Farming and retails loan

Bonjei Maneiga

Bandajua, Ghana

Funds disbursed

$0 to go

100% funded of $168 goal

0

days left

Entrepreneur

Name

Bonjei Maneiga

Location

Bandajua, Ghana

On-time repayments

5 weekly installments  •  80%

About Me

I'm Bonjei Manega , I'm 41years old. I'm a farmer who farm in large quantities specifically, I farm yams, maize, groundnut and rice. I'm married to a wife with four children and other siblings who depends on me for a living. I pay their school fees, clothes them and provide other basic needs for them through my farming. I want to become more self sufficient and depend by increasing my farm size when you grant me the loan. I also real fowls and goats beside my farming. I believe with your loan it will help me so much to expand my farming and animals rearing business. I hoping to become a commercial farmer in future and also become great on my own. With your loan, some of my burden will reduce and I will be able to provide for my siblings and children as well.

My Business

I get money from the sale of my farm products. I also store some of the foodstuffs when when the price increase then, I sell them to get profit. For instance,rice and animals are in high demand now so I'll sell them to make higher profit for myself.

Loan Proposal

When I'm given the loan, already I have arranged for some animals so I will use it to buy those animals. Also I will buy some foodstuffs which are most needed and resell them. I will engage in other profitable businesses that will give me more profit to sustain my business for life. As students are going back to school I will engage in selling food like rice and beans, jolloff , indomie and others in schools to get more profit. Not only that I will buy some provisions too and start selling in various schools because children needs those things most in schools. Text books, story books and exercise books too will be bought for sale.

Income Source

With the current economic climate, I'm going to deal in items and materials that are highly demanding such that my business will not be affected. For instance, schools are open so most things I will buy will focus more on what students need, like shoes, books and pens. Once again my animals will be bought as well because they are in high demand because of funerals and other occasions around my area and that will fetch me more money to grow my business. Other foodstuffs like maize, groundnut, beans and soyabean all I will buy and store because the next few days when I sell I will get enough profit from them. With all these my business is going to continue running without any effects on it.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$168.67

Date disbursed

Jan 15, 2021

Repayment status

Late

Projected term

1 week

Cost to entrepreneur

Service fee: $7.46

Credit risk payment: $19.41

Optional expediting fee: $14.91

Lenders

eagle3

Grand Ledge, United States

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

F

FHult

Stockholm, Sweden

P

pmyadlowsky

Charlottesville, United States

Laurent

Vevey, Switzerland

P

Pengetilafrika

Mårslet, Denmark

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

P

PetrusR

balmoral, Australia

nakamura

United States

JTShorty

Gorham, Maine, United States

C

cerowain

Melbourne, Australia

A

ADISI

Bern, Switzerland

mikeice

Kohler, United States

Shemuel

New Jersey, United States

T

ThomasS

United Kingdom

B

bscent

Hong Kong

M

Medagan

San Franciso, United States

Mike and Jacqui

United Kingdom

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

PP

Pasi Paajanen

Helsinki, Finland

Kate Courteau

United States

Hans Rytterbrant

Stockholm, Sweden

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

I

Ian

United Kingdom

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

PG

Paul Graham

United States

Aran Dunlop

United States

I

isaac

United Kingdom

petter

Finland

Peter Collins

Darmstadt, Germany

B

Bharat

Princeton, United States

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