Orange seeds and pump machine for nursery site

Duah Prince

Berekum, Ghana

100% repaid

Entrepreneur

Name

Duah Prince

Member since

February 2015

On-time repayments

77 installments  •  26%

About Me

Duah Prince is my name and I am a man of 26 years old, I was born on 1988 in a village near Berekum which is about 10 minutes drive from main township of Berekum municipality.
I am dark in complexion and I am 4.4 feet tall. I have 4 siblings with me been the second born of my parent. I am single and studying Math and Science by distance learning at the University of Cape Coast Ghana. I started my basic education at R/C Boys in berekum.I like framing because all my parents are farmer

My Business

NURSERY OF ORANGE SEEDS
After completion of my Secondary School Education, I started to find something to do so that with a little help from my parents I can continue my tertiary education because I have younger siblings that needs to be cater for by my parent and closely looking at my community I opt for nursery of orange seeds simply because, majority of people living in these area are farmers. They have good land for agriculture and for that matter many of them choose to grow orange. I use that opportunity to start to orange seeds nursery. Few people were doing that and during the farming season orange seedlings become scarce. I was able to produce 3000 orange seedlings in my first year of and to my surprise; people were chasing me for it. As I am speaking, I am able to produce 25000 seedlings throughout the year. This has been the major sources of income to me and the family.
Some of the challenges associated with the orange nursery include; ordering of the orange seeds, nursery site/space/shade, potting/poly-bag filling, planting seed, watering, and pest and diseases control. I am able to manage all these challenges and always be in profit. I know with a help from Zidisha and the Lenders my dream can be fulfill

REPAYING OF LOAN
I promise you, I am going to pay back to your satisfaction, because people are patronizing my services, I am able to make profit and can pay the loan from these profits. Thank you.

Loan Proposal

Please if you consider me and given this $100 loan, I am going to use it to purchase orange seeds and nursery bags so that I can increase the number of orange seedlings I am producing. I want to satisfy all my customers and this will help increase my income in other to continue with my education too. I am therefore pleading with Lender to support my project. Thanks for your help.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$111.67

Date disbursed

Feb 23, 2015

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $111.67 at 3.35% annual rate over 1 month = $0.57

Service fee: $0.38

Lenders

P

Philippe

Adliswil, Switzerland

Hope2012

United Kingdom

KM

British Columbia, Canada, Canada

fairspirit

Utrecht, Netherlands

A

andreasb

Zug, Switzerland

C

Carlos

Barcelona, Spain

mole333

Brooklyn, United States

mepster

San Francisco, Ca, United States

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