Name
Akormedi
Member since
March 2021
On-time repayments
8 installments • 63%
I am Akormedi Korshie a framer in the Volta region of Ghana and I work in Accra as a distributor of a cocoa. I was living in the village when I was born with my parents, they were framers and do not have money to take care of my education to the highest level but I was able to complete S.H.S when I was 20 years of age since my father die at that age I was not able to continue my education, so I decide to become a framer. From that time till today I have been farming and I have a large cocoa farm in my village. Through my hard work I have been able to invested in buying cocoa seeds from farmers and due to that I have relocate my self to Accra to do business.
I buy and sell cocoa seeds and I also run different businesses in Accra. I have a large cocoa farm in the village of which I also make money from its proceedings.
I have been able to pay off my loan and i need this loan to add to my capital to be able to buy more bags of cocoa seeds for sale. It will help me increase my capital so that i can buy more cocoa seeds from the farmers and sell to make profit. Part of my profit is used to support my family and the needy in my community.
I can pay off the loan because the demand of cocoa seeds is high here in Ghana and in case of risk I will pay back the loan from the profit I make from my other businesses.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$159.00
Date disbursed
Mar 19, 2021
Repayment status
Late
Projected term
6 weeks
Other loans
Amount repaid
$24.52
Amount remaining
$136.83
Expected completion
May 1, 2021
Status
Repaying late
Installment amount
$8.17
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 27, 2021 | $8.17 | Apr 3, 2021 | $8.17 |
Apr 3, 2021 | $8.17 | Apr 3, 2021 | $8.17 |
Apr 10, 2021 | $8.17 | Apr 15, 2021 | $8.17 |
Apr 17, 2021 | $8.17 | ||
Apr 24, 2021 | $8.17 | ||
May 1, 2021 | $120.48 |
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