Organic farming

Nizar

Accra, Ghana

100% repaid

Entrepreneur

Name

Nizar

Member since

July 2017

On-time repayments

75 installments  •  88%

About Me

I lived in Labone Accras a child. I attended various schools . And got a diploma in Business and Finance. Focus and determination was my key . I had interest to become a businessman ,I traded for some years in the family business. Certain factors made trading in goods and commodities very difficult. I saw potential in Agriculture after a friend involved in farming convinced me of its benefits.
Ghana is a real opportunity to thrive in all sectors of business. My oldest girl (10yrs) wants to be a doctor .My son(4yrs) a pilot and my youngest daughter (2yrs) an actress.For recreation I am involved in rugby. Currently I am a board memberfor the Greater Accra Rubgy Association. I also played/coached a club called Accra Sharks but since this year is no more active.

My Business

I run a small scale farm at Prampram. I discovered Biodynamic agriculture . And I came to a higher understanding of a much more productive method of agriculture. I decided I would no longer use chemicals in crop production.
Ghana has a very large market in its food requirements. Producing only about half its needs in vegetables, fruit and livestock. I wanted to produce a very high standard and quality of vegetable and livestock. At the same time being beneficial to my environment. And hopefully to network with other farmers to follow my methods.
Costs always go towards seeds depending on crop. Hiring tractor and contract workers to prepare land, clearing , weeding etc. Transportation to market. Revenue can reach 40-50% depending on crop and time of year.
Profits are mainly for reinvesting and expansion at this stage.

Loan Proposal

Hi lenders with this larger loan amount I need to purchase some tools such as 2 cutlasses ( approx. $5 each)and a pick axe (approx.$10) . And will continue to buy a lot of manure for soil. Organic matter is so important for our soil type. To inhibit fungal activity which is common. Lastly sweet melon seeds. Germination rates can be very low with this particular crop. It's a little difficult . But very popular on the market. One sweet melon can sell for approx. $ 2. O f good size, quality and taste. Mostly the loan will help me to expand gradually the size of land I use.

Feedback

2

None

None

  • Julie    Feb 27, 2018

    On time payment over a period of several weeks. Would happily lend to again.

    Log in to reply • Share
  • JimVandegriff    Feb 16, 2018

    Excellent, on-time repayment of this loan. Thanks!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Feb 24, 2018

Repayment status

On Time

Projected term

2 months

Lenders

Laurie

Sry, Canada

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