Hiring labour foe cocoa farm for 2018 season

Michael Asiedu

Berekum, Ghana

Funds disbursed

$0 to go

100% funded of $380 goal

0

days left

Entrepreneur

Name

Michael Asiedu

Member since

January 2015

On-time repayments

128 installments  •  80%

About Me

Life had not been easy for me as at now. My name is Asiedu Michael who hails from Brong Ahafo Region.i started my education with a basic school in our community called Biadan. I completed in the year 2006 and finished my senior high in 2009,but due to hardship and poverty i could not continue my education. I thought life was over for me since all my friends and class mate were schooling. I moved in into trading where by i sold some cosmetics in a shop. I saw that i need to have a property since i could not made it to school.I ventured into farming aside the cosmetics to join my parents since that has been their source of emplyment all this while. As a young guy in farming, i was nerva easy but due to perseverance and aim to succeed i moved on.

My Business

I ventured into farming because i had basic knowledge about it growing up. Am a young guy who is established in Berekum. My parents were farmers so i used to help them when i close from school and during vacation. Ghana has a potential land for farming thus all the farming lands are fertile enough to grow almost 90% of the worlds crops.But is not easy farming in Ghana due to inadequate finances to help hure labour and machinery for farming activities. I have four acres of cocoa farm inwhich i need a loan of about $450 in other to hire labour. I cannot do all by myself and hope zidisha will help me. Thank you

Loan Proposal

Dear lenders its great time to deal directly with you again. 2018 season is nearing and your help is needed for te harvesting year. A loan of about $450 is needed for farm maintenance thus weeding, spraying, pruning and harvesting of fruits. It will be a major help and boost for much fruit this season. The profit will be used to pay back the loan as usual and asllso some catering for thw family since am the bread wimner of the family now. I expect this harvesting year to be twice as last year since effective farm principles were followed during the year till date.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$380.75

Date disbursed

Aug 3, 2018

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $11.27

Credit risk payment: $28.23

Optional expediting fee: $11.27

Lenders

CN

Craig Newmark

United States

KP

Keith Penrod

United States

Severin Zörgiebel

Frankfurt, Germany

R

Roman

Slovakia

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