To improved my farm activities

Frimpong

Fiapre, Ghana

10% repaid

Entrepreneur

Name

Frimpong

Member since

September 2016

On-time repayments

78 installments  •  10%

About Me

My name is Frimpong Kingsley.I come from Fiapre in the Brong Ahafo Region. I started my basic school at Akab Complex School, i furthered my education from there to Sunyani senior high school in Sunyani. My parents are farmers by profession hence all my education cost was funded by their product earns from the farm. In life it takes one’s own imagination to be poor or rich, thus you can identify a problem and solve it. I completed my secondary education and due to my hard work, and the respect that i have for people i was employed in a store and began to identify the needs of the community. With the little savings made, i started my own farm. My hobbies are reading and listening to music.

My Business

I am a commercial farmer ,I grow horticulture for sale to my villagers and and friends.I always irrigate my farm during dry seasons through the manual way by using watering can of which I use to fetch water to water the crops. Because of insufficient water supply to the crops due to larger state of the farm, supply for vegetables is low and as such I only get premium prices for my goods.
The demand for my goods is always high because of growth in population and reduced arable land .Most urban families depend on farmers like me to supply them with vegetables.

Loan Proposal

Initially i used $70 to buy pesticides and also half of the amount to buy spare parts to repair the spraying machine that i used to spray the farm. i had revenue of $30 - $40 per month . with this revenue range i get $60 of profit in good month. but now due to economical meltdown, prices of imported products as well spare parts has increased drastically and because i employ these materials in my farming business,
Thank you lenders

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 22, 2016

Repayment status

Late

Projected term

19 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$2.06

Amount remaining

$18.01

Expected completion

Mar 28, 2018

Status

Repaying late

Installment amount

$0.26

Repayment History

Expected Payments Actual Payments
Oct 5, 2016 $0.26 Sep 22, 2016 $0.26
Oct 12, 2016 $0.26 Sep 22, 2016 $0.26
Oct 19, 2016 $0.26 Sep 22, 2016 $0.26
Oct 26, 2016 $0.26 Sep 22, 2016 $0.26
Nov 2, 2016 $0.26 Sep 22, 2016 $0.26
Nov 9, 2016 $0.26 Sep 22, 2016 $0.26
Nov 16, 2016 $0.26 Sep 22, 2016 $0.26
Nov 23, 2016 $0.26 Sep 22, 2016 $0.26
Nov 30, 2016 $0.26
Dec 7, 2016 $0.26
Dec 14, 2016 $0.26
Dec 21, 2016 $0.26
Dec 28, 2016 $0.26
Jan 4, 2017 $0.26
Jan 11, 2017 $0.26
Jan 18, 2017 $0.26
Jan 25, 2017 $0.26
Feb 1, 2017 $0.26
Feb 8, 2017 $0.26
Feb 15, 2017 $0.26
Feb 22, 2017 $0.26
Mar 1, 2017 $0.26
Mar 8, 2017 $0.26
Mar 15, 2017 $0.26
Mar 22, 2017 $0.26
Mar 29, 2017 $0.26
Apr 5, 2017 $0.26
Apr 12, 2017 $0.26
Apr 19, 2017 $0.26
Apr 26, 2017 $0.26
May 3, 2017 $0.26
May 10, 2017 $0.26
May 17, 2017 $0.26
May 24, 2017 $0.26
May 31, 2017 $0.26
Jun 7, 2017 $0.26
Jun 14, 2017 $0.26
Jun 21, 2017 $0.26
Jun 28, 2017 $0.26
Jul 5, 2017 $0.26
Jul 12, 2017 $0.26
Jul 19, 2017 $0.26
Jul 26, 2017 $0.26
Aug 2, 2017 $0.26
Aug 9, 2017 $0.26
Aug 16, 2017 $0.26
Aug 23, 2017 $0.26
Aug 30, 2017 $0.26
Sep 6, 2017 $0.26
Sep 13, 2017 $0.26
Sep 20, 2017 $0.26
Sep 27, 2017 $0.26
Oct 4, 2017 $0.26
Oct 11, 2017 $0.26
Oct 18, 2017 $0.26
Oct 25, 2017 $0.26
Nov 1, 2017 $0.26
Nov 8, 2017 $0.26
Nov 15, 2017 $0.26
Nov 22, 2017 $0.26
Nov 29, 2017 $0.26
Dec 6, 2017 $0.26
Dec 13, 2017 $0.26
Dec 20, 2017 $0.26
Dec 27, 2017 $0.26
Jan 3, 2018 $0.26
Jan 10, 2018 $0.26
Jan 17, 2018 $0.26
Jan 24, 2018 $0.26
Jan 31, 2018 $0.26
Feb 7, 2018 $0.26
Feb 14, 2018 $0.26
Feb 21, 2018 $0.26
Feb 28, 2018 $0.26
Mar 7, 2018 $0.26
Mar 14, 2018 $0.26
Mar 21, 2018 $0.26
Mar 28, 2018 $0.26

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