Cashew plantation loan

Samuel

Sampa, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

July 2019

On-time repayments

15 installments  •  53%

About Me

My name is samuel kwasi, a ghanaian
A young enterpreneur and cashew farmer. I have been in the cashew farming for about 27 years, I deal with the growing of cashew and also gather a lot of cashew nut from my acres of land. I am also a livestock farmer, varieties of farm animals I rear including Guinea fowls, ducks, turkeys, hens, etc. I am someone who is in need of financial assistance to enable me expand both my cashew plantation and my livestock farming. I engage a lot of both human and material resources which involves a lot of capital, am much interested in my business because it is yielding a lot of results of which am proud of, and always wants to maintain and make adequate progress with the assistance of my lenders.

My Business

Income source from cashew and livestock. As mentioned earlier a young entrepreneur, my business produces the underlisted :
In the year I accumulate about 309 bags of cashew, of which am still clearing 106 acres of land to expand the cashew plantation
With my livestock farm, currently I sells 95 ducks every month,89 guinea fowls, hens 167 and 107 Turkeys. Family members and friends helps me a lot in the farm after which when I make sales every month I paid them, but I want to establish more workers to help in the progress of the work as well as to decrease workload on my workers. All with this it involves a lot of money of which I have started to get assistance from zidisha, and I hope it will go a long way to gave the necessary help to enable me continue with my bussiness

Loan Proposal

My loan will be used to aid me finance my cashew plantation needs, that involves hiring labours to help clear the land and also buy insecticide to sprays the cashew plants, to prevent the seedline spoilage by insects, all will help produce larger output, part will be use to help in buying feeds for my livestocks of which I am looking forward to expand the number of the various varieties that I currently have including the ducks, hens, guinea fowls and turkeys.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$31.00

Date disbursed

Aug 2, 2019

Repayment status

On Time

Projected term

2 months

Lenders

Jason

Auckland, New Zealand

Don Williams

New Zealand

Sayuri

United Kingdom

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  • Samuel    Dec 14, 2021

    The loan will be used to buy chemicals to spray my crops and buy more livestock. It will help meet the demands of my customers. Thank you

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  • Samuel    Dec 14, 2021

    Thanks to my lenders for their massive efforts of granting me loan all time. It has always help me a lot in expending my business. And am able to meet the demand of my customers. Repayment of loan always my priority.

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  • Samuel    Sep 30, 2019

    I thank Almighty God for enabling me paid the loan before the expected payment date, am grateful to my lenders for their assistance always

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    • Lotus Flower    Sep 30, 2019

      Dear Samuel,

      Paying "on time" at Zidisha is defined as paying exactly on the due date or within the ten-day grace period after the due date. (Keep in mind that dates and times are according to the U.S.A. Eastern Time-Zone.)

      Unless the policy has changed--(I haven't seen any announcement about any change to this, though)--it's my understanding that early payments don't count toward the on-time repayment score, and that only on-time payments (as defined above) and late payments get counted in the calculation of that score.

      In order to raise your on-time repayment score, please adhere to making the installments on time, as defined above. In order to qualify for higher loans, I think the on-time repayment percentage still has to be 90% or higher.

      Good luck, and best wishes.

      P.S.: I'm unfortunately deathly allergic to cashews (even just a tiny bit of dust from them can kill me), and a lot of other types of foods, too (mostly many kinds of fish and nuts, not all but many kinds, and a few other kinds of foods, as well). Otherwise, if I weren't so severely allergic to cashews, if I ever were in your country, I would visit your farm. All the same, I wish you the best! :-)

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  • Haruna    Sep 17, 2019

    He said he will adjust his repayment amount due to low sales of his business products. And will pay as the adjusted installment amount is due.

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  • Samuel    Aug 12, 2019

    Please sorry, I will like to reduce my installment amount due the decrease in the demand for goods by my consumers. I will try and pay before the expected date of completion when the demand turns out good. Thank you

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  • Samuel    Aug 6, 2019

    Thanks you very much my lenders, loan was fully received. Am grateful for all your assistance

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  • Samuel    Jul 30, 2019

    The loan will be use to buy insecticides to spray my cashew trees and part to buy feed for my livestock, it will help me to be able to increase my cashew yields and good cashew nuts. Thank you all my lenders for the wonderful work you are doing, am really grateful.

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  • Samuel    Jul 30, 2019

    Am very greatful for the great work my lenders are doing. Thank you all

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  • Samuel    Jul 30, 2019

    Am glad with the aid am always getting from my lenders. The loan granted to me has enable me spray my cashew with insecticides and part has also been use to start rearing of rats. Sales made on my livestocks this week too has increase by 6%. Very amazing.

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  • Samuel    Jul 29, 2019

    Thanks to my lenders, loan received and it has helped me in meeting my targeted goal. Hoping to pay full loan amount in one week installment instead of the 3 weeks projected all because I have gain enough profit within the week which will help me pay the loan earlier then projected

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  • Samuel    Jul 25, 2019

    Money received, thank you very much, hoping for more aid

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  • Samuel    Jul 25, 2019

    Thank you very much, money was received
    It has help me to buy insecticides in spraying my cashew farm. Hoping to get more loan to increase my farm yields.

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