Loan to buy different kinds of agro chemicals
Magnita
Hwediem, Ghana
7% repaid
Entrepreneur
Name
Magnita
Member since
March 2016
On-time repayments
84 installments • 70%
About Me
My name is Magnita A. Mensah I am thirty two years of age. I was born on 17th MARCH, 1983 I am fair in complexion. I hail from Tepa in the Ashanti region of Ghana but I reside with my single parent and other siblings in Hwediem in the Brong Ahafo region of Ghana. During my primary education it was only my mother who took care of me since my father died when I was young. My mother found it difficult to cater for me at my senior high education. After school I decided to sell ice water and toffee on road side and I was able to raise some capitals to start my own business with that little amount by selling agro chemicals on table top. I used the little profit to cater for my mother and other siblings. Because I do not have enough capital I get little profit from the sales which is not enough for me and my family. I kindly ask assistance from Zidisha to help me raise loan for me in order to get rich to improve my work. Thank you.
My Business
I started this business after selling ice water and toffee on road side. I am able to sell all the agro chemicals I used my little capital to buy, since where I am is a farming community people always buy agro chemical for their farming , because I do not have enough money to buy more of the agro chemicals found difficult to supply them all this lower my profit. Which I used to cater for my mother since she is a widow. Many people in my town like buying from me but because my capital is not enough to buy more chemicals i cannot make a lot of profit. So I need loan from good people like you to expand my business so that I can get profit to cater for my mother
Loan Proposal
I will use this loan to buy more different kinds of Agro chemicals in order to attract more customers. I will buy the following Agro chemicals
Weedicide 100 dollars
Pesticides 100 dollars
Seeds 90 dollars
Insecticides 100 dollars
Napsack spray machines 200 dollars
This loan will help me to increase my profit and my business will grow and expand and my family will enjoy from my profit.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$580.00
Date disbursed
Aug 2, 2016
Repayment status
Late
Projected term
523 months
Other loans
Lenders
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
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