Additional mushroom bags for mushroom growing business
Charity
Sunyani, Ghana
4% repaid
Entrepreneur
Name
Charity
Member since
April 2017
On-time repayments
54 installments • 59%
About Me
My name is Charity Tabea. I live in Abesim in the Brong Ahafo region. I have four sisters and three brothers. I am the fourth born of my parents. Life became difficult for my mother to take care of us since my daddy left her to marry another woman. My dad is a farmer so my mother was with him in a village farming until he left my mummy to be remarried to another woman. My mom has to struggle in taking care of us. Mummy managed to let me complete senior high school, after which I learnt a trade, that is, hairdressing. I have completed it and I do work and pay with my master. I want to own my shop at some time to come so I want to do extra work in order to increase my savings.
A friend of mine has introduced me to the mushroom business which I want to start. What I enjoy doing is cooking my local dishes, such as fufu and banku.
My Business
Currently, I don't have any shop myself. I work with my master. She pays me on a commission basis that is one fourth of the number of customers I attend to. The place is very busy and we get a lot of customers.
I want to add a mushroom business to what I am currently doing. Demand for mushrooms is so high. This is the main reason I want to start this business. I will be able to support my mother in taking care of my younger siblings if I am able to save more.
Loan Proposal
With an amount of GHS 2,537, I will be able to purchase 1600 bags of mushrooms which will cost in approximation 571 U.S. dollars. However, with 1600 bags, I expect an increase in profit of about 50 percent of the cost. This means gradually my business will be expanding and I will be able to help my mum take care of my siblings.
About Me
My name is charity Tabea. i live in abesim in the brong ahafo region.i have four sisters and three brothers.I am the fourth born of my parents.Life became difficult for my mother to take care of us since my daddy left her to marry another woman.my dad is a farmer so my mother was with him in a village farming until he left my mummy to remarried another woman.my mom has to struggle in taking care of us.mummy managed to let me complete senior high.after which I lent a trade.that is hairdresser. I have completed and I used to do work and pay with my master but now work as a mushroom farmer on full time.this is
because I get enough money from the Mushroom business than what I used to do previously.greater thanks goes to this lady who introduced me to this business.mushroom farming is one of the few production system that generates money within the shortest possible time.it takes one to invest less but reaps unimaginable returns within the shortest possible time.it has a lot of market potential.i want to save a lot of money from my mushroom business so i can open my saloon where i will employ some one to assist me. what I enjoy doing the more is cooking my local dish.such as fufu and banku
My Business
currently I work as a full time Mushroom farmer.mushroom business is one of the lucrative business.it takes an individual to invest less and make more money due to the rate at which production comes forth.mushrooms can be harvested two to three between one week.in addition a lot of people are barred from eating meat and so see Mushroom as one of the good substitute.mushroom has a greater market potentials.this makes the business more attractive . demand for mushrooms are so high. I am now supporting my mother in taking care of my younger siblings through my Mushroom business.
Loan Proposal
With an amount of Ghs2,537 I will be able to purchase 1600 bags of mushrooms which will cost in approximation 571 dollars. However with 1600bags I expect an increase in profit of about 50 percent of the cost. This means gradually my business will be expanding and I will be able to help my mum take care of my siblings
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Loan Info
Project Type
Classic Loan
Disbursed amount
$428.00
Date disbursed
Apr 23, 2018
Repayment status
Late
Projected term
6 months
Other loans
Lenders
Gold River, Canada
Houston, United States
United States
New Zealand
United States
Canada
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