Purchase cocoa fertilizer and hire additional labourers

Ameyaw

Berekum, Ghana

100% repaid

Entrepreneur

Name

Ameyaw

Member since

August 2015

On-time repayments

62 installments  •  50%

About Me

i am Ameyaw Ebenezer born in 16th june 1985 i am now 30years old.i have married with three children.i come from Berekum Brong Ahafo Region of Ghana.i had my basic Education at Berekum Demonstration primary and further to Demonstration Junior High.
i pursued a Diploma Education at Berekum College of Education in the year 2008.i had my degree in Agricultural Science at University of Cape Coast (U.C.C) .but i have not get employ yet.i am in a family of three and i am the first born of my parents.since then i decided that i must involved myself in farming business but i lucked funding to support my family.i started this farming business with the small cash i received from initiative which is a youth funding project.There are a lot of business opportunities in our land especially those that involve in cocoa farming and agricultural products.This is what makes our town a unique one from others industrial towns.My hobbies are reading novels,studying,swimming,dancing,jogging and traveling.i cannot sit down and just watch my family in poverty.

My Business

i deal with the cocoa farming and distributing them in the Berekum top market.This cocoa have a high demand because the out come of cocoa is very important ,and agricultural products.The large town population provide a ready market to my product.The cost of this business is about 3200 Ghana cedis and the expected revenue is three quarters of the invested cost.The profit i get from my investment are distributed in this manner.A half of the profit goes for re-investment , a quarter for my family upkeep and the remaining is for equipment and fertilizer for my cocoa farm .

Loan Proposal

Am pleading with my dear leaders that i would be grateful if $150 would be given to me to use it to buy cocoa fertilizer and hire laborers to weed the farm.The cost of this business is about 3200 Ghana cedis and the expected revenue is three quarters of the invested cost.The profit i get from my investments are distributed in this manner.A half of the profit goes for re-investment. A quarter for family upkeep and remaining quarter for saving .your contribution are welcome .i am pleading with you my dear leaders to help me cocoa agricultural business. Thank in advance.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 21, 2015

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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