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.

Feedback

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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

Lenders

G

GalantnostS

Hong Kong, Hong Kong

TG

The Gwarden

Göteborg, Sweden

Zidisha

Sterling, United States

C

chrisn

Egg, Switzerland

ads68

Melbourne, Australia

LadyPhi

Ontario, Canada

W

WinWinNL

The Hague, Netherlands

L

Leonora

TÄBY, Sweden

dlpringle

Denver, United States

ProfWriter

Boone, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

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Summary

Amount repaid

$117.33

Amount remaining

$0.00

Date repaid

Apr 12, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 15, 2015 $14.33 Mar 15, 2015 $14.33
Mar 22, 2015 $14.33 Mar 22, 2015 $14.33
Mar 29, 2015 $16.67 Mar 30, 2015 $16.67
Apr 5, 2015 $16.67 Apr 5, 2015 $16.67
Apr 12, 2015 $55.33 Apr 12, 2015 $55.33

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