Purchasing mushroom seedlings

Marvin Sarfo Mensah

Kumasi, Ghana

15% repaid

Entrepreneur

Name

Marvin Sarfo Mensah

Member since

July 2015

On-time repayments

207 installments  •  69%

About Me

My name is Marvin Sarfo Mensah and I am 22 years of age. I am the oldest and also the only male child of my parents' five children. I had my primary and JSS education at Glory Vel School. I furthered my education to the SHS level at KNUST SHS. At my secondary education, I was in the arts class.

After my secondary education, I have not had the opportunity to further my education as a result of financial problems. As a result of these hardships, I have worked as a laborer since I completed school. After some time, I had an idea of starting my own business, for which I bought a taxi with my savings. The unique thing about Ghanaians is that we are hospitable to people who visit us.

My Business

I offer transport services to people. Such services include transporting people from their home to their workplace, and also from their workplace back home. I also transport people to their trips and all kinds of long-distance travel. I also give my contacts to my passengers who need my service to transport them in case of any emergency, such as transporting them to hospitals.

In my country, most people do not have their own private vehicles, so most people depend on public transport as their source of transportation, which makes my work as a transporter very [well] earning.

Loan Proposal

Thanks to the zidisha team and my lenders for the loan you have been giving to me in my mushroom farming business. I am humbly requesting for another loan which will help me to purchase a lot of mushroom seeds to grow. With the help of my lenders and the zidisha team, my business has grown and as a results of this I have a lot of customers who come to buy from me. I need about 800 dollars to purchase these mushroom seeds to grow. This will also help me increase my profits and also help me to meet the demands of my customers so that they will always come and buy from me. I promise to service the loan promptly as I have been doing always. I hope the zidisha team and my lenders will help raise this loan. Once again thanks to the zidisha team and my lenders.

Show original English  

About Me

My name is Marvin Sarfo Mensah and am 22 years of age. Am the oldest and also the only male child of my parents five children. I had my primary and JSS education at Glory Vel School. I further my education to the SHS level at KNUST SHS. At my secondary education, I was in the arts class. After my secondary education I have not had the opportunity to further my education as a results of financial problems. As a results of these hardships, I have worked as a laborer since I completed school. After sometime, I had an idea of starting my own business for which I bought a taxi with my savings.The unique thing about Ghanaians is that we are hospitable to people who visit us.

My Business

I am in the mushroom farming business for some years now. I grow mushroom for selling and also for domestic use at home. The mushroom farming has been one of the past farming business in the country which use to receive low patronage. In recent times because of its nutritional health benefits as results of eating it, alot of demand has come to it. This has made me to increase my production every time.

Loan Proposal

Thanks to the zidisha team and my lenders for the loan you have been giving to me in my mushroom farming business. I am humbly requesting for another loan which will help me to purchase a lot of mushroom seeds to grow. With the help of my lenders and the zidisha team, my business has grown and as a results of this I have a lot of customers who come to buy from me. I need about 800 dollars to purchase these mushroom seeds to grow. This will also help me increase my profits and also help me to meet the demands of my customers so that they will always come and buy from me. I promise to service the loan promptly as I have been doing always. I hope the zidisha team and my lenders will help raise this loan. Once again thanks to the zidisha team and my lenders.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$680.45

Date disbursed

Aug 16, 2018

Repayment status

Late

Projected term

21 months

Cost to entrepreneur

Service fee: $20.13

Credit risk payment: $60.52

Lenders

djkmoran

United States

LJ

United States

Urszula

United Kingdom

John Minges

United States

Jonathan Ely

Aldershot, United Kingdom

MF

Mike Frawley

United States

B

BSM

France

JH

Joseph Hwang

Houston, United States

Rasmus

Norway

Dieter Meeuwis

Deurne (Antwerpen), Belgium

Mark Wilco

Columbus, OH, United States

Dao Nguyen

austin, United States

PV

Plukgeluk VZW

Antwerp, Belgium

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