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.

Feedback

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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

Other loans

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$96.77

Amount remaining

$0.00

Date repaid

Nov 9, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 27, 2017 $2.40 Aug 31, 2017 $2.40
Sep 3, 2017 $2.40 Aug 31, 2017 $2.40
Sep 10, 2017 $2.40 Sep 13, 2017 $2.40
Sep 17, 2017 $2.40 Sep 13, 2017 $2.40
Sep 24, 2017 $0.00
Oct 1, 2017 $0.24 Sep 30, 2017 $0.24
Oct 8, 2017 $0.24 Sep 30, 2017 $0.24
Oct 15, 2017 $4.79 Oct 13, 2017 $4.79
Oct 22, 2017 $4.79 Oct 19, 2017 $4.79
Oct 29, 2017 $4.79 Oct 22, 2017 $4.79
Nov 5, 2017 $4.79 Nov 8, 2017 $4.79
Nov 12, 2017 $4.79 Nov 8, 2017 $1.92
Nov 9, 2017 $2.87
Nov 19, 2017 $4.79 Nov 9, 2017 $4.79
Nov 26, 2017 $4.79 Nov 9, 2017 $4.79
Dec 3, 2017 $4.79 Nov 9, 2017 $4.79
Dec 10, 2017 $4.79 Nov 9, 2017 $4.79
Dec 17, 2017 $4.79 Nov 9, 2017 $4.79
Dec 24, 2017 $4.79 Nov 9, 2017 $4.79
Dec 31, 2017 $4.79 Nov 9, 2017 $4.79
Jan 7, 2018 $4.79 Nov 9, 2017 $4.79
Jan 14, 2018 $4.79 Nov 9, 2017 $4.79
Jan 21, 2018 $4.79 Nov 9, 2017 $4.79
Jan 28, 2018 $4.79 Nov 9, 2017 $4.79
Feb 4, 2018 $4.79 Nov 9, 2017 $4.79
Feb 11, 2018 $4.79 Nov 9, 2017 $4.79
Feb 18, 2018 $0.48 Nov 9, 2017 $0.48

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