Expanding my cocoa farm

Ronald

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Ronald

Member since

February 2015

On-time repayments

199 installments • 83%

About Me

I am kyere Ronald.I started schooling at AKAB Complex School, continued at Berekum secondary school, completed and continued at tertiary Stage.
I am working as a sole proprietorship as farmer. I entered into farming in the year 2013 with some capital of about $500 with two workers who are being paid monthly.

My Business

NURSERY OF COCOA SEEDS
When finished second cycle, I was gingered to farm. looking at my community I opt for nursery of cocoa seeds simply because, majority of people living in these area are cocoa growers. They have rich lands for agriculture .Many of them choose to grow cocoa. I use that opportunity to start to cocoa seeds nursery. Few people were doing that and during the farming season cocoa seedlings become scarce. I was able to produce 3000 cocoa seedlings in my first year.surprisely; people were chasing me for it. Now, I am able to produce 300000 cocoa seedlings throughout the year.Some of the challenges associated with the cocoa nursery include; ordering of the cocoa seeds, nursery site/space/shade, potting/polybag filling, planting seed, watering, and pest and diseases control.

THANKS TO LENDERS.
I give thanks to all the Zidisha lending groups and the individual lenders who made my dream came into reality.
May God bless and fill all their sources of income so that they may get some to finance the needy ones like me.

Loan Proposal

I need a loan to finance my cocoa seedlings project. These are the items I will buy:
Cocoa seeds=$250
Polythene bags=$150
Fertilizer =$100
Agrochemicals to prevent pestsand diseases =$75
Hiring of land=$200
Money to pay three workers =$400
Mini car for transportation=$500.
I strongly believe that if I get these items, especially the mini car, it will help me alot.

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G
guenter Apr 7, 2017

Congratulations!!

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Dean Suminski Mar 18, 2017

Congratulations on repaying your loan! I think I will have a cup of cocoa to celebrate.

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Flipmore Mar 17, 2017

Ronald has fully repaid his loan, on time, and with very good communication. He is an excellent role model.

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