Mushroom compost for my edible mushroom production
Eunice
Sunyani, Ghana
100% repaid
Entrepreneur
Name
Eunice
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
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$678.35
Date disbursed
Mar 17, 2016
Repayment status
On Time
Projected term
10 months
Other loans
Lenders
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Summary
Amount repaid
$712.19
Amount remaining
$0.00
Date repaid
Jan 14, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 27, 2016 | $7.87 | Mar 24, 2016 | $7.87 |
| Apr 3, 2016 | $7.87 | Apr 2, 2016 | $7.87 |
| Apr 10, 2016 | $7.87 | Apr 8, 2016 | $7.87 |
| Apr 17, 2016 | $7.87 | Apr 15, 2016 | $7.87 |
| Apr 24, 2016 | $7.87 | Apr 22, 2016 | $7.87 |
| May 1, 2016 | $7.87 | Apr 30, 2016 | $7.87 |
| May 8, 2016 | $7.87 | May 7, 2016 | $7.87 |
| May 15, 2016 | $7.87 | May 14, 2016 | $7.87 |
| May 22, 2016 | $7.87 | May 22, 2016 | $7.87 |
| May 29, 2016 | $7.87 | May 27, 2016 | $7.87 |
| Jun 5, 2016 | $7.87 | Jun 5, 2016 | $7.87 |
| Jun 12, 2016 | $7.87 | Jun 12, 2016 | $7.87 |
| Jun 19, 2016 | $7.87 | Jun 17, 2016 | $7.87 |
| Jun 26, 2016 | $7.87 | Jun 25, 2016 | $7.87 |
| Jul 3, 2016 | $7.87 | Jul 3, 2016 | $7.87 |
| Jul 10, 2016 | $7.87 | Jul 10, 2016 | $7.87 |
| Jul 17, 2016 | $7.87 | Jul 16, 2016 | $7.87 |
| Jul 24, 2016 | $7.87 | Jul 24, 2016 | $7.87 |
| Jul 31, 2016 | $7.87 | Jul 29, 2016 | $7.87 |
| Aug 7, 2016 | $7.87 | Aug 6, 2016 | $7.87 |
| Aug 14, 2016 | $7.87 | Aug 14, 2016 | $7.87 |
| Aug 21, 2016 | $7.87 | Aug 20, 2016 | $7.87 |
| Aug 28, 2016 | $7.87 | Aug 26, 2016 | $7.87 |
| Sep 4, 2016 | $7.87 | Sep 2, 2016 | $7.87 |
| Sep 11, 2016 | $7.87 | Sep 11, 2016 | $7.87 |
| Sep 18, 2016 | $7.87 | Sep 16, 2016 | $7.87 |
| Sep 25, 2016 | $2.62 | Sep 25, 2016 | $2.62 |
| Oct 2, 2016 | $2.62 | Sep 30, 2016 | $2.62 |
| Oct 9, 2016 | $2.62 | Oct 8, 2016 | $2.62 |
| Oct 16, 2016 | $2.62 | Oct 17, 2016 | $2.62 |
| Oct 23, 2016 | $2.62 | Oct 22, 2016 | $2.62 |
| Oct 30, 2016 | $2.62 | Oct 29, 2016 | $2.62 |
| Nov 6, 2016 | $2.62 | Nov 12, 2016 | $2.62 |
| Nov 13, 2016 | $2.62 | Nov 12, 2016 | $2.62 |
| Nov 20, 2016 | $2.62 | Nov 20, 2016 | $2.62 |
| Nov 27, 2016 | $5.25 | Nov 26, 2016 | $5.25 |
| Dec 4, 2016 | $5.25 | Dec 2, 2016 | $5.25 |
| Dec 11, 2016 | $7.87 | Dec 9, 2016 | $7.87 |
| Dec 18, 2016 | $7.87 | Dec 17, 2016 | $7.87 |
| Dec 25, 2016 | $7.87 | Dec 20, 2016 | $7.87 |
| Jan 1, 2017 | $118.04 | Dec 24, 2016 | $118.04 |
| Jan 8, 2017 | $118.04 | Jan 1, 2017 | $118.04 |
| Jan 15, 2017 | $213.79 | Jan 14, 2017 | $187.56 |
| Jan 14, 2017 | $26.23 | ||
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