Cashew plantation loan

Samuel

Sampa, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Samuel

Member since

July 2019

On-time repayments

15 installments • 53%

About Me

My name is samuel kwasi, a ghanaian
A young enterpreneur and cashew farmer. I have been in the cashew farming for about 27 years, I deal with the growing of cashew and also gather a lot of cashew nut from my acres of land. I am also a livestock farmer, varieties of farm animals I rear including Guinea fowls, ducks, turkeys, hens, etc. I am someone who is in need of financial assistance to enable me expand both my cashew plantation and my livestock farming. I engage a lot of both human and material resources which involves a lot of capital, am much interested in my business because it is yielding a lot of results of which am proud of, and always wants to maintain and make adequate progress with the assistance of my lenders.

My Business

Income source from cashew and livestock. As mentioned earlier a young entrepreneur, my business produces the underlisted :
In the year I accumulate about 309 bags of cashew, of which am still clearing 106 acres of land to expand the cashew plantation
With my livestock farm, currently I sells 95 ducks every month,89 guinea fowls, hens 167 and 107 Turkeys. Family members and friends helps me a lot in the farm after which when I make sales every month I paid them, but I want to establish more workers to help in the progress of the work as well as to decrease workload on my workers. All with this it involves a lot of money of which I have started to get assistance from zidisha, and I hope it will go a long way to gave the necessary help to enable me continue with my bussiness

Loan Proposal

My loan will be used to aid me finance my cashew plantation needs, that involves hiring labours to help clear the land and also buy insecticide to sprays the cashew plants, to prevent the seedline spoilage by insects, all will help produce larger output, part will be use to help in buying feeds for my livestocks of which I am looking forward to expand the number of the various varieties that I currently have including the ducks, hens, guinea fowls and turkeys.