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
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
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$669.00
Date disbursed
Apr 15, 2021
Repayment status
Late
Projected term
6 months
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Lenders
[email protected], United States
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Iceland
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Summary
Amount repaid
$125.59
Amount remaining
$538.87
Expected completion
Oct 22, 2021
Status
Repaying late
Installment amount
$9.88
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 23, 2021 | $18.70 | Apr 28, 2021 | $18.70 |
| Apr 30, 2021 | $18.70 | May 15, 2021 | $9.88 |
| May 26, 2021 | $8.82 | ||
| May 7, 2021 | $18.70 | May 26, 2021 | $8.82 |
| Jun 7, 2021 | $9.88 | ||
| May 14, 2021 | $9.88 | Jun 7, 2021 | $7.76 |
| Jun 25, 2021 | $2.12 | ||
| May 21, 2021 | $9.88 | Jun 25, 2021 | $9.88 |
| May 28, 2021 | $9.88 | Jun 25, 2021 | $9.88 |
| Jun 4, 2021 | $9.88 | Jun 25, 2021 | $4.59 |
| Jul 28, 2021 | $5.29 | ||
| Jun 11, 2021 | $9.88 | Jul 28, 2021 | $9.88 |
| Jun 18, 2021 | $9.88 | Jul 28, 2021 | $2.47 |
| Sep 1, 2021 | $7.41 | ||
| Jun 25, 2021 | $9.88 | Sep 1, 2021 | $9.88 |
| Jul 2, 2021 | $9.88 | Sep 1, 2021 | $0.35 |
| Jul 9, 2021 | $9.88 | ||
| Jul 16, 2021 | $27.87 | ||
| Jul 23, 2021 | $27.87 | ||
| Jul 30, 2021 | $27.87 | ||
| Aug 6, 2021 | $27.87 | ||
| Aug 13, 2021 | $27.87 | ||
| Aug 20, 2021 | $26.46 | ||
| Aug 27, 2021 | $26.46 | ||
| Sep 3, 2021 | $26.46 | ||
| Sep 10, 2021 | $26.46 | ||
| Sep 17, 2021 | $26.46 | ||
| Sep 24, 2021 | $52.92 | ||
| Oct 1, 2021 | $52.92 | ||
| Oct 8, 2021 | $52.92 | ||
| Oct 15, 2021 | $52.92 | ||
| Oct 22, 2021 | $36.16 | ||
Erik G Aug 6, 2020
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