Loan for my cashew project

Entrepreneur

About Me

Was brought up in city but to natural disaster which was beyong my parents we travel and settled at a village where access to good drinking water was problematic going to school was a heltic but with he advice of my parents and perseverance I was able to complete Dormaa Senior High School,
Cash crops and animals husbandry , I have more than ten hectares of cashew I have bought a vast land. I love reading bible and also watching documentary on entrepreneurship
I would like to expand my cashew farm and hire permanent workers to pay them

My Business

I have ten hectares of cashew and there are many Indians companies at Techiman that need cashew nuts to boost production and because of that cashew is one of the demanding raw materials . they produce oil out of it, wine and a whole products from. I also have rabbits , grasscutters sheep goats .
I use the profit to pay my kids school fees , expand my farming business.
I also work in drug store

Loan Proposal

Like I said in my old application ,
A. Do legal documents to cover the land
B. Buy healthy modern seeds $ 0.50 per seed
C. Expand the farm
D. Hire labours to help me accomplished that. Their payment will depend on the service they will provide. For instance weeding an acre is $ 25 including the feeding fees I can't afford the service of tractor
PROFITS
1. The owner of the land will get income
2.The workers who will work on the land will be paid nicely accordingly
3.The person who will sell the seedlings will also get income
A whole lot of people will benefit from this loan
Profit for myself
1. Since is long term project I have a job security
2.I will become independent in terms of finance
3. Will become a role model because a lot of the youths are just interested in white collar job
PROFITS FROM THE PRODUES
This year a bag of cashew was $130. and I can collect more than 10 bags
I will also use the land to cultivate yams and cassava and sweet potatoes, it will take three months to harvest the potatoes and seven months to harvest the cassava I will get more $ 500 within that shortest month in fact I will earn more more money before the cashew grow and cover the earth

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