To purchase pineapple planting materials

Oppong

Bonwire, Ghana

100% repaid

Entrepreneur

Name

Oppong

Member since

May 2015

On-time repayments

24 installments  •  54%

About Me

I couldnt see anything but i knew we were in Nigeria..........where i started my Kindergarten and Nursery Education.
Came to Ghana with my Parents in 1990.....where my Basic, Junior, Secondary n Tertiary Education came to a realization.
Life after school hasnt been easy, a young guy from Bonwire (Home of Kente Cloth), eventhough from Bonwire, cannot weave properly because i took my education seriously.......so i had to go into the business aspect of it, selling cloth to make a living. Instead of struggling around in search of job i have decided to go into farming business since i did Agriculture at the University n Secondary Level.
I am currently the District Agriculture Extension Officer for the Sekyere East District in the Ashanti Region of Ghana.

My Business

I am into Vegetable Production, (Garden Eggs n Pepper)
Pinneapple, Rice and Maize Production all at small scall since i have to rent the land for production.
I have also put up a structure housing 200 poultry birds.
Now my focus have shifted more into the pinneapple production because its returns on investment is enormous.
There is a ready market for the produce, its suckers can also be sold or use to expand business at any time.
I believe the project will impact positively in the lives of farmers.

Loan Proposal

This loan will help me purchase pineapple planting materials, fertilizers, agro-chemicals, and hire labourers for my pineapple business, which will amount to 1,500 dollars.
This loan facility will help me expand my pinneapple farm and create employment for the youth in my area. It will also create opportunity for pineapple processing companies to receive adequate supply of pineapple fruits.
I expect that my profit margin will increase by 50%.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 27, 2015

Repayment status

On Time

Projected term

4 weeks

Lenders

S

Sven

Netherlands

T

Tim

Cologne, Germany

JS

Johan Steen

Malmö, Sweden

WE

Wendy Emlyn

Devon, United Kingdom

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