Buying farm inputs

Michael Asumadu

Nkoranza, Ghana

3% repaid

Entrepreneur

Name

Michael Asumadu

Location

Nkoranza, Ghana

On-time repayments

86 weekly installments  •  72%

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

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  • 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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Lenders

Greg

Yokohama,  Japan

Babbitt Family Foundation

Sioux Falls, SD,  United States

Utahna

United States

Black and White Zebra

Vancouver,  Canada

David Hopkins

United States

Eike Christian Lorenzen

Flensburg,  Germany

Daisuke

Tokyo,  Japan

alexalexalex

Berlin,  Germany

Dustin Lape

Lynchburg,  United States

Sla Tyr

Switzerland

Nick

Manchester,  United Kingdom

Fox Family

Costa Rica

Rory McLaughlin

Dallas,  United States

Ryan Agnew

Australia

Richard Paulin

Melbourne,  Australia

Joseph Abell

Brisbane,  Australia

Chris

Fairfax County Virginia,  United States

Jeff Tyler

Poquoson,  United States

Michael Bauschke

Dresden,  Germany

Thereze Ovid

Brooklyn, New York,  United States

Isabella

UK,  United Kingdom

Sean Richards

Wilmette,  United States

Jane

Ontario,  Canada

Day Family

Melbourne,  Australia

Sinan Taifour

Munich, Germany,  Germany

Hans Moor

Vorden,  Netherlands

Ellen

Michigan,  United States

Cloudways

Malta,  Malta

Vratik Krocik

Prague,  Czech Republic

Aran Dunlop

United States

cyrus0302

San Francisco,  United States

Taylor

Memphis,  United States

gbnbca

Janeville,  Canada

mepster

San Francisco, Ca,  United States

Generaal

Antwerp,  Belgium

MrMichigander

Marquette,  United States

ads68

Melbourne,  Australia

chriseyre

Fremont, Ca,  United States

Kevin

San Francisco,  United States

moursund

Beaver Nation,  United States

Mike and Jacqui

United Kingdom

Thomas

Basel,  Switzerland

Wouter Schoonveld

Amsterdam,  Netherlands

sderickson

Berkeley, CA,  United States

Dave Bogard

New York,  United States

pvilliger

Zurich,  Switzerland

Jeroen Decock

Gent,  Belgium

DLarson

Morris,  United States

Jonas

Brussels,  Belgium

Grant Xavier Storer

Seattle, Wa,  United States

Vesa

Helsinki,  Finland

cc5alive

Los Angeles,  United States

xtrahardware

Cazenovia,  United States

ibc123

Seattle,  United States

GuillaumeTeissier

Montréal,  Canada

Zal0m0n

Atlantis!!!! x),  Mauritania

Bill2073

Florida,  United States

numbat

Perth,  Australia

indrayudha

Jakarta,  Indonesia

JTShorty

Gorham, Maine,  United States

joaoferraz

RINCHOA,  Portugal

Gordons28

Santa Monica,  United States

fairspirit

Utrecht,  Netherlands

Mzeenamama

Dalecarlia,  Sweden

swendl

Iowa,  United States

Jouni

Finland

birtom

Ettlingen,  Germany

cattlebaron

Pierre, SD,  United States

Tavin

Ottawa,  Canada

helogr53

Abbotsford,  Canada

Silver

Steiermark,  Austria

AltruisticSelfishnes

Chicago,  United States

BelleStarr

Albuquerque,  United States

DW

David Westmoreland

Colorado Springs, Colorado,  United States

DY

Dan Y

Scranton PA,  United States

E

elhh82

Petaling Jaya,  Malaysia

B

BRB

Australia

B

bopsquod

Seattle, Wa,  United States

MR

Michiel Rauws

San Francisco,  Netherlands

H

HobbyCollector

Beach City,  United States

K

Kebrenagast

New York,  United States

SV

sven vdk

Twickenham,  United Kingdom

W

wiwillia

Milbrae,  United States

EA

Eric Ayers

Atlanta,  United States

R

Ru

New York,  United States

RD

Roel De Meester

Antwerpen,  Belgium

CH

Christian Holck

United Kingdom

J

jdelaporte

United States

J

jzidi

Los Angeles,  United States

S

Somniferum

Ontario,  Canada

D

davide

Vallentuna,  Sweden

JF

J Fister

United States

P

Panda6689

United States

United States

TO

Thomas O'Neil

United States

RT

Rodrigo Teixeira

Oshawa,  Canada

C

cranejoad

cazenovia,  United States

J

janakan

Hong Kong,  Hong Kong

H

Hobbit64

Milano,  Italy

D

DelapierceD

New York,  United States

AL

Amy Luo

United States

NH

Nancy Hull

United States

D

Dalton

San Francisco,  United States

KP

Keith Penrod

United States

R

Raabo

Rungsted,  Denmark

S

stroll

Stockholm,  Sweden

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

BJ

Brandon Joz

North Carolina,  United States

R

rmacaw

Australia

C

chrisherron

Chicago,  United States

T

tonilends

catalonia is not:,  Spain

C

cyrilleberger

Gammalkil,  Sweden

E

Epona

Burgdorf,  Switzerland

D

Divergent

Bethesda,  United States

G

glomardor

Leonardtown,  United States

D

Dadiolafs

Vestmannaeyjar,  Iceland

K

keane2097

Ranelagh,  Ireland

N

nime01

Kongsberg,  Norway

U

UmSaeed

Southfield,  United States

Y

Yevrahs

Dallas, Texas,  United States

M

mkellerman

Shanghai,  China

V

Valis

Singapore,  Singapore

GH

Gav H

Langley,  Canada

S

SheilaB

Nashville,  United States

G

gregc

Calgary,  Canada

J

Johannes

Pirmasens,  Germany

BF

Bob Fitzjohn

Fontvielle, Monaco,  Yemen

G

Goldrivermob

Gold River,  Canada

J

Joannie333

Milwaukee,  United States

A

AndrewC

London,  United Kingdom

P

Pavane

Kungsbacka,  Sweden

M

Mikel

Buchs,  Switzerland

S

SAJudy

Argenta,  Canada

E

E

Marin county,  United States

A

akshu71

Ottawa,  Canada

G

GanSatya

United States

G

GoughGirl

Washington, Dc,  United States

M

maverick

United States

A

Amengan

Netherlands

B

bscent

Hong Kong

A

AnnaLou

Switzerland

W

wesbh89

United States

B

beegkitty

United States

J

JeremyR

United States

T

TZ

Singapore,  Singapore

MW

Matt Willis

United States

PC

Patrick Clavette

Hartford, Wisconsin,  United States

I

Ian

