To expand my cashew nut business

Dartey

Berekum, Ghana

4% repaid

Entrepreneur

Name

Dartey

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

I want to thank zidisha for my previous loan and the positive impact it has made in my life. I am applying for another loan. When I receive the loan, I will buy more raw products (cashew nuts) products for roasting an. Some of the products I will be buying also are packaging materials and weighing scales to support my business. I assure you that, i will use the money solely for it purpose in other to attract more customers and help grow my business in order to repay my loan. I count on the lenders to consider this my loan application in other for me to expand the business to a new level to provide employment to others and also enrich the nutritional needs of my community people. I hope and know that if I get this money my profit margin will increase and will be able to generate a minimum of 41% profit within a week to payback the loan.

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,013.00

Date disbursed

Aug 29, 2015

Repayment status

Late

Projected term

64 months

Lenders

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  • Augustine    Mar 20, 2017

    Dear Lenders,

    Please, I contacted to Dartey and very fortunately, she was on her way to the MTN service centre to upload his wallet. When I asked her why does he delayed her payment, the answer I got from him was that, he has been used her loan to purchase plastic containers for his business but now he's almost getting the money back. So this week he will do the payment. Thank you.

    Augustine K. Ansah
    Volunteer Mentor

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  • Augustine    May 11, 2016

    Dear Lenders,

    I apologize to you for the delay payment of Enoch. I contacted to him just a few days ago, and he said the business is running so slowly, so I asked him to make reschedule to pay clear his arrears. Please, he agreed with me to do so. Thank you so much.

    Augustine K. Ansah
    Volunteer Mentor

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  • andyfletcher    Feb 23, 2016

    Hello Dartey,
    Have you any news of Michael Owusu, a borrower you invited? He has not made any payments so far.

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  • andyfletcher    Feb 12, 2016

    Hello Dartey,
    Do you know what has happened to Kumi Patrick? He has not made any payments for many months.

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  • Dartey    Jan 7, 2016

    i have had challenges with my business and as such i would like to make new adjustments to my installment amount to comfortably pay at else. thank you for your support all this while.

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  • Dartey    Sep 19, 2015

    please i want to adjust my instalment amount due to the slow pace at which my business is running. this will allow my to pay every week comfortably without hesitating. thank you

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  • Baah    Sep 10, 2015

    www.zidisha.org/borrower/lo...

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  • Dartey    Sep 9, 2015

    Due to business challengers, i want to adjust so that I can comfortably pay at the end of the week. Thanks.

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    • Emily    Sep 9, 2015

      To reduce your installment amount, please log into your Zidisha account and click on "Adjust Installment Amount," and follow the instructions there. Good luck!

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  • andyfletcher    Sep 2, 2015

    Hello Dartey,
    Thank you for contacting Daniel Twum last month. Do you have any further news of him?

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  • Dartey    Aug 30, 2015

    I am really overwhelmed and much appreciative for lending me once again. I have received the amount. This will be used purposefully to buy raw materials and packaging materials. Thank you.

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  • Dartey    Aug 28, 2015

    Thank you all lenders for funding my loan. With this loan i can buy additional raw materials and packaging materials to help inrease my daily production in order to meet the demand of my consumers.

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  • Dartey    Aug 27, 2015

    If today my cashew nut business is sucessful then the only name to mention is zidisha and its Lenders. I requested for a loan from zidisha and here i am today with my own gas oven to roast my cashew nuts. The demand for my products has increased drastically and i give all the thanks to my dear Lenders. I therefore have to further buy more raw materials and packaging materials in order to meet the demand of my customers. Please help me to raise this fund to be able to further expand my work. Please i only have two days left for my loan application to expire. I believe you will never let me down. God bless you all. Thank you.

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  • Dartey    Aug 25, 2015

    Dear lenders, i have requested for another loan this time again. I only have four days left for my loan to expire. I believe you will never let me down but help to fund my loan. God bless us all.

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  • Dartey    Aug 19, 2015

    I am pleased to inform my dear lenders that the loan they granted me has helped my cashew nut business to grow spontaneously. I have another gas oven who can roast more cashew nuts then before. My daily production is also on the increase so as my profit. i have another staff in addition. My business couldn't have reached this far without zidisha. thank you

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  • Dartey    Aug 4, 2015

    Thanks to you all lenders for helping my business to grow to this far. I have adjusted my repayment to be able to complete my payment earlier than before and to further request for another loan. Thanks.

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  • Dartey    Jun 3, 2015

    I am glad to inform dear Lenders that i have been able to increase my daily production after purchasing of a new gas oven. Thank you for all that you have done for me.

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  • BernadetteV    May 14, 2015

    Great news. Wishing you every success. Would love to see a photo of it later.

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  • Dartey    May 14, 2015

    Hi Lenders, i have now purchased another gas oven for processing of the cashew nuts. i can now produce more than before to reach the needs of my customers. thank you

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  • Dartey    Apr 20, 2015

    Dear lenders, I have difficulty in sending the money through MTN mobile money due to network problems. I can assure you that it would be paid as soon as the system comes back to normal. Thank you.

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    • Isak Maaseide    Apr 23, 2015

      Hello Dartey! Thank you for informing us of the payment problems in advance. We look forward to hearing further news and developments regarding your business. Good luck :-)
      Isak.

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  • Dartey    Apr 7, 2015

    I am much appreciative to our kind Lenders for honoring my loan once again. Indeed, i have my loan and with this amount i can now purchase a new gas oven in addition to the smaller one i have. i am hoping o repay the amount on time to receive another loan in future. thank you all and may the good Lord richly bless you.

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