More fertilizers for local farmers
Osei Boadi
Atebubu, Ghana
12% repaid
Entrepreneur
Name
Osei Boadi
Member since
February 2016
On-time repayments
43 installments • 74%
About Me
I am called Osei Boadi Jehoshaphat. I am 28 years of age, dark in complexion and moderately built. I come from Atebubu in the Brong Ahafo Region of Ghana. I am in a family of three and the first son of my parents. I had my primary and Basic Education at the Atebubu D/A Basic School and furthered at Amantin Senior High School in the Brong Ahafo Region of Ghana. I could not continue to the tertiary level due to financial hardships. My father died when I was 12 years old so I was catered for by my mother alone. My mother is a poor farmer so no money to further to the tertiary level of the educational ladder. I am a self-employed. I run my own agro chemical business. I entered into this business due to the high demand for agro chemical products. Over the few years of my practice, I have been able to employ two people who have been giving a helping hand at the shop. The food I like best Fufu and fish soup. The game I like best I is football. My hobbies are reading, swimming and watching football.
My Business
The name of my agro chemical shop is "ADOM ARA KWA AGRO CHEMICALS" which literally mean The Grace of God. It is located at Atebubu along the Atebubu-Kumasi main road. I started the business about 4 years ago. When I stared, I use to sell the products on Tuesdays which is the market day of Atebubu. I started this way because I have no shop to keep the products so I do keep them in the house then on Tuesdays I bring them to the market to sell. Gradually, I managed to get small metal container in which I now keep the products and sell them everyday. I sell agro chemical products like fertilizers,pesticides weedicides etc. I have employed two workers who have been helping me always at the shop. I live in a farming community so my products go on well for me. I was able to get profit ranging from $45 to $70 every week. Which assist me cater for my family. My prime aim is to expand the business so that I can employ more people to reduce the unemployment rate in my country.
Loan Proposal
Dear lenders, I am very grateful for the first loan granted me. The loan given to me helped to increase my profit tremendously as well as my start-up capital. With the aid of the first loan my aim of employing at least a person has been achieved.
Dear lenders, I wish to also apply for second loan of $200.00. When the this loan is granted me, I will use it purchase more fertilizers for the local farmers. This will help me serve all my customers without any shortage. When this loan is granted me it will also assist me expand my small metal container so that I can store more agro chemical products. It will also help me achieve my aim of employing at least three people to offer a helping hand.
Dear lenders, I promise to repay the loan with its service charges in time. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Aug 31, 2016
Repayment status
Late
Projected term
63 months
Other loans
Lenders
Taiwan
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Jake Gibson and Beverly Picardo
San Francisco, United States
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