equipments from China? I am looking at placing some order for Tips and want to know if anyone has done such a thing before or any other item. What are the potential issues etc