Loan to stock my agro-chemical shop

Boakye

Tepa, Ghana

100% repaid

Entrepreneur

Name

Boakye

Member since

October 2016

On-time repayments

67 installments  •  18%

About Me

I am Boakye Kofi, a 29 year old Ghanaian. I am a married Christian with 2 children. I attended Tepa R/C Basic School and then continued to Bechem Senior High School where I studied Agricultural Science. I then continued to Kwame Nkrumah University where a B.S. in Agricultural Technology is offered. After national service, life became very difficult because there was no public sector work or capital to start something on my own as an Agriculturist. So, I helped my father in his cocoa farm in the Western region of Ghana. I worked with him for 2 years and at the end of the farming season I told him I wanted to go into the selling of agrochemicals. He gave me capital which I used in establishing my agrochemical shop. I have since worked here. I love eating fufu and groundnut soup.

My Business

My Agro-chemical shop has been my source of funding. Here, I sell organic fertilizer made from poultry and cow dung. I chose this business due to the high climatic change which has affected our food production and is therefore leading to a low level of food security. I am therefore appealing for financial support to buy 20 curtains of Confidor, 20 curtains of gylamoxine weedice and 10 curtains of Akate master. This will help me to complement my agrochemical shop so that farmers who are interested in inorganic fertilizer can also meet their needs in my shop. This is expected to increase my profit by 45% and the profit generated will help me in paying my children's school fees. I promise to pay back the loan as stated in my application. Thank you.

Loan Proposal

I will buy 20 curtains of Confidor,10 curtains of Akate master and 10 curtains of Glymoxone weedicide .This will help me to complement my agro chemical shop because I will meet the other section of farmers who are also interested in inorganic fertilizer. With this am expecting a profit increase of 45% which I will use in expanding my business and also use part in paying my children school fees. I promise to work more harder and repay back the loan as stated in my application . Thank you and long live zidisha.Thank you

Show original English  

About Me

I am Boakye Kofi a 29 year old Ghanaian. am a married Christian with 2 children. I attend Tepa R/C basic school and then continued to Bechem senior high school where I offere Agricultural Science. I then continued to Kwame Nkrumah University where I offered B.S. Agricultural Technology.After national service life became very difficult because there was no public sector work or capital to start somthing on my own as an Agriculturist. So I helped my father in his cocoa farm in the Western region of Ghana. I worked with him for 2 years and at the end of the farming season I told him I wabt to go into selling of Agro- chemicals.He gave me capital which I used in establishing my Agro chemical shop.I have since worked here .I love eating fufu and groundnut soup.

My Business

my Agro-chemical shop has been my source of funding.Here I sell organic fertilizer made from poultry and cow dung.I chose this business due to the high climatic change which has affected our food production and therefore leading to low level of food security. I am therefore appealing for financial support to buy 20 curtains of weedicde ,20 curtains of herbicide weedice and 10 curtains of a master .This will help me to complement my Agro chemical shop so that farmers who are interested in inorganic fertilizer can also meet their needs in my shop. This is expected to increase my profit by 45% and the profit generated will help me in paying my children school fees. I promise to pay back the loan as stated in my application.Thank you

Loan Proposal

I will buy 20 curtains of Confidor,10 curtains of Akate master and 10 curtains of Glymoxone weedicide .This will help me to complement my agro chemical shop because I will meet the other section of farmers who are also interested in inorganic fertilizer. With this am expecting a profit increase of 45% which I will use in expanding my business and also use part in paying my children school fees. I promise to work more harder and repay back the loan as stated in my application . Thank you and long live zidisha.Thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$129.00

Date disbursed

Oct 31, 2016

Repayment status

On Time

Projected term

27 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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