Loan to raise cocoa seedlings to support my children's education

Georgina

Techimantia, Ghana

100% repaid

Entrepreneur

Name

Georgina

Member since

July 2016

On-time repayments

152 installments  •  75%

About Me

My name is Georgina Ansere. I was born on 7th July, 1979. My place of abode isTechimantia , I am tall by stature. The names of my parents are Mr and Mrs Ansere kofi. Unfortunately, my schooling was truncated at the primary due to factors beyond my parents control. Even though i was not academically good, i did not allow that to serve as an obstacle in my life because i knew there other opportunities that come on my one day.So immediately a friend recommended zidisha to me, i told myself this is an opportune time for me. I am able to nurse about 30,000 cocoa seedlings yearly. I want to increase my production by purchasing more cocoa seeds and employ more casual workers so that I can sell more seedlings

My Business

The name of my business is Georgina’s cocoa seedlings farm. This is located 1km from Techimantia along Techiman to Kumasi road. The main aim of establishing this cocoa project was to nurture seedlings for local farmers in my catchement area.The proceeds from the sales, i believe will cushion me and lesson my financial burden. Cocoa is a tropical crop and usually grows well in climate with high humidity and rainfall. Cocoa is a major cash crop cultivated in my area. I started this project after the death of my husband.He was the principal bread winner of the entire household. I started with only 2,000 and subsequently, has increased to 30,000. In fact, the outcome had been very encouraging and surprising because, I at times, cannot supply all the farmers. Some of the farmers even place order in advance before they are supplied.
Truly speaking, the nursery project has been of great significance because it has lesson my financial predicaments. I want to increase the production of the cocoa seedlings from 30,000 to about 40, 000 yearly. However, this vision cannot be achieved without access to good source of funding such as zidisha due to it interest free nature.

Loan Proposal

The loan requested will be used to purchase more cocoa pods (seeds) and also engage the services of casual workers to help me prepare the nursery beds. I want to raise about 40,000 cocoa seedlings for selling and I am sure that if I am able to do that, it will help me increase my income level to take proper care of my family. The repayment will be made from the profit generated from the project weekly.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$136.00

Date disbursed

Jul 28, 2016

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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