Pineapple farming

Gideon Amefu

New Weija, Ghana

100% repaid

Entrepreneur

Name

Gideon Amefu

Member since

August 2014

On-time repayments

299 installments  •  78%

About Me

My name is Gideon John Amefu. I come from a family of six, my parents inclusive. I live at New Weija a suburb of the Accra Metropolis. I am a student and I am currently at the Kwame Nkrumah University of Science and Technology pursuing a degree course in Civil Engineering.

I started a marketing business in order to lift some burden off my parents. I market products such as popcorn machines,hand-made crafted bead bags and purses, wooden bags and more via internet. The money I gain from the sale of these items are used to pay my school fees and my feeding. I also sometimes re-invest the money into other lucrative businesses to get my returns. As a young gentleman, I want to come out of the University prepared to affect my generation positively. I want to do this by training my fellow young ones the skills and appropriate way to marketing especially in Ghana and Africa- this will mean I should have a hands-on training in that regard. With the help of Zidisha and lenders I will promote my marketing plans.

I love to play table tennis, video games as well as football. At my free time I love to read my bible, search for more website where I can post my adverts and market more items online.

My Business

The business I do is online marketing of products. I mostly market products such as teaching aids to people online, door-to-door, through posters and advertisement. My Dad is a handicraft producer who mainly produces teaching aids in both wooden and digital forms. These teachings aids are a supplement to help teachers guide children in their formative stages. The teaching aids would help build their fundamental study of pronouncing words and how to communicate. There is a demand for these goods and services because there are a lot of schools encompassing my neighbourhood and these different schools need these teaching aids to help boost their level of communication to children. My business is much preferred because the teaching aids are sharp,real,easy to read and understand,quality,durable and very attractive and most of all very reasonable(in terms of cost). The business is profitable because there isn't much of a competiton and therefore we are able to supply to a large number of schools in the neighbourhood and make our profits. The main risks my business faces is that, should there be an error in the wording(digital form of teaching aids), it could be rejected and the cost of production is lost. However, this risk isn't so much of a problem because we have alternatives to remedy the situation whenever it occurs. I mostly make approximately 95usd every month. I believe through advertisement I can take over a greater number of schools in my country.

Loan Proposal

This loan is going to be invested towards the cultivation of pineapple. A lot of the youth have shunned away from the agriculture sector of Ghana and yet it contributes about 90% of the food needs of the country. The loan shall be used to rent an acre of land for a period of three years. About 20,000 pineapple suckers would be procured to be planted on the acre of land. Some workers and an agriculture expert would be employed to sow and cater for the pineapple until its maturity period. The pineapple would take a minimum of one year or a maximum of eighteen months after which it would be ripe for harvesting. The start up capital for this project is approximately 1000usd. Considering losses, the profit to be realized could be about 1000usd.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,421.35

