Gyamfuaa
Kukuom, Ghana
100% repaid
Name
Gyamfuaa
Member since
October 2016
On-time repayments
71 installments • 35%
My name is Gyamfua Priscilla, i started my primary school at Kukuom presby schooI and I continue my secondary school education at Sankore secondary school and now have graduated from university cape coast Ghana, I need a loan to expand my business in farming, I am into cassava plantation and also cash crop like cashew and oil palm plantation. I need a loan to expand my business. I want to employ laborers to assist me to expand my farm. It was not easy in the beginning, I started alone , doing the weeding and planting my self, no support from any where. The unique thing about the community that am living is that they are all doing subsistent farming,and the land is for the people in the community and how to acquire the land is easy and and you can get the size that you want to use.
I want my children to have better education and establish their own business. I will introduce them to my business for them to get experience in farming.
I provide raw cassava and also gari and starch for my costumers
Raw cassava is use for fufu and 90% of Ghanaians eat fufu and banku every day so the demand for cassava and maize is very high, it has ready market so if u invest in cassava and maize plantation,the probability of gaining is high.
I want to use the loan to buy chemicals to apply in my farm. I want to produce all year round so if am able to buy the machine it means am not going to depend on natural rainfall again and am expand my production into vegetable production .I will get more profit and since am able to expand my farm it means more labor will be needed, this means people will get work to do in my farm and I will be able to provide the demand of my customers.
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Oct 13, 2016
Repayment status
On Time
Projected term
3 months
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