How Investing In Rural Mbaise Can Benefit Businesses
Investing in Umuohuo, a community in rural Mpam in Ahiazu-Mbaise LGA of Imo State, Nigeria, can be a very lucrative and rewarding decision for individuals and businesses.
Mbaise is located in close proximity to larger cities such as Umuahia, Owerri, Port Harcourt, and Aba, making it a prime location for businesses to set up operations and take advantage of the lower cost of production in the rural area while still being able to easily export to the nearby cities.
Mbaise has Arable Lands for Farming
One of the main industries that can thrive in Mbaise is agriculture. The community has fertile land that is suitable for a variety of crops and livestock, including pawpaw, plantain, bananas, coconuts, cashews, shawashop, lime, and achicha trees. Investing in these crops can be a very profitable venture, as the yield can be massive with the use of good seedlings and proper spacing. Additionally, the short yield time for many of these crops means that investors can see returns on their investments in a relatively short period of time.
Mbaise Cash Crops Ideas
In Mbaise, there are several crops that can be planted and thrive in the rural setting. These crops include:
Pawpaw/Papaya Trees
Pawpaw trees are a great option for those looking to invest in Umuohuo as they have a relatively short yield time and give multiple yields per year. To ensure success, it is important to source for good seeds and invest in agric species that have a shorter yield time. One-time labor is all that is needed to plant and maintain pawpaw trees, as they do not require regular weeding and most unwanted plants are destroyed during harvesting activities.
Plantain or Banana Trees
Plantain and banana trees are also a good option for those looking to invest in Umuohuo or other communities in Mbaise. These trees require two to three times labor and once they are established, they can be left to flourish with minimal maintenance. Harvest can be done by anyone in the community, making this a great option for those looking to involve their friends and relatives in their investment.
Coconut Trees
Coconut trees are another profitable option for those looking to invest in Mbaise and with a longer ROI plan. It is important to source for good agric species, as the local type grows too tall and takes longer to yield. With proper planting and good seeds, the yield from coconut trees can be quite substantial.
Cashew Trees
While cashew trees may not be as lucrative as the other options listed, they are still a good choice for those looking to invest in Mbaise. Good seeds will greatly reduce the yield time for cashew trees and the community is sure to appreciate the gesture when the trees start yielding.
Shawashop, Lime or Achicha Trees (aka Monkey Kola)
These trees are a great option for those looking to invest in Mbaise as they take up less space and have a shorter yield time compared to mango and pea trees. With good seeds and proper spacing, these trees can yield massive results in a short time.
Livestock Farming Thrive in Mbaise
Another industry that can benefit from the rural setting of Mbaise is livestock farming. The community has a large number of people living below the poverty line, and investing in livestock farming can create jobs and provide a source of income for these individuals. The close proximity to larger cities also means that there is a ready market for the sale of livestock and livestock products.
Mbaise is a Hotel & Hospitality Hub
In addition to agriculture and livestock farming, there are also a number of other industries that can thrive in Mbaise. These include small businesses such as restaurants, hotels, and stores, as well as larger businesses such as manufacturing and processing plants. The community is home to a number of natural resources, including water and solar energy, which can be harnessed to power these businesses and keep operating costs low.
Mbaise especially comes to life during festive periods and burial ceremonies, which often draw large crowds and create a demand for hospitality services. However, the current supply of these services is not enough to meet the demand, making it a great opportunity for investment in this area.
Renewable Power Solutions
One potential business opportunity is in the field of renewable energy. Companies like MTN have had great success selling low-capacity MTN Lumos kits to small businesses who need to keep their laptops and mobile devices charged. These kits utilize solar energy to provide a sustainable and reliable source of power.
There is a high demand for sustainable energy solutions in Mbaise, especially during festive periods and burial ceremonies, when the community sees an influx of visitors. Hospitality services are not always able to meet the demand for power during these times, making it a prime opportunity for businesses to provide a more reliable and sustainable solution to individuals and small to medium enterprises (SMEs). By offering a range of renewable energy products and services, businesses can tap into this demand and create a successful and profitable venture in Mbaise.
Conclusion
Investing in Mbaise can be a very rewarding decision for individuals and businesses. The region has fertile land, a large number of natural resources, and is located in close proximity to larger cities, making it a prime location for a variety of industries to thrive. By investing in Mbaise, individuals and businesses can not only see a return on their investments, but also contribute to the development and growth of the community.
