Clearing new land and transplanting peppers

Amindin

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Amindin

Member since

January 2016

On-time repayments

168 installments  •  41%

About Me

Life in my village was never easy at all because they were just peasant farmers,only 5% were educated.just a few knew the importance of education.though my father is not educated but he was able to finance my primary education, then I had to also struggle from there along side with farming. In 2000 I completed my primary education and proceeded to Junior high and completed 2004,from there I qualified to further in senior high and completed 2007.Life was not easy in terms of paying feed and what to eat,but by his grace I managed to further to tertiary and completed in 2014.where I live now about 70% are farmers and mostly Christian. I like swimming and reading story books. My child want to be a doctor

My Business

Farming is my business, I farm pepper, maize and yam,this business is wealth because every eat and for that matter people like maize, pepper, yam,so the demand is high.I really like farming because the goods are highly in demand and there is profit in it.you will never loose in farming. The cost depend on how large or small you want it to be,my cost is about 600 to 1000$ on one particular farm.what ever I spent my interest is 100% or even more especially the pepper.I use the profit to pay my accomodation, and home utility bills.the remaining profit is use to continue the business

Loan Proposal

I need this load to take labourers to clear and transplant pepper on a new land of five hectares.Clearing of five hectares is $90 and transplanting is $ 95
It creates employment to others because more labourers are employed, once the farm is expanded more yields will generate to meet the demand. My profit will increase to 100% plus.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Nov 21, 2016

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

R

RMIM

United States

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