Loan to improve my vegetable farming

Danso

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Danso

Member since

January 2017

On-time repayments

98 installments  •  70%

About Me

At tender age,my parents who were big time farmers would take me to their big cocoa and cashew farms. In school,it developed my interest in farming activities so I did Agricultural science. After Senior High school I went into vegetable farming. I realized that most of the people in my community were big into cash crops such as cocoa and cashew. I am of the view that I can possibly get some profits from this vegetables since their maturity periods are very shot as compared to growing cash crops which are harvested annually. My parents did not like the idea but I have been able to prove them wrong. They visit my farm and commend me for what they see. Now they even support me in my endeavours.

My Business

I grow vegetables such as Cabbage,tomatoes,onions,pepper and okro. These are things that are demanded daily and that is why I entered into it. I went into farming with about Ghs120. Today, I have a business capital of about Ghs10,000. I have been able to buy a tractor to work on my farm through this vegetable farming. I have employed farm assistance who are seen working on my vegetable farming daily. I have bought more Knapsack sprayers to enable me to spray to control weeds and insects. I m also happy when I visit my farm and my workers work very hard because I motivate them well.

Loan Proposal

Every year,especially the dry season,most vegetables are scarce. Middlemen from Accra travel all the way to Dormaa Ahenkro to buy and sell to the urban centres. This is the time I sell my produce to make money. This year,it is my plan to plan tomatoes and cabbage.I will buy tomatoes $13, cabbage seeds $10, fuel for my tractor to clear the land $16. Labour cost about $15.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

May 26, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

JimVandegriff

Trinidad, California, United States

Ask Danso a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...