United Kingdom

C

cota

United States

E

Eyad

Saudi Arabia

AO

Amara Ogle

United Kingdom

SH

Steven Huntington

London,  United Kingdom

I

isaac

United Kingdom

SB

Sue Bucholz

Sacramento,  United States

I

ixeldog

atlanta,  United States

GA

Giovanni and Yelena

New York, Ny,  United States

JA

Jan Andresen

Hamburg,  Germany

B

BSM

France

R

RMIM

United States

B

Berni

Germany

MR

Micky Richards

United Kingdom

AA

Andrew and Kim

Nashville, TN,  United States

AC

Adri C

United States

MA

Maggie and M

United Kingdom

GF

Gammon Family

United States

V

Vic

Finland

MC

Mike Cormack

Vancouver,  Canada

E

emily

Australia

E

Eve

Switzerland

EG

Erik G

Switzerland

TM

Toby Minton

United States

BS

Bri Sawyer

United States

RJ

Robert Jamieson

Vancouver,  Canada

Show all

Loan Info

Disbursed amount

$664.46

Date disbursed

Apr 15, 2021

Repayment status

On Time

Projected term

3 months

Cost of loan

Service fee: 5% of $664.46 = $33.22

Credit risk payment: $133.05

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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  • Michael Asumadu    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 Asumadu    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 Asumadu    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 Asumadu    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 Asumadu    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 Asumadu    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 Asumadu    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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  • Michael Asumadu    Dec 23, 2020

    I appreciate Zidisha for lending me this support.. My business is growing and as promised am also paying on time .. I thank my lenders so much for the kind of believe they have in me .. I will plead to keep supporting the course and also try to give positive remarks when we are doing better on our loans.. Thank you

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  • Michael Asumadu    Nov 9, 2020

    Zidisha Loan has been helpful to my project.. I have been able to purchase all the materials needed and work is on going now .. I will say a big Thank you to my Lenders for having faith in me and also Zidisha for giving us this opportunity.

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  • Michael Asumadu    Oct 19, 2020

    Hello Zidisha, My suppliers have not yet delivered my stuffs , thats why the delay of my payment and like i promised .. I would pay with my savings, Please permit me to Adjust my payment for the next 5 installment and by that time i will be able to pay in full. Thank you

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  • Ibrahim Alimyaw    Oct 13, 2020

    I called Michael's wife and she told me she will relay information to Michael when she gets in touch with him

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  • Michael Asumadu    Sep 5, 2020

    Hello Zidisha
    I have extended my payment to 5 weeks because i haven't received my goods yet to initiate my work to get money to payoff the schedule payment on every day.. As soon as i start the work i will start my normal payment which i supposed to pay. Thank you

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  • Michael Asumadu    Aug 30, 2020

    Thank you Zidisha i received 1501 Ghc .. As mentioned in my loan proposal.. I have purchased the materials and the suppliers are yet to deliver to fix it. I Will say a big thank you to Zidisha and my Lenders for having faith in me to lend me a helping hand to support my business.. Thank you

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  • Michael Asumadu    Aug 20, 2020

    1501 received.. Thank you so much.. It was on time and i appreciate

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  • Michael Asumadu    Aug 20, 2020

    Thank Zidisha for giving me the opportunity and also Thanks to my lenders for having faith in me always. I will use this loan to purchase ceiling joints for pop decoration. Thank you so much

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  • Michael Asumadu    Aug 19, 2020

    I am wholeheartedly obliged to Zidisha and it partners for giving me the financial support in this difficult times to support my business.I am very fortunate to be a member of such platform like this like. Your financial help has helped me a lot in bringing my business back to normal and was able to purchase my roofing sheet. You won’t believe that your help has proved a boon to me. I will try my level best to return every loan taken from Zidisha at the earliest to boost my credit limit and also for my lenders to be able to support others who are also in need.

    Thanking you once again in anticipation

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  • Michael Asumadu    Aug 19, 2020

    My company declared profit this month.. which i intend to pay more of my loan so that my lenders can also get their funds back to also support my brothers and sisters who have also applied for Zidisha loan and more importantly to raise credit limit back to 90 percent so that i can in future qualify for big loan to support the growth of my company. Thank you

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  • Michael Asumadu    Aug 18, 2020

    I have received 1132Ghc .. Thank you so much Zidisha.. I have started payment of my loan as i promised earlier that i will pay off with my savings or any profit that i get my from work .. Thank Thank Thank You

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