Add new beehives to my honey farm

Joshua Jones

Newtown Extention, Ghana

100% repaid

Entrepreneur

Name

Joshua Jones

Member since

February 2015

On-time repayments

129 installments  •  26%

About Me

I am Joshua Jones Opoku Marfo from Elmina in Central Region but currently live in Newtown Extension, a suburb of Sunyani in Brong Ahafo Region of Ghana. My parents are Dr. C. Jones-Techie and Madam Sophia Donkor. I had my basic, secondary and tertiary education with Abrafo Junior Secondary School, Sunyani Secondary School and Kwame Nkrumah University of Science and Technology respectively and hold a degree in Forest Resources Technology. I am married to Mrs. Faustina Opoku Marfo and have two children. After my first degree, I joined a school and held a position of Vice Principal but due to my desire and quest to establishing a business to provide some job opportunities to the many unemployed graduates in the country, I started an honey producing farm which also aims at providing wholesome honey to the ever increasing consumers in and outside sunyani.

My Business

This business was started with the aim of providing job opportunities to the many unemployed graduates and also make available wholesome and organic honey to consumers. A little survey I conducted prior to the commencement of the farm indicated that, there is a high demand for good honey because most were fed to infants but due to its unavailability throughout the year, retailers add all manner of things to increase the quantity, thereby endangering the lives of consumers for profit. The business is lucrative because the demand is high and consumers prefer it over the others but my honey production is in small quantity now and so requires additional production of hives, purchasing of comb foundations, safety clothing for workers and a bigger and more efficient extraction machine to increase honey production and create more jobs from the production stage to the sale of the finished product.

Loan Proposal

The honey business is lucrative because the demand is high and consumers prefer mine over the others but honey production is in small quantity now so all the initial money from the loan will go into constructing additional hives to increase honey production.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 3, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

G

GalantnostS

Hong Kong, Hong Kong

C

CrazyCanuck

Nepean, Canada

N

nk786

Dubai, United Arab Emirates

Paul Buchheit

Mountain View, United States

S

sailingtopher

United States

mepster

San Francisco, Ca, United States

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Summary

Amount repaid

$117.00

Amount remaining

$0.00

Date repaid

Apr 18, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 15, 2015 $19.33 Mar 14, 2015 $19.33
Mar 22, 2015 $19.33 Mar 21, 2015 $19.33
Mar 29, 2015 $19.33 Mar 21, 2015 $0.67
Mar 28, 2015 $18.67
Apr 5, 2015 $19.33 Mar 28, 2015 $1.33
Apr 4, 2015 $18.00
Apr 12, 2015 $19.33 Apr 4, 2015 $5.33
Apr 11, 2015 $14.00
Apr 19, 2015 $20.33 Apr 11, 2015 $6.00
Apr 18, 2015 $14.33

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