Add inventory of fertilizer sprayers to my farm supply shop

Obeng

Berekum, Ghana

23% repaid

Entrepreneur

Name

Obeng

Member since

January 2015

On-time repayments

150 installments  •  33%

About Me

My name is Obeng Mireku Jnr. I am a native of Kwahu Mpraeso in the Eastern Region of Ghana but I reside in Berekum in the Brong Ahafo Region. I am a second born of the Christian families of Mr. Patrick Obeng Mireku and Mad. Paulina Sakyiwaa Dankwa. I had both Basic and Secondary education in the Brong Ahafo Region. I had my Tertiary education at the Kwame Nkrumah University of Science and Technology, Kumasi where I obtained my Bachelor of Science Degree in Mathematics. Currently, I teach Mathematics at Don Bosco Technical Institute, Odumase and also own an Agro Chemical Shop in Berekum in the Brong Ahafo Region of Ghana.

MY HOBBIES: Swimming, Playing guitar and solving mathematical problems.

My Business

Growing up as a young boy in farming community, I naturally developed the love for agriculture and from childhood till now, I have been involved in the cultivation of food crops. My long life dream of becoming an entrepreneur motivated me to start an agro chemical shop in Berekum after my national service with the help of my father. I did a survey in my area and realized that most of the farmers in my community are gradually changing from the traditional method of using just hoes and cutlasses in farming and have embraced the modern trends of cultivating on large scale, which can be made possible through the use of machinery and agro chemicals.
However, the few agro chemical shops that were available at the time were into what I term as “just buying and selling” without educating our farmers, most of whom are illiterates on the right and appropriate procedures on how to use these chemicals they sell to them.
My passion to offer quality and better services to farmers in my locality so that the chemicals they use in farming wouldn’t have any adverse effect on consumers led to me opening an agro chemical shop in 2009. The name of my shop is FARMGATE AGRO CHEMICALS, located off the Berekum – Dormaa road and opposite the Barclays Bank.
After the necessary education and equipping myself with the necessary knowledge concerning the application and use of agro chemicals and use of farm implements and machinery, I employed one person to help me manage the shop and he takes charge when I am not physically present.
I am now able to support my family and other ventures I enter into due to the proceeds I earn from my Agro chemical shop.

Loan Proposal

I thank lenders for your support so far for improving and helping me serve my community members well. After my first, second and third project, I must admit that the loans have been very helpful. I am requesting for this fourth loan to enable me add motorized sprayers to the items I sell at my agro-chemical and input shop. Prices of motorized sprayers is between $290.00 - $395.00 depending on the brand. With the requested amount, I can buy an average of two. From the little survey that I have done, I believe I should be able to sell at least one motorized sprayer in a month. Each sprayer will give me an average profit of $27.00. Since I would be repaying the loan over a period of 5 months, I intend to save the profit I will make over the period so that, after the loan has been fully paid, I can use the profit to continue buying motorized sprayers for my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$799.00

