Extension of farming

Enoch Addo

Suhum, Ghana

48% repaid

Entrepreneur

Name

Enoch Addo

Member since

February 2017

On-time repayments

88 installments  •  60%

About Me

My name is Enoch Addo. I am 38 years, I am hard worker. I have started farming when I have completed my education before my Father died. I take care of all the farms which is about 50 acres of land. I now have a cocoa, palm nut, and vegetable farms. I am hard worker who train by my own Father before he died. I remember the time we are working together, things are moving on well because there are labours who works hard for us to archive our goal,

My Business

Every year, I provide a lot of cocoa beans in bags, and a lot of palm nuts, also vegetables, such us cabbage, pepper, okro, cocumber, and garden eggs. In Ghana cocoa is a produced buying by the Government so it's has a strong demand in bulk purchase. For the palm nut, we have a company that buy it , and for the vegetables we sell them in our local markets. So i make a lot of income every season in the year. I will use some of this income to repay the loan.

Loan Proposal

I will use the to extend my farm. What i need is to get water pump machine, this will help me to work in all the season including the dry season. As time goes on when things are getting better, i will buy a truck to carry my labours to the farm, and also carry the goods to our local market to sell. I am planing all this because of my family especially the school children. But for now the water pump machine and sprinklers is in the first consideration. This will cost US 1,500.00.

Feedback

2

1

None

  • Mary    Nov 5, 2017

    Enoch is an excellent borrower. I would recommend funding his future loans.

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  • melissapmeier    Oct 24, 2017

    Hi Enoch, best wishes to you with your business. I am happy to lend to you again!

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  • Tom Eggert    Jun 28, 2017

    Enoch - I'm glad you received your loan, but I'm very disappointed that I made a loan to you to purchase a sprinkler system and you are using it for another purpose. I feel that you misled me and I now question whether you will be honest in future dealings with your lenders. Don't ever be anything less than truthful when dealing with your lenders.
    I hope that you are successful in your farming.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$770.51

Date disbursed

Nov 9, 2017

Repayment status

Late

Projected term

12 months

Cost to entrepreneur

Service fee: $20.89

Enoch opted to pay $120.66 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

Mikers

Netherlands

Pascal Coyles

Ghent, Belgium

melissapmeier

United States

Dave Bogard

New York, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Elise E

United States

Thomas

Sweden, Sweden

Mr Chris Turner

Cambridge forever England, United Kingdom

Humble Bundle Community

San Francisco, United States

Grégoire

Zurich, Switzerland

Paul Buchheit

Mountain View, United States

M

Mary

United States

KN

Kevin N

Cleveland, Ohio, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Helen and Denis

Global citizens, United States

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