199 installments • 83%
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.
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.
I thank all my lenders for how far they have bought me. In fact, I am very sincere about their support and counseling they have given to me during my repayment schedules. The loan they gave me yields $ 540 as profit. I have used some of them ($350) to cater for my family and my two orphans who are in school.
My customers this year have approached me to prepare seventy thousand cocoa seedlings for them to buy. After calculations,I can see to its that money in my possession can't afford the project. I am Herr to raise a loan to embark this project. I hope if lenders helped me with this project,I am sure I can bag a huge some of profit (roughly $1200 after deduction)
These are the items I will buy with the money:
80,000 Cocoa seedlings (400)
5 bags of fertilizer ($100)
2 boxes of poison to check pests and diseases($110)
90,000 sachets rubbers for bagging of soil (350)
3 spraying machines for watering ($150)
6 workers to assist me for three months period ( $600)
If lenders help me to prepare this seedlings, I will be in a better profit ($1200) after all my spendings.
Oct 16, 2018
Cost to entrepreneur
Service fee: $61.15
Credit risk payment: $244.61