Yam farm

Peter

Bassa, Ghana

100% repaid

Entrepreneur

Name

Peter

Member since

November 2017

On-time repayments

46 installments  •  39%

About Me

Am called Peter Berko Kofi, am from BASSA in the sene east district of Ghana. I am married with one kid, am from a family of 8. Am the eldest son of my parents. I started my basic school in BASSA Presbyterian basic school. After successful graduation, I went to kajaji senior high school. I could not proceed because of financial problems. My parents were very poor. We could hardly afford 3 square meals. My child we be educated the highest level but I will encourage them to go into private business. I am into yam farming. I need $ 1000 to Start and I will make $200.00 profit.

My Business

Am a yam farmer, because am from one of the poorest districts in Ghana. Farming is our only source of living . I gathered some cash to into yam farming so I can take care of me younger ones. Yam is high in demand because is our staple food, our district is the food basket of my country ghana. This makes my products very important to human life.
I will need $1000 per season and I will make $200.00 profit season.

Loan Proposal

I will use the loan funds to invest into my yam farm. Am a yam farmer, i produce 2000 yam tubers per season. My typical cost stands at 1500.00 dollars and my profit is usually 750.00 dollars per season.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$55.00

Date disbursed

Feb 17, 2018

Repayment status

On Time

Projected term

7 months

Lenders

Lotus Flower

United States

Dennis L

Berlin, Germany

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