To buy pumbing machine

Entrepreneur

About Me

My name is Mumuni Abudu. I come from Lolobi in the Volta Region. I am married with five children. I am a business man and a farmer. I am able to support my children's education through the cocoa farming. I have about ten acres of cocoa farm. I have a vision to expand the farm in future.

My Business

I am a cocoa farmer. I do generate about 30000 cedis income annually.It is through the farming that I am able to support my children's education, currently I have one child in the University,two in the SHS and two also in the JHS.The cocoa farming is a very lucrative business in Ghana, which the government is encouraging people to engage in.

Loan Proposal

I will use the loan to buy water pumbing machine to spray my cocoa seedlings.It has not started raining here. Which made me to always fetch water from a nearby stream at my farm to water the crop morning and evening using watering canned.This work is very difficult due to the time involved.But I think if I am able to pay a bumping machine,it will make the work more easier for me. I need an amount of 2000 cedis to buy a bumping machine to help water my cocoa seedlings in this dry season.

Income Source

I will be able to pay the loan despite the economy hardship because I have cocoa pads which has been stored down so can sell some to pay for the loan.

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Loan Info

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