Agricultural inputs for my store

Vida

Suhum, Ghana

100% repaid

Entrepreneur

Name

Vida

Member since

September 2015

On-time repayments

102 installments  •  100%

About Me

I am the fourth child of Mr. and Mrs. Asiamah. I was very intelligent during my childhood days, but unfortunately my parents did not recognize girl child education. Due to that, I was only able graduate Junior high school. After my graduation, I started trading with a loan as capital . I also worked at an agro-chemical shop. I saved and used it as my own capital . I am the sole guardian of four children. Two of them are in the University of Cape Cost in Ghana. The remaining two are in the Senior High School. They all want to be health personnel.

My Business

I sell agricultural inputs such as herbicides, insecticides, fertilizer, knapsack sprayers , cutlasses etc. Due the usefulness of agricultural products to human, such inputs are highly demanded. Also I have been working for an ago-chemical company for over ten years so I have acquired the necessary experience in that field of business . Currently, my only source of capital is the profit I gain which is not sufficient for expansion due to my children school fees. I therefore need an affordable loan.

Loan Proposal

I wish to apply for a loan which will be used to purchase agro chemicals for my store. I'll purchase ten cartons of herbicides at twenty eight dollars per carton. Also I'll purchase five cartons of one litter insecticides at thirty dollars per carton. This will help match the demand for the next agricultural season. Also, I will have have enough to cater for my children education . With this loan, I expect about twenty percent increase in my profit. I hope my loan will be considered. Thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$437.00

Date disbursed

Aug 11, 2016

Repayment status

On Time

Projected term

13 months

Lenders

The Zinc Team

San Francisco, United States

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