Purchasing of seeds to start my mushroom farming

Marvin

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Marvin

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

Dear the zidisha team,I am very pleased for the support I have been given through all this years since i joined in helping me in my transport business.Because of the support that I was given, I have been able to save some money to start a new business which is mushroom farming. Mushroom farming is one of the most growing non traditional farming in Ghana now. As a results of it nutritional health benefits in the country now , there is a high demand for it and i would like to take an advantage to be part of the farmers who produce it. I have an experience in this kind of farming since my father is in this kind of business i have also started to grow some onmy own. I am pleading with the zidisha team to help me raise a loan to purchase some seeds and some materials i will be needing to expand this new business. The seeds will cost 250 dollars and the materials will also cost 200 dollars. I will be able to produce a lot of mushrooms if am able to buy plenty mushroom seeds and also the materials that I will be needing. This will help me to employ about five people to help me and also will give direct job to the sellers who will sell. I promise to service the loan as i have been doing in the past. Once again thanks to the zidisha team and my lenders for the support they have been giving to me.

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

Dear the zidisha team,I am very pleased for the support I have been given through all this years since i joined in helping me in my transport business.Because of the support that I was given, I have been able to save some money to start a new business which is mushroom farming. Mushroom farming is one of the most growing non traditional farming in Ghana now. As a results of it nutritional health benefits in the country now , there is a high demand for it and i would like to take an advantage to be part of the farmers who produce it. I have an experience in this kind of farming since my father is in this kind of business i have also started to grow some onmy own. I am pleading with the zidisha team to help me raise a loan to purchase some seeds and some materials i will be needing to expand this new business. The seeds will cost 250 dollars and the materials will also cost 200 dollars. I will be able to produce a lot of mushrooms if am able to buy plenty mushroom seeds and also the materials that I will be needing. This will help me to employ about five people to help me and also will give direct job to the sellers who will sell. I promise to service the loan as i have been doing in the past. Once again thanks to the zidisha team and my lenders for the support they have been giving to me.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$420.00

Date disbursed

Dec 28, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

PG

Paul Graham

United States

JH

Joseph Hwang

Houston, United States

DO

Denis Ontiveros

Guildford, United Kingdom

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Summary

Amount repaid

$420.59

Amount remaining

$0.00

Date repaid

Feb 25, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 7, 2018 $33.27 Jan 7, 2018 $33.27
Jan 14, 2018 $33.27 Jan 14, 2018 $33.27
Jan 21, 2018 $33.27 Jan 21, 2018 $33.27
Jan 28, 2018 $66.55 Jan 28, 2018 $66.55
Feb 4, 2018 $66.55 Feb 4, 2018 $66.55
Feb 11, 2018 $66.55 Feb 11, 2018 $66.55
Feb 18, 2018 $66.55 Feb 18, 2018 $66.55
Feb 25, 2018 $54.57 Feb 25, 2018 $54.57

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