Buying tools and chemicals for my mango farm
Ibrahim
Kumasi, Ghana
100% repaid
Entrepreneur
Name
Ibrahim
Member since
March 2015
On-time repayments
48 installments • 63%
About Me
I was born in a community where things were very difficult for me at a younger age, but due to hard work and determination, i was able to go through my basic education and now i have completed secondary education .While in school, i started doing an Agric business in a small scale.Though life was very hard for me, i still tried my best to overcome hardship b y doing the business. . In fact it is my hope to become a best farmer and be able to employ people to work.
My Business
I am a Farmer has three hectares of MANGO farm in my community .I currently have ten workers. I always try . In fact i chose to do this work because , after my secondary education there was no money to continuous my education and i went into the Agric business. I make small revenue from my business because i do not get money to buy chemicals and other tools for my farm. I sell my products to peoples who need mango as raw materials for their industries and for direct consumption. In fact i make small revenue out this work because of lack of equipments and chemicals spray the farm. I intend reinvesting any money i get into my business.
Loan Proposal
This loan when funded, will be use to buy new machine which costs $150, Chemicals which also cost $80. some of the money when funded will be use to buy tools such boot protective gears and others which may also cost $100. In fact it is my hope that, this loan when funded can help me to expand my business and increase my revenue generation . It will help me to employ my community members to work in my farm in other for them to get some income for their daily lives. Also when this loan is funded,will help increase my current profit level to a high profit margin.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 26, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United Kingdom
Summary
Amount repaid
$122.00
Amount remaining
$0.00
Date repaid
Jun 23, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 5, 2015 | $10.00 | Apr 5, 2015 | $10.00 |
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $3.33 | Apr 18, 2015 | $3.33 |
| Apr 26, 2015 | $3.33 | Apr 18, 2015 | $3.33 |
| May 3, 2015 | $3.33 | May 5, 2015 | $3.33 |
| May 10, 2015 | $3.33 | May 13, 2015 | $3.33 |
| May 17, 2015 | $3.33 | May 25, 2015 | $3.33 |
| May 24, 2015 | $3.33 | May 25, 2015 | $3.33 |
| May 31, 2015 | $3.33 | May 25, 2015 | $3.33 |
| Jun 7, 2015 | $10.00 | May 30, 2015 | $10.00 |
| Jun 14, 2015 | $10.00 | May 30, 2015 | $10.00 |
| Jun 21, 2015 | $10.00 | Jun 16, 2015 | $10.00 |
| Jun 28, 2015 | $10.00 | Jun 16, 2015 | $10.00 |
| Jul 5, 2015 | $10.00 | Jun 16, 2015 | $10.00 |
| Jul 12, 2015 | $10.00 | Jun 16, 2015 | $3.33 |
| Jun 23, 2015 | $6.67 | ||
| Jul 19, 2015 | $10.00 | Jun 23, 2015 | $10.00 |
| Jul 26, 2015 | $18.67 | Jun 23, 2015 | $18.67 |
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