Fertilizers for my farm work and chemicals

Williams

Berekum, Ghana

11% repaid

Entrepreneur

Name

Williams

Member since

February 2015

On-time repayments

50 installments  •  18%

About Me

Williams Owusu-Acheaw is my name. I am a Ghanaian young man with thirty-six years of age. I am dark in complexion. I come from a family of nine siblings together with my parents.
I am a graduate who studied nutrition and currently I am a nutritionist at Berekum Municipality of Brong Ahafo Region in the Republic of Ghana. I attended Berekum Senior High school for my Senior High Certificate. After which I attended Atebubu College of Education after which I taught for nine years and left for University Education at the University of Education Winneba where I obtained my current certification in nutrition. I am now a Health worker who guides and renders nutritional advice to both patients and people in the community. I take delight in my job because it aims at saving lives.
Apart from my profession as a health worker, I am now into selling of soya beans powder morringa powder and other nutritional food supplements which give the required nutrients to my customers especially malnourished children. My hobbies are reading, working in children’s homes and playing football.

My Business

I started my business of selling nutritional supplements with a base capital of 600 dollars. Base on my studies at the University, I found out that malnutrition is a major challenge to Ghana and for that matter Africa in general. I started my business with just some few sachets of soya beans powder in the year 2013.People soon fell in love with my products when they saw the effectiveness of my productsThe demand for the products increased to about 250%.The demand prompted me to produce more to meet the demands of my customers.
The production of the cereals and leguminous plants which are processed into my products come with a cost since more hands need to be employed.
My business is a profit making venture which brings returns.The business is not only for making profits but to cure the sickness of malnutrition and other related diseases

Loan Proposal

with my previous loan, because we were in the dry season i bought equipment's that was much helpful to the farmers or customers in my community which include watering can, fertilizers and all other materials need to be sold in my shop as an agro chemist. This idea really helped me, my business, community and my country at large because my community was able to provide food for my community and my country and other farmers or customers also got profit from their business as farmers, also I got a profit of about 55 - 60 percent of my Sale.
For this reason, I wish to buy more products into my shops so as to satisfy my customers with their demands. If this loan is granted i will be buying 20 pairs of walenting boot, 40 different brands of splaying machines, 25 boxes of liquid fertilizers, 50 parks of pesticides which in total may cost about $750. I will be able to pay back this loan because i have a lot of customers to supply them with. Thank you!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$173.00

Date disbursed

Aug 16, 2016

Repayment status

Late

Projected term

8 months

Lenders

PG

Paul Graham

United States

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