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

6

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 30, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

davelowe100

Perryville, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

Y

Yasha

Beer Sheva, Israel

JimVandegriff

Trinidad, California, United States

fairspirit

Utrecht, Netherlands

mepster

San Francisco, Ca, United States

B

Bruce

Hong Kong

MW

Matt Willis

United States

H

Hakon

Drammen, Norway

wissam

Jeddah, Saudi Arabia

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Summary

Amount repaid

$113.00

Amount remaining

$0.00

Date repaid

Sep 25, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 9, 2015 $14.00 Aug 7, 2015 $14.00
Aug 16, 2015 $14.00 Aug 16, 2015 $14.00
Aug 23, 2015 $14.00 Aug 22, 2015 $14.00
Aug 30, 2015 $14.00 Aug 30, 2015 $14.00
Sep 6, 2015 $14.00 Sep 4, 2015 $14.00
Sep 13, 2015 $14.00 Sep 11, 2015 $14.00
Sep 20, 2015 $14.00 Sep 19, 2015 $14.00
Sep 27, 2015 $15.00 Sep 25, 2015 $15.00

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