Stocking fertilizer for local farmers

Yeboah

Atebubu, Ghana

100% repaid

Entrepreneur

Name

Yeboah

Member since

February 2016

On-time repayments

211 installments  •  13%

About Me

I am called Yeboah Silas. I am 28 years of age, dark in complexion and moderately built. I come from Atebubu in the Brong Ahafo Region of Ghana. I am from a family of three and the first son of my parents. I had my primary and Basic Education at the Atebubu D/A Basic School and furthered at Amantin Senior High School in the Brong Ahafo Region of Ghana. I could not continue to the tertiary level due to financial hardships. My father died when I was 18 years old so I was catered for by my mother alone. My mother is a poor farmer so no money to further to the tertiary level of the educational ladder. I am a self-employed. I run my own agro chemical business. I entered into this business due to the high demand for agro chemical products. Over the few years of my practice, I have been able to employ two people who have been giving a helping hand at the shop. The food I like best Fufu and bush meat soup. The game I like best I is football. My hobbies are reading, swimming and watching football.

My Business

The name of my agro chemical shop is "THE FAVOUR OF THE LORD AGRO CHEMICALS". It is located at Atebubu along the Atebubu-Kumasi main road. I started the business about 5 years ago. When I stared, I use to sell the products on Tuesdays which is the market day of Atebubu. I started this way because I have no shop to keep the products so I do keep them in the house then on Tuesdays I bring them to the market to sell. Gradually, I managed to get small metal container in which I now keep the products and sell them everyday. I sell agro chemical products like fertilizers,pesticides weedicides etc. I have employed two workers who have been helping me always at the shop. I live in a farming community so my products go on well for me. I was able to get profit ranging from $35 to $60 every week. Which assist me to cater for my family. My prime aim is to expand the business so that I can employ more people to reduce the unemployment rate in my country.

Loan Proposal

Dear lenders, I wish to apply for a loan of $100 to expand my agro chemical business. When given this loan, I will use it to buy more fertilizers into my shop. Dear lenders the amount I have is not enough so please assist me with the loan. When this loan is given to me, it will help me purchase more fertilizer. This will also go a long way to help me increase my profit margin by 65% every week. Since my business is sited in a farming community, there is a high demand for fertilizers so with your help, my business can be expanded. I hope my loan will be considered fully funded on time. I promise to repay my loan on time. I will also agree to any terms and conditions given. Dear lenders please come to my aid. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 3, 2016

Repayment status

On Time

Projected term

3 months

Lenders

The Zinc Team

San Francisco, United States

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  • Yeboah    Dec 3, 2016

    My income is low for the week

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  • Yeboah    Oct 21, 2016

    My loan of $100.58 have been received and have been used for the purchasing of all kinks of agro chemicals into my shop.thank you for your support.

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  • Yeboah    Oct 11, 2016

    This loan will help increase my weekly profit by 10%.Thank you for your support.

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  • Yeboah    Sep 4, 2016

    My income is high

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  • Yeboah    Aug 21, 2016

    My dear lenders I apologize for the delaying of the weekly installment of my loan, it was due to the fall of my business. By God's grace, I am now OK and I promise to pay all the money back. Thanks

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  • Yeboah    Jun 10, 2016

    Thank you for this loan. it will help me boost my business.

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  • Yeboah    May 26, 2016

    Business is low for this week so i want to reduce my repayment amount.thank you

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  • Yeboah    May 20, 2016

    Business is very good this week so my lenders i want increase my repayment amount.

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  • Yeboah    May 18, 2016

    Thank you my dear lenders for your financial assistance, may God bless you all for that. Now I am able to purchase more chemicals for my shop and I am able to use some of my profit to assist the poor and needy people in my community.

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  • Yeboah    Mar 21, 2016

    my income is low

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