Loan to purchase farm produce and sell
John
Greater Accra, Ghana
23% repaid
Entrepreneur
Name
John
Member since
May 2016
On-time repayments
47 installments • 49%
About Me
I buy and sell farm produce directly to consumers so I need some capital for the purchase of the produce from farmers. Again I am a young graduate farmer who lost heavily from farming in 2014-2015 through bad weather that was experienced and wish to raise another capital through buying and selling of farm produce directly from farmers.
My Business
Buying of farm produce directly from farmers and selling it to the local markets between nsawam and accra respectively. Again I choose this kind of goods for the reason that they are edible and they move faster in-terms of sales daily. Part of the profit is used to support my children's fee payment and reinvestment into the business and my monthly income i receive.
Loan Proposal
I will use the loan to buy cassava and plantain direct from farmers for resale to local markets and chop bars,as well as enlarge my customer base by engaging more cassava farmers in order to get regular supply
About Me
i buy and sell farm produce direct to consumers so i need some capital for the purchase of the produce from farmers. again i am a young graduate farmer who lost heavily from farming in 2014-2015 through bad weather that was experienced and wish to raise another capital through buying and selling of farm produce direct from farmers.
My Business
buying and selling of farm produce direct from farmers and selling it to the local markets between nsawam and accra respectively. again i chose this kind of goods for the reason that they are edible and they move faster in-terms of sales daily. part of the profit is used to support my children's fee payment and reinvestment into the business and my monthly income i receive.
Loan Proposal
I will use the loan to buy cassava and plantain direct from farmers for resale to local markets and chop bars,as well as enlarge my customer base by engaging more cassava farmers in order to get regular supply
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Loan Info
Project Type
Classic Loan
Disbursed amount
$389.00
Date disbursed
Oct 5, 2016
Repayment status
Late
Projected term
7 months
Other loans
Lenders
Hong Kong
Jake Gibson and Beverly Picardo
San Francisco, United States
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Will Feb 7, 2018
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