To expand my cashew nut business

Dartey Enock

Berekum, Ghana

100% repaid

Entrepreneur

Name

Dartey Enock

Member since

February 2015

On-time repayments

71 installments  •  48%

About Me

My name is Enock Dartey. I live in Berekum, an area in the Brong Ahafo Region of Ghana. My house number is KYB 101. I am 26years of age. My parents are Mr. and Mrs. Gyaase. I grew up with three siblings. I completed primary school and continue to have Senior Secondary School Certificate respectfully. I have also graduated from the University of Ghana, Legon where a pursued Nutrition and Food Science. I have always thought of setting up my own business to help create employment for other youths who are unemployed. As such I have set up a small business which I process Cashew nuts (thus roasted cashew nuts) to my customers. My hobbies are; watching movies, soccer and reading books.

My Business

I am into processing of Cashew nuts for human consumption. I buy all my raw products (thus semi-processed Cashew nuts) from wholesalers. I have been doing this business for close to 2 to 5 years now. My products are not only liked for their great taste but also the high nutritional value. Cashew is known to contain high amount of magnesium which is nutritionally known to help in brain development. I earn approximately $273 per month. The demand is very high, but I am only able to produce few due to insufficient funds to buy more raw materials for processing. I want to expand my business so I can also employ other youths into it and also enrich the nutritional life of other humans. I am happy that I am self employed and can contribute to my society.

Loan Proposal

When i am granted the loan, i will use part of the loan to buy a gas oven. Purchasing of a gas oven will enable me to roast more cashew nuts which will eventually increase my daily production. The remaining amount will be used to purchase additional cashew nuts and other packaging materials to add more value to my products. Roasted cashew nut is liked by many people not just by their taste but their nutritional aspect is of great importance to the body. I am able to raise GHc 1000 per month with a high profit margin. This will help me to repay the loan just as i did in my first loan.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$315.25

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $7.98

Lenders

T

Tmann

Los Angeles, United States

investor

Candiac, Canada

cyrus0302

San Francisco, United States

A

andyfletcher

I want my "My loans" page back, Qatar

DeanDropshot

Oslo, Norway

S

stroll

Stockholm, Sweden

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

Jouni

Finland

J

JoeSolar

Virginia, United States

ads68

Melbourne, Australia

IM

Isak Maaseide

Tromso, Norway, Norway

davidt

San Francisco, United States

J

Johannes

Pirmasens, Germany

F

Fritzimax

Pacific City, United States

JOKer

Weisendorf, Germany

L

Lennert

Alphen aan den Rijn, Netherlands

dlpringle

Denver, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

R

roozbeh

United States

Jonas

Brussels, Belgium

B

benlenarts

Netherlands

Paul Buchheit

Mountain View, United States

J

jdallatezza

United States

mepster

San Francisco, Ca, United States

N

Nicole

Pittsburgh, United States

M

M.Umar

Pakistan

A

adamdreaming

United States

R

ross22

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Becky Thompson

Leeds, United Kingdom

MW

Matt Willis

United States

PT

Pattie Thomas

United States

GF

Grace Franco

United States

MA

Mary Art Hunt

United States

Crystal

Ohio, United States

Jennifer Weber

Canandaigua, Ny, United States

Ask Dartey a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...