Hiring laborers to assist in cashew farm harvest
Sarfo
Jema, Ghana
100% repaid
Entrepreneur
Name
Sarfo
Member since
February 2015
On-time repayments
123 installments • 59%
About Me
I am a young university graduate with a Bachelor of Science in Agriculture. I am a tutor at Menji Agric Senior high school in Tain District of Brong Ahafo region of Ghana. My hometown is riddled with poverty with most children finding it difficult to fund their education in the senior high school level. I have a strong passion for agriculture with the sole aim of raising income to support needy but brilliant students both in my school and hometown.
My Business
My farm is a five hectare cashew plantation which was secured two years ago. I have started making proceeds from two hectares of the farm.Cashew is a very important cash crop in the Brong Ahafo region of Ghana. It has a high market demand and has improved the lives of various people. It is less tedious and less laborious to farm cashew as compared to other cash crops.
I also purchase the cashew nuts from other farmers and sell it to cashew buying companies. Proceeds from my farm as well as profit generated from my cashew business help in augmenting my salary as a teacher. Profits made are to support needy but brilliant students in my community.
Securing any support in a form of loan can help me hire laborers to harvest the nuts especially during January to April. Part of the loan would be used to purchase cashew nuts for sale. I'm also researching into how to process the fruits as beverage. Most farmers concentrate solely on the nuts and allow the fruit to go waste.The fruit can also be incorporated into the soil as a source of organic fertilizer. With your financial support,a lot can be achieved.
Loan Proposal
I have a two hectare cashew farm which is due for harvesting. Cashew is normally harvested between January and May each year. Labourers are hired on daily basis to harvest the nuts. Any loan acquired would be spent on labour, spraying as well as weeding. The remaining three hectares would be cultivated with sales from proceeds. Efforts would hopefully be made to process the fruits to drinks since almost all attention has been shifted to processing of nuts.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 3, 2015
Repayment status
On Time
Projected term
5 weeks
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