To do food production and pay my herd's boy

Asaalabia John

Techimam, Ghana

Funds disbursed

$0 to go

100% funded of $24 goal

0

days left

Entrepreneur

Name

Asaalabia John

Member since

August 2017

On-time repayments

6 installments  •  50%

About Me

I am a teacher and a business man as well. I am a diploma holder from Techiman in Brong Ahafo Region in Ghana. As a child, I was only interested in education but as I grow I realize man must fight for what will bring food to the table rather than needless efforts.
It hasn't been easy coming from a polygamous background and lacking parental care

My Business

I sell drinks of all kinds . I started not long but wish to expand it.
I use my income from the teaching to fund my shop. Some of these mineral drinks include ;star, club and bitters( locally made Ghanaian drinks)
Apart from this, I involve myself in commercial production of food(yam and cassava production) and livestock such as sheep and cattle. Food is high demands especially during the dry season in Ghana . accumulated interest is used for reinvestment

Loan Proposal

An amount of 99GHS will help me employ about 5 labourers to my yam farm which is weedy. Per day , one labourer takes 20 GhS to weed. However I will use 40GHS to pay my herd's boy and the rest for my yam farm .
This means at least 2 labourers for my yam farm .
Paying my herd's boy will make him happy which will in turn entice him to take proper care of the cattle

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Nov 23, 2017

Repayment status

Late

Projected term

3 weeks

Lenders

John Minges

United States

AR

Aaron Rowe

United Kingdom

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Summary

Amount repaid

$0.00

Amount remaining

$21.96

Expected completion

Dec 15, 2017

Status

Repaying late

Installment amount

$8.87

Repayment History

Expected Payments Actual Payments
Dec 1, 2017 $8.87
Dec 8, 2017 $8.87
Dec 15, 2017 $4.21

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