Entrepreneur
Name
Elijah
Member since
January 2021
On-time repayments
12 installments • 83%
About Me
i am a young graduate from the teachers training college, i am the last born of my family and i am into mobile money and bill collection business ,i am a hard worker with over two years experience in this field of work. aside this business i also do rice farming .my profit i use it to support my education .i am coming from a very poor family , of farming community . i want to develop my community by bettering the life of the youth . in providing them jobs in this my business set up.
My Business
in this my business , i make a good reasonable weekly profit since it is financially intensive.i have just started with my rice farming in the Volta Region of Ghana. as you can see , the government of my country is making it mandatory for every one to consume our local rice we produce here in Ghana.so i am optimistic that i will increase my revenue in a few months from now .in addition , the mobile money business that i am also doing in along side with this rice farming , i am really making it and i have three shops now that i operate these services .
Loan Proposal
i will use this loan to boost my farming business , i have a big land for farm, but i need money to farm a greater potion of the land so as i can create employment for the youth .i have about 30 etches of land at a well situated environment in the Volta Region of Ghana . i do rice farming for now , this farm started about two years ago , and i have a bountiful harvest last year and i will like to expand my farming to a greater portion for a greater harvest this year.i will also need to buy fertilizers and more labor.food is the main purpose for the day, and it is what every man or woman need to put soul and body together .
Income Source
i will be able to repay back my loan despite the pandemic , because in my country , food is one the most essential commodity , needed every day , because of the lock down , we have to resolve in eating what we produce since , borders are closed for import and export as well. as our local Rice is a hot cake now. repayment on my loan would not be a problem at all , because i will harvest my produce to sell for money , but should in case it fails , i have other businesses i do , that is the mobile money and business center where i can take money from my savings to repay back , as well as my referees and family can repay back for me . but it will not get to that , i will repay back as soon as possible.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Jan 24, 2021
Repayment status
On Time
Projected term
1 week
Lenders
United States
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