Date disbursed

Oct 29, 2015

Repayment status

Late

Projected term

28 months

Lenders

Pranjal

Noida, Kenya

A

Anninymouse

Southampton, United Kingdom

X

xander

Plainfield, Vermont, United States

K

Katpjotr

Sint-Maria-Oudenhove, Belgium

W

WilsonLending

Atlanta, United States

J

Jason

New Jersey, United States

mbunifu

San Jose, United States

BrassHat

Boston, United States

eagle3

Grand Ledge, United States

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

NhinSD

San Diego, United States

P

peterczech

Farmingdale, United States

lorrymac

Killough, United Kingdom

C

cgrumboski

Atlanta, United States

LadyofHats

Hamburg, Germany

T

tommy0579

Salt Lake City, UT, United States

T

Tallago3

Munich, Germany

BethaniK

Washington, United States

P

paradoqs

boulder, United States

R

Roman

Barcelona, Spain

Zidisha

Sterling, United States

michellev

Melbourne, Australia

AnnaChristina

Pittsburgh, United States

M

mogensh

København V, Denmark

P

psimeon

Palo Alto, United States

C

cjmenchaca

Austin, United States

tmisch

San Jose, California, United States

RebeccaNie

Palo Alto, United States

Catherine68

Boyle, Ireland

J

Joyful

Philadelphia, United States

S

smithman234

port hope, Canada

J

JohnSmith

Louisville, United States

M

mason243

Denver Colorado, United States

J

Jennifer

Minneapolis, United States

B

briansedz

Canton, Ohio, United States

L

Ladysmom

Dallas, United States

J

jasonbronowitz

Tempe, United States

eaganlender

Kalamazoo, United States

C

chrisherron

Chicago, United States

F

farwest

Alamo, United States

indeh

London, United Kingdom

J

JoycaLeplae

Gent, Belgium

A

Alexandre

Sherbrooke, Canada

J

JandC

Watsonville, United States

DLarson

Morris, United States

A

Aleks

Oslo, Norway

Z

Zippo

Berlin, Germany

D

duckdork

De Forest, United States

Blosoya

Washington, DC, United States

E

ebronken

Oslo, Norway

R

robandcasey

JOHNS ISLAND, United States

D

danderson1953

Plainsboro, United States

D

davide

Vallentuna, Sweden

AdvancingCompassion

San Diego, United States

N

nanax005

SALEM, United States

J

JoeSolar

Virginia, United States

T

tuttifrutti

tulare, United States

M

Mark

Melbourne, Australia

R

RealUtopia

San Diego, United States

S

silsley

Cheltenham, United Kingdom

dhulsterwim

LIER, Belgium

swendl

Iowa, United States

E

eboleaga

Mexico City, Mexico

S

spesalvi

Houston, United States

rfriedenberg

New Jersey, United States

K

Klemens

M, Germany

V

Valis

Singapore, Singapore

M

MelllowMel

Canmore, Canada

D

dannimw

Victoria BC, United Kingdom

A

Arnfinn

Aasgardstrand, Norway

rhagen

New York, United States

T

TurgayAlihos

SOUTHBANK, Australia

A

Andrew22

Hopewell PA, United States

Bobrm2k3

Charleston, United States

N

NLArjan

Leiden, Netherlands

Winona

Yakima, United States

TimK01

gfhj, Moldova

M

Marod

Edmonton, Canada

E

erlingre

Sør-Fron, Norway

tswickrama

Orlando, United States

D

dpvidal

Eindhoven, Netherlands

H

Harmony

Cleveland, United States

B

bonndan

Bonn, Germany

silyara

United States

B

BigWillie

Belfast, United Kingdom

H

HobbyCollector

Beach City, United States

lemonadestand

Brisbane, Australia

R

run426

DeBary, United States

S

SnifferTheBunny

Brighton, United Kingdom

G

Galbania

Toowoomba, Australia

ibc123

Seattle, United States

M

magnaculpa

Silver Spring, United States

barthez

Hamm, Germany

M

Michiel

Zoetermeer, Netherlands

Jamesaubrey

Norman, United States

B

BearLa

Indianapolis, United States

zZola

Gilford, United States

M

mark3339

San Diego, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

Franky

London, United Kingdom

SP

Scott Palmer

branford, United States

Garry Tan

San Francisco, California, United States

I

ImSirFing

United States

D

dajja

Stockholm, Sweden

T

thebonseung

Republic of Korea

Shemuel

New Jersey, United States

I

ibd267

Ambler, United States

Arjan Geven

Vienna, Austria

C

chrishol

United States

D

DCLending

United States

T

tlbtlbtlb

United States

araidia

United States

Aaron85

