Buying farm inputs

Michael Asumadu

Nkoranza, Ghana

19% repaid

Entrepreneur

Name

Michael Asumadu

Location

Nkoranza, Ghana

On-time repayments

106 weekly installments  •  58%

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

Due to your constant support , i am applying this loan to support my existing Maize , I will this loan to purchase fertiliser, Weedicide and Daily payments for the Labourers.

Income Source

Food has been on a high demand and i urge my Lenders and Zidisha that after harvesting i will be able to pay fully and also i have a construction company which will also support me in paying my loan on my schedule weekly basis.

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.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$664.46

Date disbursed

Apr 15, 2021

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: 5% of $664.46 = $31.29

Credit risk payment: $125.35

Lenders

R

Raabo

Rungsted, Denmark

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

AltruisticSelfishnes

Chicago, United States

S

stroll

Stockholm, Sweden

Silver

Steiermark, Austria

L

ldron7

Utah, United States

T

Tallago3

Munich, Germany

G

giaco

madrid, Spain

AF

a f

washington, United States

T

ToddK

Indianapolis, IN, USA, United States

F

freewheelin

Perth, Australia

helogr53

Abbotsford, Canada

BJ

Brandon Joz

North Carolina, United States

R

rmacaw

Australia

Tavin

Ottawa, Canada

cattlebaron

Pierre, SD, United States

C

chrisherron

Chicago, United States

T

tonilends

catalonia is not:, Spain

C

cyrilleberger

Gammalkil, Sweden

E

Epona

Burgdorf, Switzerland

gbnbca

Janeville, Canada

DLarson

Morris, United States

D

Divergent

Bethesda, United States

B

bopsquod

Seattle, Wa, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

D

Dadiolafs

Vestmannaeyjar, Iceland

J

jzidi

Los Angeles, United States

birtom

Ettlingen, Germany

D

davide

Vallentuna, Sweden

Jouni

Finland

K

keane2097

Ranelagh, Ireland

ads68

Melbourne, Australia

N

nime01

Kongsberg, Norway

U

UmSaeed

Southfield, United States

swendl

Iowa, United States

Y

Yevrahs

Dallas, Texas, United States

Ingela

Falun, Sweden

M

mkellerman

Shanghai, China

V

Valis

Singapore, Singapore

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

GH

Gav H

Langley, Canada

S

SheilaB

Nashville, United States

G

gregc

Calgary, Canada

J

Johannes

Pirmasens, Germany

joaoferraz

RINCHOA, Portugal

H

Hobbit64

Milano, Italy

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

indrayudha

Jakarta, Indonesia

S

Somniferum

Ontario, Canada

numbat

Perth, Australia

J

Joannie333

Milwaukee, United States

Bill2073

Florida, United States

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

Generaal

Antwerp, Belgium

H

HobbyCollector

Beach City, United States

P

Pavane

Kungsbacka, Sweden

GuillaumeTeissier

Montréal, Canada

M

Mikel

Buchs, Switzerland

D

DelapierceD

New York, United States

ibc123

Seattle, United States

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

S

SAJudy

Argenta, Canada

E

E

Marin county, United States

MrMichigander

Marquette, United States

A

akshu71

Ottawa, Canada

sderickson

Berkeley, CA, United States

G

GoughGirl

Washington, Dc, United States

E

elhh82

Petaling Jaya, Malaysia

J

janakan

Hong Kong, Hong Kong

pvilliger

Zurich, Switzerland

W

wiwillia

Milbrae, United States

cc5alive

Los Angeles, United States

Jonas

Brussels, Belgium

M

maverick

United States

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

A

Amengan

Netherlands

P

Panda6689

United States

B

bscent

Hong Kong

A

AnnaLou

Switzerland

Vesa

Helsinki, Finland

W

wesbh89

United States

Grant Xavier Storer

Seattle, Wa, United States

J

jdelaporte

United States

SV

sven vdk

Twickenham, United Kingdom

B

beegkitty

United States

K

Kebrenagast

New York, United States

J

JeremyR

United States

Mike and Jacqui

United Kingdom

T

TZ

Singapore, Singapore

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

AL

Amy Luo

United States

Wouter Schoonveld

Amsterdam, Netherlands

JC

Jane Cohen

United States

MW

Matt Willis

United States

Thomas

Basel, Switzerland

Fox Family

Costa Rica

PC

Patrick Clavette

Hartford, Wisconsin, United States

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

C

cota

United States

MR

Michiel Rauws

San Francisco, Netherlands

Isabella

UK, United Kingdom

Aran Dunlop

United States

Taylor

Memphis, United States

SH

Steven Huntington

London, United Kingdom

Rory McLaughlin

Dallas, United States

Nick

Manchester, United Kingdom

I

isaac

United Kingdom

SB

Sue Bucholz

Sacramento, United States

Joseph Abell

Brisbane, Australia

United States

I

ixeldog

atlanta, United States

GA

Giovanni and Yelena

New York, Ny, United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

TO

Thomas O'Neil

United States

MC

Mark Cowburn

United States

Day Family

Melbourne, Australia

Vratik Krocik

Prague, Czech Republic

B

BSM

France

Ellen

Michigan, United States

D

Dalton

San Francisco, United States

NH

Nancy Hull

United States

DW

David Westmoreland

Colorado Springs, Colorado, United States

Hans Moor

Vorden, Netherlands

JF

J Fister

United States

R

RMIM

United States

Jane

Ontario, Canada

TL

Tao Luo

United States

B

Berni

Germany

B

BRB

Australia

Sean Richards

Wilmette, United States

Thereze Ovid

Brooklyn, New York, United States

Michael Bauschke

Dresden, Germany

RD

Roel De Meester

Antwerpen, Belgium

Chris

Fairfax County Virginia, United States

Jeff Tyler

Poquoson, United States

AA

Andrew and Kim

Nashville, TN, United States

Richard Paulin

Melbourne, Australia

Daisuke

Tokyo, Japan

EA

Eric Ayers

Atlanta, United States

Sla Tyr

Switzerland

Dustin Lape

Lynchburg, United States

C

Camm

Australia

alexalexalex

Berlin, Germany

MA

Maggie and M

United Kingdom

GF

Gammon Family

United States

Eike Christian Lorenzen

Flensburg, Germany

M

Martin

Switzerland

MB

Meg Brigman

United States

David Hopkins

United States

R

Ru

New York, United States

V

Vic

Finland

MC

Mike Cormack

Vancouver, Canada

E

emily

Australia

E

Eve

Switzerland

J

Jeremy

United States

Utahna

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

C

Christopher

United Kingdom

Greg

Yokohama, Japan

TM

Toby Minton

United States

DY

Dan Y

Scranton PA, United States

BS

Bri Sawyer

United States

RJ

Robert Jamieson

Vancouver, Canada

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

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