Mushroom compost for my edible mushroom production

Eunice Frimpong

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Eunice Frimpong

Member since

July 2015

On-time repayments

213 installments  •  64%

About Me

I was born by Ghanaian parents, Albert Barnes and Comfort Barnes in the year 1980. Both parents had basic level of education but manage to sponsor all six siblings to tertiary level of education. We are six siblings, three ladies and three gentlemen.

My family have a long history of farming, which dates back to my grand parents and as such farming has become my hobby.

I was introduce to mushroom farming about two years ago by nutritional values in mushroom.

My Business

From the Ghana Permaculture Institute I purchase bagged mushroom compost ready for production. To create the conducive environment for the mushroom to grow well, I keep them moist and cool by watering them twice a day.

The production of the mushroom increase by 70% with my third loan. Thanks to Zidisha. Currently, I have three thousand old stock and nine hundred new stock of bagged mushroom compost. And I produce not less than $80.00 of mushroom three to four times a week. They last for three months after which there is need to go for another stock.

The edible Mushroom I produce is highly nutritious with a lot amino acids and easily digestible proteins. They are good for the immune system and for growing kids.

Loan Proposal

The edible Mushroom I produce is highly nutritious with a lot amino acids and easily digestible proteins. They are good for the immune system and for growing kids.

Given the loan I will be able to expand my stock. I can purchase more mushroom compost and the turnover will be very high. Each bag of mushroom compost, is about $0.40. After maturity each bag can fetch about $1.20. With the loan, I can purchase 400 bags ($160.00) of compost mushroom and I will be able to make $480.00 in a short time including production and marketing cost.

My profit margin will drastically increase and I will be able to take care of the family and my business.

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$233.00

Date disbursed

Oct 2, 2015

Repayment status

On Time

Projected term

5 months

Lenders

Feldborg

Stuttgart, Germany

G

guenter

Bremen, Germany

JimVandegriff

Trinidad, California, United States

DoctorSnuggles

Lemmer, Netherlands

Treesforpeople

Oxfordshire, United Kingdom

soniad

Dubai, United Arab Emirates

PlanetEarth

Somewhere close, United Kingdom

R

RJonR

United States

JA

Jorge Alagon

Munich, Germany

Jessosix

Perth, Australia

Anna Hoad

Toronto, Canada

T

thedan33

Czech Republic

NB

Neil Barnes

Molalla, United States

wissam

Jeddah, Saudi Arabia

Douglas St Quintin

Sydney, Australia

Carl D Patterson

United Kingdom

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