Loan to invest in yam farming

Entrepreneur

About Me

My name is Abubakari salifu, am a yam farmer and also a local blacksmith. I was born on 1/7/1988. Am married with four kids. Am from kajaji in the Bono East region. I have a vast land for yam cultivation but I lack the funds to fully operate it. Life is never easy for me, I can hardly feed my four children and my wife. I have not being to school so I can't do any formal job. So I have to take up farming as my job. I believe in being thought how to fish and not being fed with fish, so my generous lenders please help me. I need your help. I want increase my farm from the current two acres to ten acres. I want to also increase my yam mounds from 2000 to 10000. Without your help, I can't achieve this feet. Please help me out. So I can become one of largest producer of yam in Ghana and beyond.
I am also a local blacksmith, I maintain old bowls, basins, pots and many more. The little cash I get from my blacksmith work is used to take care of my family.
I have not being to school, so I want to educate my children to the highest level. So they can fulfil my dream of becoming the teacher I wanted to become. With the above my dear lenders, you can I really need your help. So please help me.

My Business

Am a yam farmer and also a local blacksmith. I started my business 500. I currently have 2000 yam mounds but I intend to increase to over 10000. I sell my yams in Kajaji, Keane Danso and Ejura markets. I harvest 3000 tubers annually but I intend to increase it to over 15000 tubers annually. Am just a poor man, but I know with your help i can become one of the largest producer of yam in Ghana. I believe in my self. I just need to be supported financially.
I make Ghs 1000 weekly and my weekly profit is Ghs 300. I promise to abide by your repayment schedule.

Loan Proposal

If my loan is fully funded and disbursed. I will invest it into my yam farm. I have about 10 Hector's of land. I farm other crops but yam is my major crop. I make 1500 weekly and my profit is 500 per week after business expenses. I use the profit to take care of my family

Income Source

Am a local blacksmith, am also a yam farmer, I rear animals as well. My guarantor has assured me he will help repay my loan increase I defult, even though I don't intend to default. I promise to repay this loan as soon as possible

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