Cocoa nursery project & purchasing of building plot

Georgina

Techimantia, Ghana

7% repaid

Entrepreneur

Name

Georgina

Member since

July 2016

On-time repayments

152 installments  •  75%

About Me

My name is Georgina Ansere. I was born on 7th July, 1979. My place of abode isTechimantia , I am tall by stature. The names of my parents are Mr and Mrs Ansere kofi. Unfortunately, my schooling was truncated at the primary due to factors beyond my parents control. Even though i was not academically good, i did not allow that to serve as an obstacle in my life because i knew there other opportunities that come on my one day.So immediately a friend recommended zidisha to me, i told myself this is an opportune time for me. I am able to nurse about 30,000 cocoa seedlings yearly. I want to increase my production by purchasing more cocoa seeds and employ more casual workers so that I can sell more seedlings

My Business

The name of my business is Georgina’s cocoa seedlings farm. This is located 1km from Techimantia along Techiman to Kumasi road. The main aim of establishing this cocoa project was to nurture seedlings for local farmers in my catchement area.The proceeds from the sales, i believe will cushion me and lesson my financial burden. Cocoa is a tropical crop and usually grows well in climate with high humidity and rainfall. Cocoa is a major cash crop cultivated in my area. I started this project after the death of my husband.He was the principal bread winner of the entire household. I started with only 2,000 and subsequently, has increased to 30,000. In fact, the outcome had been very encouraging and surprising because, I at times, cannot supply all the farmers. Some of the farmers even place order in advance before they are supplied.
Truly speaking, the nursery project has been of great significance because it has lesson my financial predicaments. I want to increase the production of the cocoa seedlings from 30,000 to about 40, 000 yearly. However, this vision cannot be achieved without access to good source of funding such as zidisha due to it interest free nature.

Loan Proposal

I would like to use this opportunity to express my appreciation to all my lenders for giving financial support whenever I call them. I will forever, be grateful to all my lenders and also, pledge to remain faithful to my lenders when it comes to repayment of my loan.
My dear lenders, I have come to your door step asking for your assistance again. My nursery project is a lucrative business and the returns is also great. I will therefore, use this loan to expand my nursery project in preparation towards the major crop season. My lenders, as I did indicate in my last loan, in addition to my nursery project, I will use part of the loan to purchase a building plot to start putting up my building to house my family. With your kind assistance, I am certain that my dream will come through. The specific activities to be carried out include
Preparation of nursery beds=$150
Cost of nursery seeds=$100
Polythen bags for nursing seedlings=$100
Cost of liquid & solid fertilizer=$100
Cost of water=$100
Cost of one building plot=$300
Hello my lenders, I will be glad if my loan is funded on to time to enable me Carry out my activities.
Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$829.00

Date disbursed

Nov 4, 2017

Repayment status

Late

Projected term

40 months

Lenders

xtrahardware

Cazenovia, United States

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

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