Date disbursed

Jun 2, 2019

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Service fee: $43.43

Credit risk payment: $260.69

Lenders

d

., United States

G

GalantnostS

Hong Kong, Hong Kong

M

marvin24

Giessen, Germany

Brian

Midhurst, Canada

M

michael

Mornington, Australia

W

Witlof

Tsukuba, Japan

S

SueB1

Los Alamos, United States

AltruisticSelfishnes

Chicago, United States

S

stroll

Stockholm, Sweden

S

soren

Göteborg, Sweden

C

czeisler

Hochheim, Germany

L

ldron7

Utah, United States

Martin

Manama, Bahrain

T

Tallago3

Munich, Germany

AWeber

Washington, DC, United States

johnandmoliehi

Canton, New York, United States

L

lujabe

Melbourne, Australia

F

fisaire

Ithaca, United States

ElWal

Kirn, Germany

E

ebronken

Oslo, Norway

Cloudways

Malta, Malta

J

jzidi

Los Angeles, United States

lorello

Vicopisano, Italy

AdvancingCompassion

San Diego, United States

Namaste250

Pittsford, United States

countrygirl

Spring Green, United States

ads68

Melbourne, Australia

Hype1

Ashburn VA, United States

J

Johannes

Pirmasens, Germany

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Jason

Auckland, New Zealand

paulclinton

malaga, Spain

R

run426

DeBary, United States

JonB

London, United Kingdom

Richard Griebe

La Jolla, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

L

Lennert

Alphen aan den Rijn, Netherlands

mikeice

Kohler, United States

C

Clben7

Cincinnati, United States

M

MarkKrakow

Joliet, United States

Z

zvrk2014

Brookline, MA, United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

B

bscent

Hong Kong

A

AnnaLou

Switzerland

V

vbud

United States

adrianz

United States

Y

Yanque

Madrid, Spain

CC

Catherine CatDesignz

Halifax, United Kingdom

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

TM

Theo Mbise

Switzerland

R

Robert

Berlin, Germany

R

RoyKaufman

United States

W

Wade

United States

LJ

United States

Lou Kaucic

Sanbornton, NH, United States

JT

John Tabacchi

United States

E

erica

antwerpen, Belgium

S

Susie

Christchurch, New Zealand

Max Lettenberger

Madison, WI, United States

KP

Kelly Partyke

United States

Kevin

San Francisco, United States

HS

Harry Shulman

United States

FK

Faraz Khan

United States

JC

JD Conley

United States

Jennifer Weber

Canandaigua, Ny, United States

JD

Jeff DePree

United States

John Prendiville

Portland, United States

WE

Wendy Emlyn

Devon, United Kingdom

PT

Paul T

Amsterdam, Netherlands

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

H

Harry

Florida, United States

NO

Nancy Owen

United States

B

Brent

United States

Pedro R-C

Cambridge, United States

N

Nick

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

wissam

Jeddah, Saudi Arabia

Joe Lamantia

Reston, Virginia, United States

Douglas St Quintin

Sydney, Australia

A

Andrei

United States

Cliff

United States

M

mariamfula

United States

SH

Steven Huntington

London, United Kingdom

Carlo Cruz

Cincinnati, OH, United States

DM

Dritan Muneka

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

Mr Chris Turner

Cambridge forever England, United Kingdom

BS

Brandon S

United States

KE

Karen Epolito

Syracuse, NY, United States

P

Phips

Switzerland

I

isaac

United Kingdom

RC

Rudi Chen

United States

A

Ashley

United Kingdom

Carla

United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

E

EABF

Netherlands

KirstenAlana

Los Angeles, United States

RT

Rob Torti

United States

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

Bart Vogelzang

Ladysmith BC, Canada

James

London, United Kingdom

SA

Shar Alamdari

Los Angeles, United States

J

Jon

United States

Ren

Minneapolis/StPaul, United States

L

Lucy

Australia

Martin Kraus

Traiskirchen, Austria

H

Hans

Czech Republic

Benjamin Kniaz

Boston, United States

KJ

Kevin J Baird

Cleveland, OH, United States

JA

Joshua Axtell

United States

Richard Benyon

United States

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

R

Ryan

Albuquerque, NM, United States

BP

Bill Piper

United States

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Hans Moor

Vorden, Netherlands

M

Margaret

United States

D

David

United States

JH

Joseph Hwang

Houston, United States

M

Mary

United States

Carrie

Arlington, MA, United States

T

TP

United States

petter

Finland

FP

Fred Pratt

United States

MA

Mauricio Arguedas

San Jose, Costa Rica

SW

Sean Walsh

United States

Nick Studenski

Minneapolis, United States

KA

Kate and Tom

United States

Jeanette

Fort Worth, Texas, United States

C

Camm

Australia

Dao Nguyen

austin, United States

Andrew

United States

B

Bram

Germany

GF

Gammon Family

United States

E

eoghan

Switzerland

KL

Kerry Lane

United States

AN

Alex N

Australia

Ask Gideon a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Gideon Amefu    Oct 8, 2021

    Hello Zidisha, business has been slow lately. Cost of production has gone up in recent times due to increment in the prices on the market. The profit margin being made previously has now been slashed down due to this change. However, we are making new changes and improvements to boost sales. Thank you

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  • Christian Golo    Oct 7, 2021

    John Amefu's phone is switched off, but I manage to speak with one of his references Roland Adjei who to talk to him.

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  • Christy Doh Happy    Sep 24, 2021

    He promised to resume payment soon

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  • Christy Doh Happy    Aug 19, 2021

    When I call Amefu he told me business is slow but he will make sure to pay some

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  • John Michael Arthur    Aug 16, 2021

    I spoke with him today and he promised to resume payment soon

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  • Gideon Amefu    Aug 5, 2021

    Well business has been slow of late but we are hoping with time it would pick up. Prices of commodities have gone up drastically and as such it is causing our operational cost and pricing of the machine to go up. Due to the changes in price, we are not having an influx of buyers as before plus the COVID-19 situation. I hope to resume payments in bulk once market gets back to normal. Thank you

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  • John Michael Arthur    Jul 14, 2021

    I called him and he said he will resume payment soon

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  • Gideon Amefu    Jul 1, 2021

    The prices of our raw materials for production have increased tremendously in Ghana and keep increasing. Each day there is a change in prices. It has reduced the profit margin we make on our products. However, we are trying our possible best to pay back the loan in due course. Thank you

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  • John Michael Arthur    Jun 13, 2021

    I called Gideon's line he is picking and all his references and they are all also not picking up calls

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  • Gideon Amefu    May 26, 2021

    Business has been a little bit slow and we are hoping it would pick up soon. We are advertising more to get more buyers for our products. Thank you

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  • Abdul Shakool    May 2, 2021

    Gideon said business is slow so I should give him 2 weeks to repay it back

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  • Gideon Amefu    Apr 21, 2021

    Business has been a bit slow since the beginning of the year. We are hoping for our product to start moving as usual in the course of the subsequent months.

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  • Gideon Amefu    Apr 10, 2021

    Hello lenders, business just began to pick up. When the year began, we had very few orders but the market is beginning to become steady and I hope to start paying off the loan as agreed. Thank you

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  • Abdul Shakool    Mar 31, 2021

    Gideon said he will repay his loan back soon

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  • Frank Afful    Mar 2, 2021

    Gideon says he is facing some challenges but will repay the loan

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  • Gideon Amefu    Feb 8, 2021

    Business is still not brisk as expected. Orders keep coming but not in their usual numbers. I would like to reduce the installment amount until our order numbers go up. Thank you

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  • Frank Afful    Jan 30, 2021

    I spoke to Gideon mother and she promised to inform Gideon of the payments

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  • Gideon Amefu    Jan 11, 2021

    During the Christmas festivities, business seemed to be much slower and its now picking up. Orders for our popcorn machines have started trickling in but not in the usual quantity we used to sell. I am hoping things normalize by ending of January so we could pay much more than we are doing now. Thank you

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  • Gideon Amefu    Jan 4, 2021

    Sales have grinded almost to a halt due to the Christmas and New year holidays. We are hoping sales would pick up in the next couple of weeks but for now we have to adjust our installment rate so that I don't default.

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