Extension of farming

Enoch

Suhum, Ghana

48% repaid

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How it Works

Entrepreneur

Name

Enoch

Member since

February 2017

On-time repayments

88 installments • 60%

About Me

My name is Enoch Addo. I am 38 years, I am hard worker. I have started farming when I have completed my education before my Father died. I take care of all the farms which is about 50 acres of land. I now have a cocoa, palm nut, and vegetable farms. I am hard worker who train by my own Father before he died. I remember the time we are working together, things are moving on well because there are labours who works hard for us to archive our goal,

My Business

Every year, I provide a lot of cocoa beans in bags, and a lot of palm nuts, also vegetables, such us cabbage, pepper, okro, cocumber, and garden eggs. In Ghana cocoa is a produced buying by the Government so it's has a strong demand in bulk purchase. For the palm nut, we have a company that buy it , and for the vegetables we sell them in our local markets. So i make a lot of income every season in the year. I will use some of this income to repay the loan.

Loan Proposal

I will use the to extend my farm. What i need is to get water pump machine, this will help me to work in all the season including the dry season. As time goes on when things are getting better, i will buy a truck to carry my labours to the farm, and also carry the goods to our local market to sell. I am planing all this because of my family especially the school children. But for now the water pump machine and sprinklers is in the first consideration. This will cost US 1,500.00.

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M
Mary Nov 5, 2017

Enoch is an excellent borrower. I would recommend funding his future loans.

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melissapmeier Oct 24, 2017

Hi Enoch, best wishes to you with your business. I am happy to lend to you again!

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Tom Eggert Jun 28, 2017

Enoch - I'm glad you received your loan, but I'm very disappointed that I made a loan to you to purchase a sprinkler system and you are using it for another purpose. I feel that you misled me and I now question whether you will be honest in future dealings with your lenders. Don't ever be anything less than truthful when dealing with your lenders.
I hope that you are successful in your farming.

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