Plantain and plantain suckers for planting

Entrepreneur

About Me

I am Richmond from a small village called sabronum in the Ashanti region of Ghana west Africa. But I lived at Kukuom in Brong ahafo region of Ghana west Africa. I was born to a family of ten children and I am the first born to my parents and I also have three children and I have been taking care of all the family members. Because I am only person who has attained high level education. So I my little income from my teaching to support my family members. Because the money is not enough for the family members I decided to go into farming so I planted plantains and it has helped me and my family members I used little income of money to support my family. I have been into farming for the past three years .I want my children to become doctors, nurses and professional teachers

My Business

I am into plantation of plantains and it's suckers. It is of very high demand specially the suckers when they are planting new suckers in a new farm. It is easy to produced the suckers in many quantity. It's a business of high profit because if you invest GHS 1000 for preparation of suckers in three months you will get profit of about GHS 2000. The cost of planting sizable farm is GHS1000. I will use the profit from the farming to improve the living standard of my family and also use some to expand my farm.

Loan Proposal

I will use the loan to hire more labourers costing 45 dollars in order to expand my farming. Also I will use some of the loan to purchase plantain suckers costing 35 dollars. This loan will help me to expand my farm. I am expecting a profit of 50 dollars.

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