Entrepreneur
Name
Adu
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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$177.04
Date disbursed
Aug 30, 2018
Repayment status
On Time
Projected term
19 months
Other loans
Lenders
Belgrade, Maine, Usa, United States
Moravia, United States
United States
United States
Germany
Ask Adu a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.