Loan for my farm business

Elijah

Accra, Ghana

100% repaid

Entrepreneur

Name

Elijah

Member since

January 2021

On-time repayments

12 installments  •  83%

About Me

i am a young graduate from the teachers training college, i am the last born of my family and i am into mobile money and bill collection business ,i am a hard worker with over two years experience in this field of work. aside this business i also do rice farming .my profit i use it to support my education .i am coming from a very poor family , of farming community . i want to develop my community by bettering the life of the youth . in providing them jobs in this my business set up.

My Business

in this my business , i make a good reasonable weekly profit since it is financially intensive.i have just started with my rice farming in the Volta Region of Ghana. as you can see , the government of my country is making it mandatory for every one to consume our local rice we produce here in Ghana.so i am optimistic that i will increase my revenue in a few months from now .in addition , the mobile money business that i am also doing in along side with this rice farming , i am really making it and i have three shops now that i operate these services .

Loan Proposal

I will be using the loan to buy fertilizer and medicine for my farm , and to also expand the portion of the land for more farming projects. currently i have been farming on about ten plots of lands , but i will like to extent it to a greater space since i have a bigger land portion .my customers are at the standby waiting for my supply , and my the look at things, what i have on my farm will be insufficient looking at the demand.so i need more money to put into the business.

Income Source

yes, aside my farming business , i am a bill collector with the Ghana water company , and i have a shop where i do mobile money transactions and i make a lot of savings there . repayment will not be an issue at all, because i will take my my savings to repay back , and also my family and friends can help me to repay back should their be any default .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Jan 29, 2021

Repayment status

On Time

Projected term

1 week

Lenders

K

Kenny

United States

Ask Elijah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...