Loan for expansion my plantain farm

Abayie

Sawua, Ghana

2% repaid

Entrepreneur

Name

Abayie

Member since

July 2016

On-time repayments

174 installments  •  45%

About Me

My name is Abayie Ofosu - yeboah, a proud zidisha member . I am happily married with two wonderful kids. I am self-employed farmer . I am a university graduate. I come from a family whose major source of income has been farming and therefore started to farm at an earlier age of 9 yrs. My home town is Juansa where most of the inhabitants are farmers. I want a better future for my chichildren. I am into plantain and cocoacocoa farming. I like to read when I am free and also I enjoy playing with my kids.

My Business

I want a loan of about 3400 ghana cedis to start a new venture. I want to animal with the farming since there's is a great market for them especially during festive seasons. I will use 50% of the money to buy two female goats, one male goat, one ram and a sheep. I will use 35% to construct a pen for them. I will also use 10% to pay for vertenary service . I will also save the remaining 5% to cater for petty expenses they may arise. I will use the faeces from the animals to fertilize my farm which will also cut down cost on buying fertilizers therefore saving me money.
I will use some of the proceeds from my farm to pay for my loan.
Itis my prayer that Zidisha support me as I enter into this new venture. Thank you and may God richly bless you.

Loan Proposal

with this loan i will use forty (40) percent to pay for labour. i will also use five(5%) percent to buy weedicides. i will also use ten (10) percent to buy a spraying machine which will help me irrigate my farm with the weedicides and other pesticides. i will also use thirty five(35) percent OF the money to pay for vertenary services for my goats. i will use the remaining amount to support my Kids education by buying books for them and paying thier feeds

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,264.00

Date disbursed

Oct 3, 2017

Repayment status

Late

Projected term

27 months

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

JA

Joshua Axtell

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

G

Gabi

Turkey

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