Stock of fertilizers and other agro-chemicals for my shop

Obeng

Berekum, Ghana

100% repaid

Entrepreneur

Name

Obeng

Member since

January 2015

On-time repayments

150 installments  •  33%

About Me

My name is Obeng Mireku Jnr. I am a native of Kwahu Mpraeso in the Eastern Region of Ghana but I reside in Berekum in the Brong Ahafo Region. I am a second born of the Christian families of Mr. Patrick Obeng Mireku and Mad. Paulina Sakyiwaa Dankwa. I had both Basic and Secondary education in the Brong Ahafo Region. I had my Tertiary education at the Kwame Nkrumah University of Science and Technology, Kumasi where I obtained my Bachelor of Science Degree in Mathematics. Currently, I teach Mathematics at Don Bosco Technical Institute, Odumase and also own an Agro Chemical Shop in Berekum in the Brong Ahafo Region of Ghana.

MY HOBBIES: Swimming, Playing guitar and solving mathematical problems.

My Business

Growing up as a young boy in farming community, I naturally developed the love for agriculture and from childhood till now, I have been involved in the cultivation of food crops. My long life dream of becoming an entrepreneur motivated me to start an agro chemical shop in Berekum after my national service with the help of my father. I did a survey in my area and realized that most of the farmers in my community are gradually changing from the traditional method of using just hoes and cutlasses in farming and have embraced the modern trends of cultivating on large scale, which can be made possible through the use of machinery and agro chemicals.
However, the few agro chemical shops that were available at the time were into what I term as “just buying and selling” without educating our farmers, most of whom are illiterates on the right and appropriate procedures on how to use these chemicals they sell to them.
My passion to offer quality and better services to farmers in my locality so that the chemicals they use in farming wouldn’t have any adverse effect on consumers led to me opening an agro chemical shop in 2009. The name of my shop is FARMGATE AGRO CHEMICALS, located off the Berekum – Dormaa road and opposite the Barclays Bank.
After the necessary education and equipping myself with the necessary knowledge concerning the application and use of agro chemicals and use of farm implements and machinery, I employed one person to help me manage the shop and he takes charge when I am not physically present.
I am now able to support my family and other ventures I enter into due to the proceeds I earn from my Agro chemical shop.

Loan Proposal

I would like to thank all Zidisha lenders most especially ORBP1, FAMILY MUELLER, Kuebel, NOWfund, ROZENTUIN and Vasily Kudrin for funding my first project.
As I said in my first loan proposal, there is still much room for improvement especially in the area of meeting the demands of our customers. I would be very grateful if ZIDISHA LENDERS could grant me another loan to increase the stock I have in order to meet the demands of my customers. I plan to repay the loan with the proceeds I make from the shop. Agro chemicals in my locality is a fast moving commodity and repayment of the loan wouldn’t be a problem.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$218.00

Date disbursed

Mar 12, 2015

Repayment status

On Time

Projected term

3 months

Lenders

T

ToddK

Indianapolis, IN, USA, United States

Laurent

Vevey, Switzerland

ads68

Melbourne, Australia

B

Bjoernanders

Tromsø, Norway

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Mun

Orlando, FL, United States

NathanMoore

United States

M

Malte

Hanover, Germany

Lou Kaucic

Sanbornton, NH, United States

JS

Johan Steen

Malmö, Sweden

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Summary

Amount repaid

$266.33

Amount remaining

$0.00

Date repaid

Jun 22, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 22, 2015 $19.00 Mar 22, 2015 $19.00
Mar 29, 2015 $19.00 Mar 29, 2015 $19.00
Apr 5, 2015 $19.00 Apr 6, 2015 $19.00
Apr 12, 2015 $19.00 Apr 12, 2015 $19.00
Apr 19, 2015 $19.00 Apr 19, 2015 $19.00
Apr 26, 2015 $19.00 Apr 26, 2015 $19.00
May 3, 2015 $19.00 May 3, 2015 $19.00
May 10, 2015 $19.00 May 10, 2015 $19.00
May 17, 2015 $19.00 May 17, 2015 $19.00
May 24, 2015 $19.00 May 24, 2015 $19.00
May 31, 2015 $19.00 Jun 1, 2015 $19.00
Jun 7, 2015 $19.00 Jun 7, 2015 $19.00
Jun 14, 2015 $19.00 Jun 14, 2015 $19.00
Jun 21, 2015 $19.33 Jun 22, 2015 $19.33

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