Buying water pump machine for my farm

Ronald Kyere

Berekum, Ghana

100% repaid

Entrepreneur

Name

Ronald Kyere

Member since

February 2015

On-time repayments

199 installments  •  83%

About Me

I am kyere Ronald.I started schooling at AKAB Complex School, continued at Berekum secondary school, completed and continued at tertiary Stage.
I am working as a sole proprietorship as farmer. I entered into farming in the year 2013 with some capital of about $500 with two workers who are being paid monthly.

My Business

NURSERY OF COCOA SEEDS
When finished second cycle, I was gingered to farm. looking at my community I opt for nursery of cocoa seeds simply because, majority of people living in these area are cocoa growers. They have rich lands for agriculture .Many of them choose to grow cocoa. I use that opportunity to start to cocoa seeds nursery. Few people were doing that and during the farming season cocoa seedlings become scarce. I was able to produce 3000 cocoa seedlings in my first year.surprisely; people were chasing me for it. Now, I am able to produce 300000 cocoa seedlings throughout the year.Some of the challenges associated with the cocoa nursery include; ordering of the cocoa seeds, nursery site/space/shade, potting/polybag filling, planting seed, watering, and pest and diseases control.

THANKS TO LENDERS.
I give thanks to all the Zidisha lending groups and the individual lenders who made my dream came into reality.
May God bless and fill all their sources of income so that they may get some to finance the needy ones like me.

Loan Proposal

Please if you consider me and given this $100 loan, I am going to use it to purchase cocoa seeds and nursery bags so that I can increase the number of cocoa seedlings I am producing. I want to satisfy all my customers and this will help increase my income in other to continue with my education too. I am therefore pleading with Lender to support my project. Thanks for your help

Feedback

14

None

None

  • guenter    Apr 7, 2017

    Congratulations!!

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  • Dean Suminski    Mar 18, 2017

    Congratulations on repaying your loan! I think I will have a cup of cocoa to celebrate.

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  • Flipmore    Mar 17, 2017

    Ronald has fully repaid his loan, on time, and with very good communication. He is an excellent role model.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$111.67

Date disbursed

Feb 23, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $111.67 at 3.52% annual rate over 1 month = $0.52

Service fee: $0.38

Lenders

P

Philippe

Adliswil, Switzerland

dlpringle

Denver, United States

mole333

Brooklyn, United States

mepster

San Francisco, Ca, United States

M

Malte

Munich, Germany

Cathy

Melbourne, Australia

Glenn K

Victoria, Canada

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