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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  • Reynolds    Jul 25, 2018

    Please i have heard from him n has assured me of making payment. Thanks

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  • Reynolds    Apr 17, 2018

    Please i have called him and he has promised me to do payment soon. Thank you

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  • Abayie    Jan 6, 2018

    Reduced profits

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  • Abayie    Oct 17, 2017

    i have invested the money on my farms.

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  • Abayie    Oct 3, 2017

    Thank you very much lenders. I have received the loan. I promise to use it as promised. God bless you

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  • Abayie    Sep 29, 2017

    This loan will help me expand my farm and also help me earn more income to take good care of my family. Thank you lenders very much

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  • Abayie    Sep 29, 2017

    This how well my plantain farm is doing. thank you lenders very much.

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  • Abayie    Sep 26, 2017

    with the loan I just completed, i was able to expand my plantain farm , care for my goats and also take good care of my family

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  • Abayie    Sep 12, 2017

    I have harvested some of my plantains.

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  • Abayie    Aug 29, 2017

    My animals are doing very well and giving birth to new young ones

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  • Abayie    Aug 23, 2017

    I have invested the money in my farm.

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  • Abayie    Aug 14, 2017

    thank you lenders for the loan. i have received it , I promise to work harder so that i can repay it on time. thank you.

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  • Abayie    Aug 13, 2017

    Thank you very much for supporting me . May God bless you

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  • Abayie    Aug 12, 2017

    My farm is doing very well. My livestocks has also given birth to new ones. Thank you so much lenders. God bless you.

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  • Abayie    Aug 1, 2017

    I'm very grateful to you lenders, my goats have given birth to new ones and my farm is also doing very well.

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  • Abayie    Aug 1, 2017

    Increased profits

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  • Abayie    Jun 19, 2017

    Reduced profit

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  • Abayie    Mar 18, 2017

    I have now started working on the project.

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  • Abayie    Mar 18, 2017

    Thank you lenders for the loan.i have been able to buy three goats and i am working on pen thank you and may God bless you.

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  • Abayie    Feb 28, 2017

    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.
    Thank you Zidisha and my lenders for your support as I enter into this new venture. Thank you and may God richly bless you.

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