Loan to buy fungicides, weedicides and seedlings
Boakye
Dormaa Ahenkro, Ghana
100% repaid
Entrepreneur
Name
Boakye
Member since
August 2017
On-time repayments
73 installments • 25%
About Me
My full name is Boajye Annin Randy. I come from Nkruanza in the Brong-Ahafo region of Ghana but I have lived all my life in Dormaa Ahenkro. I schooled in Dormaa that is primary Education,Junior High School and Senior High School. I recently wrote my final examination. I offered Agricultural Science at the Senior High level. I like to farm and would want to apply the knowledge that I have acquired to planting vegetables. In my community,most of the farmers plant cash crops such as cocoa,cashew,and coffee. I have opted for vegetables because I'm going to meet a high demand and that will fetch me profits. What encourages me this job is that planting materials such as seeds are very common and affordable. I am yet to Mary but it is my wish to work hard to earn something in life before I go into marriage.
My Business
I plant vegetables on a large scale,consume some and sell the rest.. Some of these vegetables are pepper,onion,cabbage,tomatoes garden eggs.As stated earlier on, I like planting vegetables. I liked the planting of vegetables all because few people go into this venture. Some say they are proned to fungi and bacteria infections and that makes it stand a high risk. On the contrary, I look at it as a false impression about this production. The only remedy is intensive care. Care in terms of regular control of weeds and spraying of fungicides etc. I m very glad today because most farmers come to me for my advise on this venture and I hope to expand it in future.
Loan Proposal
The major vegetables I plant include,onions,pepper,cabbage,tomatoes and beans. These after harvesting I sell to Senior High Schools and the main market. Tomatoes is the highest commodity demanded so that is what takes a larger area of my farmland. I will therefore buy tomato seedlings $10 , I will also buy pepper seedlings $5. I wiil buy one Knapsack sprayer $16 to spray my farm to get rid of weeds. I will need fungicides $7. I will need $6 for labour. With the few itemised I hope to obtaining high yield this season and more profit accrued from this production.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$97.00
Date disbursed
Aug 15, 2017
Repayment status
On Time
Projected term
6 months
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