I need a loan to expand my farming business
Charles
Teshie, Ghana
25% repaid
Entrepreneur
Name
Charles
Member since
January 2015
On-time repayments
106 installments • 11%
About Me
My name is Charles Afum from Ghana. I studied Mechanical Engineering and graduated as Mechanical engineering Technician. I worked with Ghana Aluminium products as Technician from 1999 to 2005. I had an accident during my duty as a technician which resulted in my right hand fingers deformity. I decided to end my profession as Technician and from the little compensation the company offered me, i started a local production of Turpentine, wood preservatives and white glue in a 12ft x 12ft rented apartment. I have a new site in a few months i will move in there. God has bless me with two handsome boys who are willing to continue my unfinished profession . From a humble beginning that is how far God has brought me.
My Business
My main business is production of Turpentine, wood preservatives and white glue. I supply these products to hardware shops and painters. Risk taking is what i like most and my drive as a person. I am also a poultry farmer and planning to go into grasscutter farming. I do all these from my main business which is too much of a load for the growth of my main business.
Loan Proposal
I need a loan of $230 (870Ghs) to enable me to expand my poultry farm which has been started with my first loan. The loan will be used to purchase the following items: (1) 130pcs of a day old broiler birds= $130 (491.4Ghs) (2) feed for the birds $80 (302.4Ghs) and (3) Vaccines and other expenses =$20 (75.6Ghs). If this loan is granted it is going to add 50% increase of profit within 8weeks of this projects and that will help my family a lots. i hope to here from my lenders soon. Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$231.00
Date disbursed
Apr 22, 2015
Repayment status
Late
Projected term
22 months
Other loans
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Summary
Amount repaid
$57.00
Amount remaining
$169.75
Expected completion
Mar 12, 2017
Status
Repaying late
Installment amount
$3.75
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 3, 2015 | $16.00 | May 10, 2015 | $16.00 |
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $0.00 | ||
| May 24, 2015 | $10.00 | Jun 2, 2015 | $10.00 |
| May 31, 2015 | $10.00 | Jun 2, 2015 | $10.00 |
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $0.00 | ||
| Jun 28, 2015 | $7.50 | Jul 6, 2015 | $7.50 |
| Jul 5, 2015 | $0.00 | ||
| Jul 12, 2015 | $0.00 | ||
| Jul 19, 2015 | $0.00 | ||
| Jul 26, 2015 | $6.25 | Sep 8, 2015 | $6.25 |
| Aug 2, 2015 | $0.00 | ||
| Aug 9, 2015 | $0.00 | ||
| Aug 16, 2015 | $0.00 | ||
| Aug 23, 2015 | $0.00 | ||
| Aug 30, 2015 | $0.00 | ||
| Sep 6, 2015 | $0.00 | ||
| Sep 13, 2015 | $3.75 | Oct 11, 2015 | $3.75 |
| Sep 20, 2015 | $3.75 | Oct 11, 2015 | $0.50 |
| Nov 23, 2015 | $3.00 | ||
| Sep 27, 2015 | $1.00 | ||
| Oct 4, 2015 | $0.00 | ||
| Oct 11, 2015 | $0.00 | ||
| Oct 18, 2015 | $0.00 | ||
| Oct 25, 2015 | $3.00 | ||
| Nov 1, 2015 | $0.00 | ||
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $2.50 | ||
| Dec 13, 2015 | $2.50 | ||
| Dec 20, 2015 | $2.50 | ||
| Dec 27, 2015 | $2.50 | ||
| Jan 3, 2016 | $2.50 | ||
| Jan 10, 2016 | $2.50 | ||
| Jan 17, 2016 | $2.50 | ||
| Jan 24, 2016 | $2.50 | ||
| Jan 31, 2016 | $2.50 | ||
| Feb 7, 2016 | $2.50 | ||
| Feb 14, 2016 | $2.50 | ||
| Feb 21, 2016 | $2.50 | ||
| Feb 28, 2016 | $2.50 | ||
| Mar 6, 2016 | $2.50 | ||
| Mar 13, 2016 | $2.50 | ||
| Mar 20, 2016 | $2.50 | ||
| Mar 27, 2016 | $2.50 | ||
| Apr 3, 2016 | $2.50 | ||
| Apr 10, 2016 | $2.50 | ||
| Apr 17, 2016 | $2.50 | ||
| Apr 24, 2016 | $2.50 | ||
| May 1, 2016 | $2.50 | ||
| May 8, 2016 | $2.50 | ||
| May 15, 2016 | $2.50 | ||
| May 22, 2016 | $2.50 | ||
| May 29, 2016 | $2.50 | ||
| Jun 5, 2016 | $2.50 | ||
| Jun 12, 2016 | $2.50 | ||
| Jun 19, 2016 | $2.50 | ||
| Jun 26, 2016 | $2.50 | ||
| Jul 3, 2016 | $2.50 | ||
| Jul 10, 2016 | $2.50 | ||
| Jul 17, 2016 | $2.50 | ||
| Jul 24, 2016 | $2.50 | ||
| Jul 31, 2016 | $2.50 | ||
| Aug 7, 2016 | $2.50 | ||
| Aug 14, 2016 | $2.50 | ||
| Aug 21, 2016 | $2.50 | ||
| Aug 28, 2016 | $2.50 | ||
| Sep 4, 2016 | $2.50 | ||
| Sep 11, 2016 | $2.50 | ||
| Sep 18, 2016 | $2.50 | ||
| Sep 25, 2016 | $2.50 | ||
| Oct 2, 2016 | $2.50 | ||
| Oct 9, 2016 | $2.50 | ||
| Oct 16, 2016 | $2.50 | ||
| Oct 23, 2016 | $2.50 | ||
| Oct 30, 2016 | $2.50 | ||
| Nov 6, 2016 | $2.50 | ||
| Nov 13, 2016 | $2.50 | ||
| Nov 20, 2016 | $2.50 | ||
| Nov 27, 2016 | $2.50 | ||
| Dec 4, 2016 | $2.50 | ||
| Dec 11, 2016 | $2.50 | ||
| Dec 18, 2016 | $2.50 | ||
| Dec 25, 2016 | $2.50 | ||
| Jan 1, 2017 | $2.50 | ||
| Jan 8, 2017 | $2.50 | ||
| Jan 15, 2017 | $2.50 | ||
| Jan 22, 2017 | $2.50 | ||
| Jan 29, 2017 | $2.50 | ||
| Feb 5, 2017 | $2.50 | ||
| Feb 12, 2017 | $2.50 | ||
| Feb 19, 2017 | $2.50 | ||
| Feb 26, 2017 | $2.50 | ||
| Mar 5, 2017 | $2.50 | ||
| Mar 12, 2017 | $0.50 | ||
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