Knoxville, United States

J

Jonas

Linköping, Sweden

Jonas

Brussels, Belgium

E

electrolite

United States

T

theironbank

United States

C

CRR7x

United States

C

ConanGreer

United States

N

NateKettles

South Africa

P

phantomdiver

United States

H

Heroofcanton

United States

A

Ansgar

Australia

J

JDerrig

Downers Grove, United States

poorinvest

Sandefjord, Norway

V

Vilius

United Kingdom

K

Kimbo

Vietnam

D

davecas

United States

C

condo86

United States

S

sarah4d2

Saint Louis, United States

atallman

London, United Kingdom

SimonD

Lincoln, Uk, United Kingdom

D

DaddyBubba

Grandview, United States

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

L

luckiestmonkey

United States

B

blambert

United States

V

vrothba1

United States

A

AnaisN

United States

R

rwebb

United States

Mun

Orlando, FL, United States

P

pfeng

United States

T

tehmle

United States

Grant Xavier Storer

Seattle, Wa, United States

S

shivasj

United States

R

reganbrian

United States

Hoops

United States

M

Medagan

San Franciso, United States

A

aajmp

United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

S

satheajay

United States

D

dh1423

United States

G

Gfunkey

United States

I

irela

United Kingdom

C

cocolo

United States

adrianz

United States

H

hayek

Stuttgart, Germany

M

Millie_and_Babs

United Kingdom

B

beegkitty

United States

L

LondonTown

United Kingdom

K

Kebrenagast

New York, United States

R

rokbe

Netherlands

M

mcgeefamilyny

United States

Andrew267

Birmingham, United Kingdom

P

Paul

United States

S

seanos

Nottingham, United Kingdom

SuperMario28

Cudahy, United States

I

ipartola

United States

F

Foster

United Kingdom

lottospots

Reading, United Kingdom

Matthias Schulz

Berlin, Germany, Germany

reluck

Marseille, France, France

A

andreab

United States

J

Jack123

United States

S

Stephan

Netherlands

JP

James Parker

Sacramento, United States

Martin Ward

Leicester, United Kingdom

RJ

Ryan J Cotton

United States

stephen sontag

Narragansett, United States

VS

Vajean Stan

Mangalia, Czech Republic

Michelle

Sydney, Australia

Enit

Luleå, Sweden, Sweden

S Masler

Tennessee, U.S.A., United States

UD

Ulf D

Frankfurt am Main, Germany

M

Marco

Germany

Frank Termathe

Frankfurt Main, Germany

E

Erich

Zurich, Switzerland

D

Doug

Baltimore, United States

S

Sebastian

Dortmund, Germany

M

Marcus86257

United States

P

PC

United States

Jeroen Decock

Gent, Belgium

MJ

Matt Jenkins

United Kingdom

A

Andreas

Munich, Germany

Lauren

United Kingdom

M

mmartin

United States

LB

Lily Bentley

United Kingdom

AP

Adam Peterson

United States

R

Robert

Berlin, Germany

Zain Haq

Chicago, United States

Gerald Sporbert

Chemnitz, Germany

Jerome

Switzerland

S

Steve

United States

JC

Jane Cohen

United States

MW

Matt Willis

United States

P

Patty

Colorado Springs, United States

Thomas

Basel, Switzerland

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

PT

Pattie Thomas

United States

DN

Don Nichols

United States

Elly

Woudrichem, United Kingdom

Jason Ogg

New Zealand

Regina

Charlotte, North Carolina, United States

jtreyes

United States

H

Hakon

Drammen, Norway

GF

Grace Franco

United States

Herbert Morin

United States

Kristina Speed

Seattle, WA, United States

KW

Kevin Wehber

United States

BS

Bart Sturm

Amsterdam, Brazil

Francoise Kuenzi

Neuchâtel, Switzerland

SK

Sunghwan Kim

Republic of Korea

MA

Mary Art Hunt

United States

YG

Yann Graf

Netherlands

B

Beth

United States

Jack Doolan

Newcastle, United Kingdom

NF

Nina Forsberg

Sweden, Greece

J

jojo

Germany

V

Vantine

United States

R

Ryan

United States

JB

James Bowen

United States

BV

Ben Veal

United Kingdom

H

hawkins

United States

F

Fleurnegra

United States

Jeremy

Washington State, United States, United States

V

Vivek

Arlington, VA, United States

Eugen Stamm

Zurich, Switzerland

LL

Logan Lenz

United States

metab

Estados Unidos, Hong Kong

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