Buy cement

Michael

Nkoranza, Ghana

100% repaid

Entrepreneur

Name

Michael

Member since

May 2019

On-time repayments

117 installments  •  57%

About Me

Michael Asumadu is my Name , From Nkoranza in the Brong Region .. I am 24 years old and I am entrepreneur.. I have 2 kids.. I am a hard working man. I was born in Nkukua Bouho in the Ashanti Region and schooled in Solid Foundation Experimental School where i completed my Junior high school and pursued my Senior high at Dwamena Akenten Senior high where i couldn't complete due to financial difficulties. I started working for people a sales person. I was able to manage to buy a plot of land and start building in 2013. Due to this experience i got from my building, Most friends were influenced in my hard work and needed my support to help them also buy a plot of land and start something , this where my passion for building starts and i gathered a team of Architect ,Mason and Civil engineer and that's when i started my Construction Firm "MicAlex Construction Solution.

My Business

MicAlex Construction Solution
Started 2018 last year and our aim is to help support every youth own their home and also closing unemployment rate by employing new skills to our work.

Michalex Centenary Agribusiness
Michalex Centenary Agribusiness which will soon be changed to Greenbelt Agricult Consult is a registered Agricultural business
headquartered in Ghana, is a start-up progressive agricultural company for purpose of producing quality commodities such as cash crops and livestock rearing for human consumption.

Objectives
• To be in 7-10 years among the top 5 producers of all farming produce in Ghana, West-Africa.
• 100% customer satisfaction, measured through repeated customers’ referrals and surveys.
• Increase sales substantially in the second full year of operation.
• Establish strategic relationships with our customers.
• Increase gross margins in the next five years.
• Reach the point of sustainable profitability

Mission
It is Michalex Centenary Agribusiness mission to become the leading producer of cash crops and livestock rearing in Nkoranza and Brong Ahafo Region as a whole and spanning to cover Ghana in general, and help build a vibrant community based food system.

Vision
Our vision is to become a beacon of hope for the nation through utilization of modern farming techniques to grow quality foods for all.


Michael Asumadu Foundation

The Michael Asumadu Foundation is a non-profit organisation which was established with the sole purpose of transforming young people’s minds and lives in the West Africa . The philosophy upon which the Foundation is built emphasizes enhancing Africa’s Education, Health and Wealth to enable Africans to assume responsible roles in the development of our nation.

Loan Proposal

I will be using this loan to buy Cement for my two bedroom building .. I will be using the cement to mould some blocks to start the building

Feedback

1

None

None

  • Erik G    Aug 6, 2020

    thanks for all your communication and prompt repayments Michael and for your community focus in your work. Very pleased to be able to extend another loan to you to help you continue to grow your impact.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

May 28, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Frosty

North Pole, United States

Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Michael    Oct 10, 2021

    Hello Zidisha
    I have received numerous emails.. I will pay off everything, the money have been invested well and the returns will be in soon as about to harvest in December for me to clear all the debt. Give me a little time ..thank you

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  • Christy Doh    Sep 1, 2021

    He promised to settle soon

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  • Michael    Aug 24, 2021

    Hello Zidisha..Please i will pay off the loan.. Business has been tight...thats why my delay for almost 3months but i will pay off every amount. Thank you

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  • Michael    Jul 23, 2021

    Business is really slow at my end that has caused my delay of payment but i promised to pay off every penny so that i can qualify for another support.. I will urge my lenders to keep patience as they have done for the past years. Thank you Zidisha

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  • Vincent    Jul 2, 2021

    Michael said his business is running slow and k advice her to pay to so that he can get huge loan

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  • Michael    Jun 21, 2021

    Business has been slow and i will be paying from my savings .. thats why i am adjusting payment plan.. Sorry for the inconvenience

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  • Erik G    May 29, 2021

    Hi Michael - sorry to hear business has been slow. I think all your lenders have confidence that you will pay off the loan when you are able. You've always done so before. Hope the farm has a good yield for you this season. All the best, Erik

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  • Vincent    May 29, 2021

    He said business is slow but he will pay by next week

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  • Michael    May 15, 2021

    Business is running slow , thats the reason why my payment has been slow. I will pay off as soon as business moves on

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  • Ibrahim    May 12, 2021

    Michael says he will pay

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  • Michael    Apr 20, 2021

    I just received the Loan and The farming season has just started so it will take a while for the farm to yelled Profit but for the meantime i will use my savings to payoff the loan till the farm starts yelling Profit

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  • Michael    Apr 20, 2021

    I have received an amount of 2,826 GHS from Zidisha. This loan will be used to Purchase Farm inputs like Weedicide, Fertiliser and also Payment for Labourers to work on my Maize farm. I appreciate the support Zidisha has been giving me and also to my Lenders who always have faith in me and keep on giving me the necessary support

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  • Michael    Apr 14, 2021

    Thank you so much for having confidence in me by giving another opportunity, I will use this loan to purchase farm inputs for my maize Farm. Thank you

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  • Erik G    Apr 8, 2021

    happy to support you new loan request michael. great to hear things are going well and that the loans are helping. keep up the good repayments schedule. always build confidence. best erik

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  • Michael    Apr 7, 2021

    First of all i will thank Zidisha and all the Lenders who have confidence in me and keep supporting my dreams. I applied my loan and received it on time and i was able to use it to purchase all the Pop materials i wanted and due to that i was able to work and repay it back as soon as possible.. I appreciate so much

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  • Michael    Jan 17, 2021

    Thank you Zidisha for giving me this opportunity..I have received Ghs 2,393 in my account. I will take this opportunity to thank my Lenders for having faith in me and keep giving me a lending hand to push my business. I so much appreciate.. May we all be great

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  • Michael    Jan 16, 2021

    Thank you Erik G for the trust and support ..I appreciate so much and to all the lenders who are supporting me with my new plan .. I appreciate so much

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  • Erik G    Jan 15, 2021

    Happy to support your new loan request again Michael. Keep up the great communication and all the best with you business plans.. Erik

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  • Michael    Jan 4, 2021

    First of all i would like to thank Zidisha for giving us this platform for lenders to also help lend us to support our business.. At this stage of my work i have fixed been able to fix the Pop panels i borrowed money to buy. Thank you so much..

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