Purchasing seeds and water pump for irrigation

Barosky

Berekum, Ghana

100% repaid

Entrepreneur

Name

Barosky

Member since

January 2015

On-time repayments

81 installments  •  16%

About Me

My name is Kyeremeh Barosky. I am 23 years old,I was born at Drobo in the Brong Ahafo Region. But i am now live in berekum. I was raised by single mother after my father died when i was still young.I am the first child in my family. i went to school at R/C Boys school. my mother had no money to pay for my secondary school fees.
After finishing my basic education, i went to live with my grandfather who grow me into farming work. life was good for me because everything i wanted i was provided for me. my grandpa became old and he could not be able to operate on his farm any more so he asked me to take over on his farm work. i never loved the farm work because one could be dirtied with mud but i had too. Now am a good farmer i produce tomatoes,vegetables,maize,beans.Besides that i run a grocery where i sell tomatoes,vegetables,onions,potatoes,cucumber

My Business

I am a farmer and i sell a small grocery in my town.I do sell vegetables,tomatoes,potatoes,cucumber,fruits.My goods are on demands simply because they are food staffs that is essential to every household and they are really needed in daily life.
I started this business to open a market for my farm produce and also to create employment opportunity for myself and other people .My monthly cost ranges from $65 to $80 and am able to generate $10 per day revenue.Mostly i usually get $15 per day. i need this loan so that i can buy more seeds for my farm and employed people to work with.And also buy irrigation water pump machine to supply my farm with water to produce more product because here in my country we are in the dry season and it is very difficult to get water that is why i am pleading with you to get this loan

Loan Proposal

When i receive the loan ,i will rush to the market to buy these seeds and irrigation water pump machine which i will in my farm etc. I assure you that, i will use the money solely for it purpose in other to attract more customers and help grow my business.I plead with the lenders to consider this my application in other for me to grow more crops in my farm which will be able to solve the needs of the people in my community. I hope and know that if i get this money my profit margin will be increased and will be able to generate a minimum of 40% profit within a week.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 2, 2015

Repayment status

On Time

Projected term

6 weeks

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Summary

Amount repaid

$113.00

Amount remaining

$0.00

Date repaid

Mar 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 15, 2015 $18.67 Feb 15, 2015 $18.67
Feb 22, 2015 $18.67 Feb 24, 2015 $18.67
Mar 1, 2015 $18.67 Mar 2, 2015 $18.67
Mar 8, 2015 $18.67 Mar 12, 2015 $18.67
Mar 15, 2015 $18.67 Mar 15, 2015 $18.67
Mar 22, 2015 $19.67 Mar 23, 2015 $19.67

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