Inputs for my pinneapple farm

Adu Boateng

Nsawam, Ghana

100% repaid

Entrepreneur

Name

Adu Boateng

Member since

November 2015

On-time repayments

184 installments  •  83%

About Me

I studied computer science in Koforidua Polytechnic and have the goal of setting up own I.T firm. Am good in computer hardware , networking and website designing. Am a young man 24 years old and in other to achieve my goal have started as a hardware technician to raise little funds. Growing as a young boy wasn't easy for me and my other three siblings. My parents helped all a lot in giving at least the basic education required in our country. I have the interest of solving problem and working with computers both online and offline. And that is why I chose this profession.

My Business

Basically my business has got to do with servicing and repairing of Information Communication(I.T) devices mainly laptop computers and desktop computers. Occasionally I get the contract to create website for micro businesses, in such condition I invite other colleagues to build it. Currently I have 2 micro-finance institutions that I service their computers. Averagely I can raise about $230 as income every month. Most of the income generated is used to buy and maintain other I. T tools use for the work. Because computers are used in almost every institution nowadays such technical skill that I posses is relevant and very useful. If am able to raise enough income , I want to expand my shop and start with the selling of laptops , mobile phones, tablet computers and accessories.
Recently together with learning of graphic designing, a friend has introduce me into pineapple farming which I have redirect some few funds to that area about 3 months ago.

Loan Proposal

I currently made small investment in pineapple farm and I will need some money to purchase fertilizer, herbicide, calcium carbide and labor cost until harvest. The small farm is about 405square metre of 2 months old suckers. There is a little over 2000suckers on the land. Which I will need 3more cycles of fertilizer application and 2 herbicide application until forcing is due.
Based on the current price of 50kg of N.P.K and Urea fertilizer in Ghana I will need about $140 to purchase the fertilizer and $30 to purchase the herbicide for the application until forcing. Calcium carbide for forcing is also expected to cost some $7. This makes a total of $177.
After successful applications the fruit is expected to harvest around September October 2018, which I intend to raise between $300 and $400 as profit.
I will be very glad if this loan is funded to enable me purchase the mentioned inputs on time. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$177.04

Date disbursed

Aug 30, 2018

Repayment status

On Time

Projected term

19 months

Cost to entrepreneur

Service fee: $5.19

Lenders

ErikN

Stockholm, Sweden

MC

Michael Cyr

Belgrade, Maine, Usa, United States

L

ldron7

Utah, United States

J

JoJoHouse

New Castle, United States

O

Ohio

Ohio, United States

M

Margi

Littleton, United States

P

Purplejeep

Moravia, United States

C

cocolo

United States

M

Marcus86257

United States

Jake Badger

Roskilde, Denmark

Emma

Australia

Alicia

United States

P

PeterP

United Kingdom

SP

Stephanie P

United States

Darren Jeppson

Denver, Colorado, United States

Michael Bauschke

Dresden, Germany

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