Name
Fred
Member since
July 2020
On-time repayments
15 installments • 33%
Fred Ayisi is my name and 30 years of age, I'm from Ghana and a systems engineer by profession. Despite my education and profession I find my heart in the agribusiness so therefore I am into rearing and sales of livestock like goats, pigs and palm oil production and supplies. I have a dream of helping the world improve food security as for a while now, food security has become one of the q1A-/,world's most confronting issue. I believe I have almost all it takes to be successful in this area of business. My greatest challenge so far has been financially, which I believe me becoming a member of the Zidisha family by the help of lenders I will gradually succeed in my business and eventually become a lender to other people who will be joining us in this family.
GadFed Farms is the name of my business and I am into rearing and sales of livestock a,/nd also a 22 Acer of palm farm which I process into palm oil after haverst. So far so good business has been good and sustainable. At this point I seek to expand my business both the livestock and the palm oil production. The whole expansion requires a sum of four thousand dollars ( $4000). Yes I know and I understand the systematic means of increasing my credit on Zidisha so therefore do not expect to get a whole loan sum of that at a go. I am willing to gradually build my credibility and ties with lenders.
The loan is to be used to buy more palm fruits from other farmers to process it into palm oil to increase production, sale and profit without increase in expenditure, because currently my operation cost should be covering a 5 tonne of palm fruits processing but only covering 2 tonne most at times.
This loan is to help but more raw palm fruits for processing which is to sold to customers on Wednesdays and Saturdays every week. There by making a ghs 25 weekly payments is possible.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Aug 24, 2020
Repayment status
On Time
Projected term
3 weeks
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