Loreen Karokora

The day you understand that life is spiritual, you'll stop doing certain things. Anything that doesn't glorify God, is for the devil. There's unfortunately no middle line. Cc: Makindye SS

What is this? God, Thank you 🙏.

This is almost the same story that I was told before I invested all my savings and a loan in cassava seven years ago. I hired 20 acres in Kabutuukulu- Masindi and planted NASE 14 cassava Variety after convincing me that it was on demand to produce Ngule beer. When harvest time reached, the same buyers who wanted cassava changed story. They now wanted white flour. This required me to buy machinery that processes white flour. Remember, for it to be white, the process has to take a day or two maximum (uprooting cassava, wash, peel, chop, squeeze it to become a cake, then process the cake further into flour, put it in a drier etc) It all required some machines but I was already exhausted financially. I couldn’t afford them. BTW, they even told me that I don’t sell to them directly. I had to sell the flour to a middle man who had a contract with them. I wish they had told me all this before I invested my hard earned money. 🙆😭 On a serious note, I cried. I ended up selling my cassava to traders who bought at their will because I was desperate. That is one of the biggest business losses I have registered in my life. I invested about 30 million as I was told that I would make over 100 million in profits. I got traders from Kireka-Kampala who bought some cassava of about 1 million as they complained that I planted a variety that was not good for food. I left the rest in the garden and never went back. I don’t know what happened with it. My time, my money, the hopes that faded. It took me years to clear the loan and to recover psychologically. In conclusion, it is always a juicy deal before you become part of it.

What advise would give anyone who has got capital but does not know what business to invest in?