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
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.
Income Source
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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$153.00
Date disbursed
Sep 16, 2020
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
Italy
Germany
United States
Summary
Amount repaid
$101.92
Amount remaining
$51.24
Expected completion
Dec 20, 2020
Status
Repaying late
Installment amount
$15.22
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 27, 2020 | $15.41 | Sep 25, 2020 | $15.41 |
| Oct 4, 2020 | $15.41 | Sep 25, 2020 | $3.16 |
| Oct 1, 2020 | $12.25 | ||
| Oct 11, 2020 | $15.41 | Oct 1, 2020 | $6.31 |
| Oct 9, 2020 | $9.10 | ||
| Oct 18, 2020 | $0.00 | ||
| Oct 25, 2020 | $0.00 | ||
| Nov 1, 2020 | $0.00 | ||
| Nov 8, 2020 | $15.22 | Dec 10, 2020 | $15.22 |
| Nov 15, 2020 | $15.22 | Dec 10, 2020 | $15.22 |
| Nov 22, 2020 | $15.22 | Dec 10, 2020 | $6.68 |
| Dec 29, 2020 | $8.54 | ||
| Nov 29, 2020 | $15.22 | Dec 29, 2020 | $10.02 |
| Dec 6, 2020 | $15.22 | ||
| Dec 13, 2020 | $15.41 | ||
| Dec 20, 2020 | $15.41 | ||
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