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.
As a palm oil producer, with machinery capacity of five tonnes, currently producing below four tonnes with a high demand for oil on the market. I have a dream of becoming one of the best oil producers in Africa in a space of five years. Also it is my wish to be a major contributor to the global goal of food security as champion by the wold bank. With the help of loans from Zidisha I am looking forward to be able to also creat job opportunity to youth in my Community to help improve their life just as Zidisha is doing for me.
As a producer of palm oil in my local community I have a very high demand (buyers) and therefore with a machinery capacity to produce more oil for the buyers whom I supply twice in a week paying back my loan is possible and very importantly I am one person who puts my loans and lenders first after sales since they are my source of capital which I use to run my business, I therefore do all possible thing to keep a good relationship with my lenders. Thanks very much for considering to support my dream.
Sep 16, 2020
Cost to entrepreneur
Service fee: $10.38
Credit risk payment: $11.39