Tree planting

Castin

Accra, Ghana

2% repaid

Entrepreneur

Name

Castin

Member since

June 2017

On-time repayments

64 installments  •  23%

About Me

I'm Casting Boakye a final year undergraduate student of University Of Ghana in West Africa reading combined Political Science and Information Studies. I lost both parents in an accident at the age of 12. Ever since, my elder brother who dropped out of school to work as a mechanic has been my greatest backbone in my education. I've been through severe hardships that have really strengthen me, from selling on street after school hours at junior high school and washing dishes at restaurants and food joints at night. I had to stay at home for two years to work to make a leaving to support my brother to enable him fund my high school bills. I love tress and mostly spend my leisure times in the garden

My Business

My business is called 'Greenville', this is a business that is intended to promote afforestation in our environment and also provide employment. We will nurse 1000 seedlings of trees every month for and sell to individuals and bodies involved in tree planting. I chose this business because, the rapid increase in the demand for panting of trees in our environment to curb the challenges associated with global warming. Estimated cost for the business is $ 500 for employing 10 workers for the the startup, estimated amount for logistics is $300, estimated amount for the seedings is $200, estimated cost for land space is $600, and estimated cost for irrigation is $200. The estimated revenue after selling 1000 trees is $3000. The profit of the business will be reinvested in growing the business.

Loan Proposal

The purpose of the loan is to help establish the Greenville business. The loan will be used to purchase seedlings $150, workers $120, logistics $100, land $300, irrigation $300. This will help me to establish my personal business as well as give employment to others. The estimated profit is 30% of amount invested.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Apr 23, 2018

Repayment status

Late

Projected term

10 months

Lenders

Scott

Oregon, United States

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Summary

Amount repaid

$1.79

Amount remaining

$95.71

Expected completion

Mar 3, 2019

Status

Repaying late

Installment amount

$2.24

Repayment History

Expected Payments Actual Payments
May 6, 2018 $2.24 Jun 6, 2022 $1.79
May 13, 2018 $2.24
May 20, 2018 $2.24
May 27, 2018 $2.24
Jun 3, 2018 $2.24
Jun 10, 2018 $2.24
Jun 17, 2018 $2.24
Jun 24, 2018 $2.24
Jul 1, 2018 $2.24
Jul 8, 2018 $2.24
Jul 15, 2018 $2.24
Jul 22, 2018 $2.24
Jul 29, 2018 $2.24
Aug 5, 2018 $2.24
Aug 12, 2018 $2.24
Aug 19, 2018 $2.24
Aug 26, 2018 $2.24
Sep 2, 2018 $2.24
Sep 9, 2018 $2.24
Sep 16, 2018 $2.24
Sep 23, 2018 $2.24
Sep 30, 2018 $2.24
Oct 7, 2018 $2.24
Oct 14, 2018 $2.24
Oct 21, 2018 $2.24
Oct 28, 2018 $2.24
Nov 4, 2018 $2.24
Nov 11, 2018 $2.24
Nov 18, 2018 $2.24
Nov 25, 2018 $2.24
Dec 2, 2018 $2.24
Dec 9, 2018 $2.24
Dec 16, 2018 $2.24
Dec 23, 2018 $2.24
Dec 30, 2018 $2.24
Jan 6, 2019 $2.24
Jan 13, 2019 $2.24
Jan 20, 2019 $2.24
Jan 27, 2019 $2.24
Feb 3, 2019 $2.24
Feb 10, 2019 $2.24
Feb 17, 2019 $2.24
Feb 24, 2019 $2.24
Mar 3, 2019 $1.12

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