Okyere
Berekum, Ghana
100% repaid
Name
Okyere
Member since
February 2015
On-time repayments
294 installments • 11%
My name is Okyere Brong. I am 26 years old,I was born at Kato in the Brong Ahafo Region. But I am now live in berekum. I was raised by my father after my mother died when I was still young. I am the first child in my family. I went to school at Freeman school. my father had no money to pay for my secondary school fees.
After finishing my basic education, I went to live with my grandfather who grow me into farming work. life was good for me because everything I wanted I was provided for me. my grandpa became old and he could not be able to operate on his farm any more so he asked me to take over on his farm work. I never loved the farm work because one could be dirtied with mud but I had too. Now am a good farmer I produce tomatoes, vegetables, maize and beans. Besides that I run a grocery where I sell tomatoes, vegetables, onions, potatoes, cucumber and carrots.
I do tomato farming and so the major products that I provide for the markets is tomatoes. I farm my tomatoes in open field and I always minimize the use of pesticide in my farm.
The demand for tomatoes has always been high since most farmers in my area fear tomato farming saying it has a lot of work to be done. There is a lot of opportunity as many people get there supplies several kilometers away from my village.
I chose this business because it was the most profitable business and I was near source of water. The soils also lack blight and so it supports this crop. Am requesting a loan of $533.67 to expand my farm.
I spend will $120 on labor and manure . my average revenues are $280 per month. I will use my revenues to supporting my family given that my dad is retired and my dad has no stable source of income and saving for brothers university fees.
Am highly grateful for your support for my first loan. I was able to use the loan you gave me for the first time wisely and for that matter have paid back successfully. I am counting on you for my second loan which is going to be use to purchase chemicals and hire labor.
I am kindly requesting so that you support me buy this chemicals. I will be very grateful for your support. I will use the $179 on my farm. Due to high productivity on the farm, many people demand my product. I will use $50 to purchase fertilizer, $50 for chemicals to control pest and weeds on the farm and $40 to buy tomatoes and beans seeds for the farm. I will also use the remaining to hire more labor so that my farm will produce to meet the demands of the community.Thank you in advance
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$178.00
Date disbursed
Apr 7, 2015
Repayment status
On Time
Projected term
6 weeks
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Amount repaid
$176.00
Amount remaining
$0.00
Date repaid
May 23, 2015
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 19, 2015 | $25.00 | Apr 19, 2015 | $25.00 |
Apr 26, 2015 | $25.00 | Apr 25, 2015 | $25.00 |
May 3, 2015 | $25.00 | May 2, 2015 | $25.00 |
May 10, 2015 | $15.00 | May 9, 2015 | $15.00 |
May 17, 2015 | $37.50 | May 18, 2015 | $37.50 |
May 24, 2015 | $48.50 | May 23, 2015 | $48.50 |
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