Loan for my rice farming business

Elijah

Accra, Ghana

100% repaid

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How it Works

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 am a rice farmer from Ghana , i am farming over 20 plot of land , all i do in it is the rice farming, currently my rice produce is growing and very soon i should be harvesting it for sell in the market, but for the mean time i will need a loan to buy fertilizer and employ more labor to the farm , so i need a loan to this regard , promising to repay back as soon as possible,

Income Source

my business is a farming business , though it is an occasional business that till harvest before you can boss of sells, but in my case, i have other businesses i do to support myself , which is the mobile money and the bill i collect as an agent to the government, repayment will not be an issue as i have my previous savings to take money from it and pay my loan or my family and friends can also help me , but it will not get to that , i will surely repay back my loan without any delay.