Hiring of labor for my farm

Michael

Berekum, Ghana

100% repaid

Entrepreneur

Name

Michael

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

I wish to state categorically that i need a loan from Zidisha to help me in my farm activities. Farming had never been easy for out part of the world, Ghana. With no capital it is difficult to excel in farming. As a young guy in farming i need more hands in my farm activities since these type of cash crops needs huge investment to be able to be measured as cash.weeds normally grow in the farm and it needs to be cleared, there are some plants that grow on the cocoa tree which are pesticides, hence labor to trim them down. Also the cocoa trees need some fertilizers to pump on them in other to bearuch fruits. All these are capital, and with the help of zidisha i hope i will get equally good results. I wish to say that a loan of 1800 Ghana Cedis can go a long way to help my farm flourished and its results will be measured by the fruits that will be harvested. Thus is my humble request from Zidisha platform and its noble lenders

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$106.00

Date disbursed

Mar 12, 2018

Repayment status

On Time

Projected term

2 months

Lenders

Vratik Krocik

Prague, Czech Republic

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Summary

Amount repaid

$106.02

Amount remaining

$0.00

Date repaid

May 2, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 25, 2018 $33.62 May 2, 2018 $33.62
Apr 1, 2018 $33.62 May 2, 2018 $33.62
Apr 8, 2018 $33.62 May 2, 2018 $33.62
Apr 15, 2018 $5.16 May 2, 2018 $5.16

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