Expansion of my plantain farm

Entrepreneur

About Me

I am Martha Ataa Serwaa , 29 years of age. I am fair in colour. I am Third born in a family of five. I Completed Tafo SDA Junior High school in Ashanti region. My uncle gave me a piece of land to cultivate plantain and vegetables due to my hardwork, to support my myself .I helped my parents on the farm.I attended Aduman senior high school where I offered Agriculture science and continued to Kumasi polytechnic to become a business administrator .

My Business

My Business
my main focus now is on my plantain farm. plantain is one of the major cash crops in my country. i want expand my farm so that i can increase my production and hence my profit.
I will have to hire new labourers to clear the land which will cost me about five hundred Ghana cedis. I will also need seven hundred Ghana cedis to buy new suckers.
i will also need one thousand ghana cedis to thousand three hundred Ghana cedis to pay for the land. i will also need five hundred Ghana cedis to cater for some petty expenses on the farm.

Loan Proposal

With this new loan. i am going use fifty percent [50%] of the money purchase half acre of land to expand the farm further. i will use twenty percent [20%] to pay for labour , i will use 10 % to buy pesticides to control pests on the farm ,i will also use another 10% to buy spraying machine to spray the farm , i will donate 5% to my church to aid our church building , i will also use 10 percent to support my family and will keep the remaining 5% for other petty expenditures.

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Loan Info

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