Loan to service my water pumping machine
Saadat
Buipe Central Gonja District, Ghana
100% repaid
Entrepreneur
Name
Saadat
Member since
June 2016
On-time repayments
135 installments • 73%
About Me
I'am Sadat Salifu Gbankulso (SS Gbankulso) from Buipe, Central Gonja (Ghana). I am8the first and first male child of my parents. I had my elementary education at Kabilpe MA basic school and continued to Ndewura Japka Senior High. Due to economic challenges, I could not further my tertiary education. I decided to3 take8 up1 a farm1. my1 farm is doing*$ well I have a vast land of more than 800 acres. I can only work on just a small portion. I get a revenue of over $750 bi-yearly. The farm is really helpful to me in supporting my family and other relatives financially. I am married with two children. My hobbies include reading, farming, tours etc. I am 35 years now.
My Business
My Business
My farm returns1 very good revenue1 to support1 me and my family1. I grow maize, vegetables, plantains, yam etc1. This year1, I want to expand1 the farm by growing cassava which1 is of high1 demand1 year on year. I therefore1 request this loan to buy inputs and hire labour to help1 at the farm1. With1 the size1 of land1 I have, my revenue1 would increase very much if more capital is injected into it. I envisage a return of over 50 bags of maize which currently translate to about $2200. I am therefore counting on you to achieve this goal to provide sound future for my ward and family.
Loan Proposal
this loan will be used to service1 my water1 pumping machine. the service1 would1 cost1 about1 $40. Some1 of the loan1 will be used1 to hire labor1. I will also service1 my motor1 bike and also buy pepper seeds for sowing this season. Of late, cashew have become of high demand. I am planing of clearing a piece of land for cashew plantation.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$178.00
Date disbursed
Apr 10, 2017
Repayment status
On Time
Projected term
9 months
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