Loan to pay children's school fees, help my wife stock her provisions store, and begin construction of a house

Entrepreneur

About Me

I am Richmond from a small village called sabronum in the Ashanti region of Ghana west Africa. But I lived at Kukuom in Brong ahafo region of Ghana west Africa. I was born to a family of ten children and I am the first born to my parents and I also have three children and I have been taking care of all the family members. Because I am only person who has attained high level education. So I my little income from my teaching to support my family members. Because the money is not enough for the family members I decided to go into farming so I planted plantains and it has helped me and my family members I used little income of money to support my family. I have been into farming for the past three years .I want my children to become doctors, nurses and professional teachers

My Business

I am into plantation of plantains and it's suckers. It is of very high demand specially the suckers when they are planting new suckers in a new farm. It is easy to produced the suckers in many quantity. It's a business of high profit because if you invest GHS 1000 for preparation of suckers in three months you will get profit of about GHS 2000. The cost of planting sizable farm is GHS1000. I will use the profit from the farming to improve the living standard of my family and also use some to expand my farm.

Loan Proposal

I will use this money 1000 dollars to start the construction of my house, l will give 400 dollars to my wife to purchased more commodities into her provisions store, I will also use 200 dollars to pay my children school fees. I will use 650 dollars in my farming business that is I will buy farm input like cutlass, hoe, mattocks, and other things. This will help me to increase my profit and this will help transform my life and that of my family members.

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