Loan to buy motorking and buy a land to grow cocoa

Emmanuel

Donfete, Ghana

1% repaid

Entrepreneur

Name

Emmanuel

Member since

April 2016

On-time repayments

95 installments  •  71%

About Me

I am Ankamah Emmanuel and my parents are Mr. & Mrs. Ankamah Oduro . We all live in Donfete which is located at Berekum. I began my elementary school at Berekum AKAB school complex and furthered to Kumasi Prempeh College.
After completing that, life wasn't easy for me for the reason that I stayed in Kumasi with a brother of mine who was then a plantain farmer to learn farming practically.
Today, I among the big young farmers in this locality. Maize and plantains are the crops I mostly grow. My hobby is reading. Thank you!

My Business

My business is one that grows plantains and maize. In the beginning, I was able to raise 32 bags of maize half a year. I am excited in this business because many are the incentives which include the good profits and the security in agriculture. I have a contract with some schools' headmasters, some markets' women who always come for goods during harvesting. Currently, I have just harvested about 6 acres of maize of which I have regrown another on the same land. Having sat down to analyze things,I have to employ a potential youth to help me in the filed. I am seeking a way forward to add more acres to the farm size so as to serve my country. Thank you.

Loan Proposal

My self and my family can't express our gratitude and joy that the team of this organization and the generous lenders always put in our heart. I am now transformed with the help of this wonderful organization. 
The previous loan I took out was used to expand my farm size from 6 acres to 8acres. If this loan is given, I will increase my farm size to about 20 acres. I will also buy: about 30 bags of fertilizers which may cost $300 agrochemicals like weedicides and pesticides of about 35 boxes each (will be of much help) which may also cost about $350. Again, 15 spraying machines will be needed which may cost about $200 , $350 will be used to buy a land of 35 acres to grow cocoa and will finally used about $200 to buy a motorcycle for easy transportation of goods from the farm into the market which in total may cost about $1500.Thank you!!

Show original English  

About Me

I am Ankamah Emmanuel and my parents are Mr. & Mrs. Ankamah Oduro . We all live in Donfete which is located at Berekum .
I began my elementary school at Berekum AKAB school complex and furthered to Kumasi Prempeh College.
After completing life wasn't easy for me for that reason I stayed in Kumasi with a Brother of mine who was then a plantain farmer to learn farming practically.
Today, I among the big young farmers in this locality .maize and plantaint are the crops i mostly grow. My hobbies are reading, Thank you!

My Business

My business is one that grow plantain and maize,in the beginning, i was abel to raise 32 bags of maize half a year, am excited in this business because many are the incentives which include the good profits and the security in agriculture. I have a contract with some schools headmasters, some markets women who always come for goods during harvesting. Currently i have just harvest about 8 aches of maize of which i have regrown another on the same land. Having sat down to analysis things,i have to even employ someone to helping in the filed looking at things i have to employ a potential youth to help me in the filed.I am seeking a way farwed to add more aches to the farm size so as to serve my country. Thank you.

Loan Proposal

My self and my family can't express our gratitude and joy that the team of this organization and the generous lenders always put in our heart. I am now transformed with the help of this wonderful organization. 
The previous loan I took out was used to expand my farm size from 6 acres to 8acres. If this loan is given, I will increase my farm size to about 20 acres. I will also buy: about 30 bags of fertilizers which may cost $300 agrochemicals like weedicides and pesticides of about 35 boxes each (will be of much help) which may also cost about $350. Again, 15 spraying machines will be needed which may cost about $200 , $350 will be used to buy a land of 35 acres to grow cocoa and will finally used about $200 to buy a motorcycle for easy transportation of goods from the farm into the market which in total may cost about $1500.Thank you!!

Feedback

1

None

1

  • Mary    Apr 11, 2019

    Only repaid 1% of the loan back. No repayments for over a year.

    Log in to reply • Share
  • Margaret    Sep 25, 2017

    Emmanuel paid off his loan perfectly, I would gladly lend to him again and encourage others to do the same.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,466.00

Date disbursed

Sep 25, 2017

Repayment status

Late

Projected term

495 months

Lenders

D

drakekids

Greensboro, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Donna Manton

Australia, Australia

NB

Neil Barnes

Molalla, United States

BS

Brandon S

United States

E

EABF

Netherlands

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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