Raising cocoa seedlings to cater for my wards' education

Gladys Amponsah

Biadan, Ghana

10% repaid

Entrepreneur

Name

Gladys Amponsah

Member since

February 2016

On-time repayments

49 installments  •  69%

About Me

Please I am Gladys Amponsah from Biadan in the Brong Ahafo Region of Ghana. I am dark in complexion, about 1.4 meters tall and I am 52 years old. I am a single parent who has been taken care of seven children. By God grace they are all well and have been attending their school regularly. I work very hard in my cocoa nursery farm which has been a support to my family. I am someone who always like to provide help to anyone who is in need of my help and for that matter have so many lovers.

My Business

Cocoa is one of the major cash crops that are grown by many people in our locality. I took this great opportunity to start nursing cocoa seeds after losing my husband who was the bread winner of the family. I have been nursing cocoa seeds for the past ten (10 to the) years and to my surprise the outcome is always amazing. The demand is always high to the extent that, at times I cannot supply all the needs of these cocoa farmers. In fact it is a lucrative business that has help me to cater for my family in terms of providing food, shelter, clothing and taken care of their education. I am able to nurse about 20,00 cocoa seedlings in a year. I want to increase my production of cocoa seedlings and I am therefore pleading to all Lenders to support me raise a loan for my project

Repayment of loan
Business is always good and I am going to pay this loan from the income generated from the sale of my cocoa seedlings. I want to assure you that payment of my loan will be done without failure.

Loan Proposal

I am going to use the amount requested to buy cocoa seeds for nursery.The demand is very high since we are approaching the farming season and I have to nurse more cocoa seeds to catch the buyers. When I am able to do this it is going to help me increase my income in other to take care of my family too. I am pleading with all Lender to come to my aid. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$394.21

Date disbursed

Jul 28, 2016

Repayment status

Late

Projected term

63 months

Cost to entrepreneur

Service fee: $19.89

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