Producing palm oil

Fred

Kwabenya - Accra, Ghana

100% repaid

Entrepreneur

Name

Fred

Member since

July 2020

On-time repayments

15 installments  •  33%

About Me

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.

My Business

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.

Loan Proposal

The loan is to be used to purchase more palm fruits to help increase production and revenue. I have a dream of becoming a great contributor to the global food security the whole world is fighting to attain. I have strong faith in my palm oil business to improve my financial status and also help raise other youths/ young entrepreneurs in my Community

Income Source

Given this loan payment is going to be smooth and simple,as at the moment my oil supplies is secured and am expected to supply any quantities. It is my principle to pay off all loans before paying myself. I make sales twice in a week ( Wednesdays and Saturdays) on market days. Therefore paying back loans given me is my top most priority.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Sep 2, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

AG

Alexandre Genereux

Gatineau, Canada

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