Tomato seedlings for planting

Terry Wilson

Kwashieman- Acrra, Ghana

23% repaid

Entrepreneur

Name

Terry Wilson

Member since

December 2016

On-time repayments

155 installments  •  48%

About Me

The harbor town that is how people normally called the town where I schooled. Tema is a very busy city in the country made up of many industries including The Aluminum Company, Textile Factories and others. I have lived and stayed in Tema including my family.
On a normal day, people go to work living the town so quiet. I normally go through my daily activity of susu collection from numerous clients. The word SUSU in Ghanaian language simply mean petty micro finance.

My Business

Business they say has no limit, cannot call mine small either. Though I school the susu i do has so many revenue and takes it very serious. Client are mostly market folks who have little time. Susu business helps these market folks to make tremendous in their revenue.
For the past three years I have been engaged in susu business, I studied how market folks have difficulty in putting their money somewhere safer I decided to enter into susu to release this difficulty from the market folks.
I will like to upgrade my knowledge in finance as such will persue a course in banking and finance.

Loan Proposal

Coming from a farming background, I have a key interest in farming. For this reason I have already prepared two acres of land given to me by my late father to start cultivation of tomato.
I will need one thousand tomato seedlings which cost $84.00 for transplanting.
Venturing into tomato farming will create employment to the young folk in my neighbourhood who are unemployed since I will need more hands when it comes to transplanting and other farming activities.
Most importantly the profit margin from tomato farming is huge at least from experience i had with my farther during his farming era
Within three months I expect to harvest my first proceed from the farm and since I have business on going, paying back my loan will not be a problem at all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$84.00

Date disbursed

Jan 13, 2018

Repayment status

Late

Projected term

25 months

Lenders

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