New seedlings for my plantain farm

Martha Serwaa Ataa

Sawua, Ghana

100% repaid

Entrepreneur

Name

Martha Serwaa Ataa

Member since

November 2016

On-time repayments

149 installments  •  35%

About Me

I am Martha Ataa Serwaa , 29 years of age. I am fair in colour. I am Third born in a family of five. I Completed Tafo SDA Junior High school in Ashanti region. My uncle gave me a piece of land to cultivate plantain and vegetables due to my hardwork, to support my myself .I helped my parents on the farm.I attended Aduman senior high school where I offered Agriculture science and continued to Kumasi polytechnic to become a business administrator .

My Business

My Business
my main focus now is on my plantain farm. plantain is one of the major cash crops in my country. i want expand my farm so that i can increase my production and hence my profit.
I will have to hire new labourers to clear the land which will cost me about five hundred Ghana cedis. I will also need seven hundred Ghana cedis to buy new suckers.
i will also need one thousand ghana cedis to thousand three hundred Ghana cedis to pay for the land. i will also need five hundred Ghana cedis to cater for some petty expenses on the farm.

Loan Proposal

I'm going to use 70 percent of the loan to buy plantain suckers. I will also use 5 percent to buy new farm tools cutlass and hoe . I will also use 5 percent to buy a spraying machine. I will use 10% percent to pay my laborers . I will use 10 %percent to support my husband pay our house rent and use the remaining to buy text books for my kids.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$497.27

Date disbursed

May 29, 2017

Repayment status

On Time

Projected term

108 months

Cost to entrepreneur

Service fee: $13.17

Martha opted to pay $89.64 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

B

beckynagel

United States

LJ

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

Jan V

Port Dalhousie, Canada

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