To purchase pineapple planting materials

Oppong

Bonwire, Ghana

100% repaid

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How it Works

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

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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

Other loans

Jul 2015: $92

Sep 2015: $268

Lenders

Netherlands

Cologne, Germany

Taiwan

United States

Malmö, Sweden

Devon, United Kingdom

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Oppong Jun 26, 2022

To have a more flexible payment schedule. This will enable me to have a more adjustable terms to finish my loan
I have defaulted for long and believe that my loan have appreciated over time and wish to clear it off even if I don't take another loan, I know I do not owe.
That will be fine by me

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Oppong Sep 17, 2015

Thanks to Zidisha and my Lenders.
i have received the cash and promise to put it into a judicious use.
Shalom.

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Oppong Sep 15, 2015

i beg of zidisha to release me to be able to send invites in order to get more credit points

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Oppong Sep 15, 2015

i am totally amazed......
i promise to put judicious use to this money and repay my lenders on time.
God bless you all

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Oppong Sep 13, 2015

My loan is 10% funded and only a day left.
My lenders take keen interest in my project and help me.
Thank you.

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Oppong Sep 1, 2015

Im grateful to zidisha and my lenders.
My pinneaple farming is still in progress and fertilizer appliction still continues.

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Oppong Aug 26, 2015

Would want to make upward adjustment in order to acquire my next loan. Thank you.

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Oppong Aug 21, 2015

Would want to review now and make another upward adjustment next week. Thank you.

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Oppong Aug 9, 2015

I am not happy about the delay in payment by Akwasi Boakye, a friend i invited to join Zidisha.

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Oppong Jul 14, 2015

This is my second loan of Ghc396 or USD92.15 which is going to augment the purchase of organic fertilizers for my pineapple plantain.
This will go a long way to boost production.
Thanks to zidisha and my lenders

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Oppong Jul 13, 2015

I am reminding zidisha of my bonus credit point because I have added two people so far who are maintaining on time payment. And I believe it should have increased my credit point when issuing my next loan.
Just need clarification, thank you.

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Oppong Jul 12, 2015

I am so grateful to zidisha and my lenders for fast tracking this loan for me. This will go a long way to support the purchase of organic fertilizers for my pineapple plantation. Thank you very much.

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Oppong Jul 2, 2015

The project is ongoing, now i have started fertilizer application.
This will continue for six to seven months.
Huh! It's not easy but with determination and endurance the project will see the light of success.

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WE
Wendy Emlyn Jun 30, 2015

Thank you for paying your loan back on time. Best wishes for your future enterprises.
Wendy

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- Oppong Jul 4, 2015
  
  You are welcome my dear. I shall always comply with my repayment schedule. Thanks to you and zidisha for helping the vulnerable in our society.
  
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Oppong Jun 16, 2015

The first loan came at the right time to support the purchase of planting materials.
Since the production of pineapple require more capital to pay labourers who work on the field, i will to pay early in order to increase my credit limit for a higher loan.

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Oppong May 27, 2015

I αm very greαtful n excited upon reeceiving my first loαn. Thαnks to Zidishα n my Lenders for αccepting my request.

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