Entrepreneur
Name
Samuel
Member since
April 2016
On-time repayments
104 installments • 45%
About Me
My name is Samuel Barnes. I'm 31 years old and single guy. I'm the fifth child among six children in my nuclear family. i live in sunyani and a bachelor of business administration degree holder.I love to watch film, listen to music in my spare time.where i have started with tomato farming in addition to my mushroom framing which i started two years ago.
My Business
I bought my mushroom bags at the cost of $1.20. I now have one thousand stock of bagged mushroom. I now seek to produce my own bag of mushroom. The cost of producing a bag of mushroom is $0.60. loan I can produce more than a 1000bags of mushroom for me business. With this my income level will ariase and improve on my living standards.
Loan Proposal
with the loan I will be able to get more stock. this will increase my income ratio and expand my business to cover a large number of customers.
I will be able to make $1500 after harvesting the mushroom. this is because a bag of mushroom cost $0.50 with the loan on addition to a little saved capital by me, I will be able to buy 1000 bags of mushroom pod. which after harvesting I will be able to make $1500 averagely which will help me and my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 26, 2016
Repayment status
On Time
Projected term
11 months
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