Loan to purchase fertilizers and irrigation equipment

Augustine Kyere

Berekum, Ghana

100% repaid

Entrepreneur

Name

Augustine Kyere

Member since

August 2015

On-time repayments

138 installments  •  74%

About Me

I am Augustine Kyere, a native of Berekum and a Ghanaian. My colour dark and about 5.6 feet tall. My parent are Mr kyere and Mrs Owusuaa. I started my Basic education at Akab comolex School at Berekum and then after further to Berekum Presbytarien Senior High school of which i offered General Agriculture Science as a course. I am currently pursuing degree in Agriculture at Valley view University. My hobies are reading and playing football

My Business

I started making my own farm in the year 2011 after i completed my senior high school . I taught it wise to apply the skills and knowledge i got with regards to the course i purse at the snior high school .i first of all started growing vergitables and for that matter tomatoes and the like, and by Gods grace things went better for me to get a base capital of about $100. Recently i grow tomatoes ,paper, egge plant and even maize. In fact this business of mine is really helpful because it is this same business that i used to pay my semister fees and other books needed. I wishe to apply for this loan to buy morden equipment like splaying machines and other agrochemicals so that i can harvest bountyfuly . Thank you.

Loan Proposal

As i have made my self known already as an agricultural science students at the university who also practice farming in support of my education, with my previous loan since my credict limit wasn't enough i was able to buy 2 quality splaying machines and a box each of both pesticides and liquid fertilizer but at last i was able to increase my profit margin to about 45% but with this my previous loan if granted, i will buy 6 boxes each of agro chemicals like pesticides and wedecides , 5 bags of fertilizers NPK 15:15, watering tank which will help me to face this new season with confidence, all this items in total may cost about $600 . This items if bought will help me to increase my profit margin to about 70% of which i will be able to pay my loan back with ease and also pay my second semester fess to help me achieve my goals in education. Thank you!

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$304.75

Date disbursed

Dec 1, 2015

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: $7.72

Lenders

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

MW

Matt Willis

United States

PG

Paul Graham

United States

MS

Mike Sutherland

United Kingdom

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

Loading...

Loading...

Loading...