Farm inputs for my vegetable farm

Seidu

Techiman, Ghana

14% repaid

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How it Works

Entrepreneur

Name

Seidu

Member since

February 2016

On-time repayments

118 installments • 36%

About Me

I am Seidu Ibrahim from Techiman in Ghana. I am the only male child of my parents among six ladies. I had my elementary education at Techiman MA basic school and continued to Tamale Senior High. Due to economic challenges, I decided to take up a pupil teaching job while still tilling a piece of family land. Now, my farm is doing well. I get a revenue of over $350 bi-yearly. The farm is really helpful to me in supporting my family and other relatives financially. I am married with a daughter. My hobbies include reading, farming, tours etc.

My Business

My farm returns very good revenue to support me and my family. I grow vegetables, plantains, yam etc. This year, I want to expand the farm by growing maize which is of high demand year on year. I therefore request this loan to buy inputs and hire labour to help at the farm. With the size of land I have, my revenue would increase very much if more capital is injected into it. I envisage a return of over 50 bags of maize which currently translate to about $2200. I am therefore counting on you to achieve this goal to provide sound future for my ward and family.

Loan Proposal

To cash in on the end of year festivities, I have ventured into the production of vegetable crops like tomatoes, green beans and pepper. The crops are doing well but with the application of inputs like fertilizer, pesticides and intense labour, the farm will do well.
I therefore require GHS1244.00 to acquire the inputs. I will use GHS450 to buy 5 bags of fertilizers, GHS300 to buy pesticides and the rest for hiring labour.

I am counting on all kind lenders to help fund this loan to enable me finance the project. Thank you zidisha.