Invest into my cocoa farm

Godfred

Berekum, Ghana

100% repaid

Entrepreneur

Name

Godfred

Member since

January 2016

On-time repayments

170 installments  •  31%

About Me

Ofori Godfred is my name. I come from Berekum in the Brong Ahafo Region of Ghana. I am 46 years of age, a marriage man with four children. I stay in Berekum in a house number; AH 052 Ahenboboano. I am black in compression I am a cocoa farmer. My farm is also located in Berekum. I like playing volley as my favourite game.

My Business

Dear lenders, farming is a very hard profession and a lucrative one too. I started farming about five to six years ago. Before then, I started with a small scale farming of our local crops like cassava, plantain, and maize. I gathered capital and later bought cocoa seeds to involve myself into a cocoa farming. I am currently managing my cocoa farm of about 16 acres. Dear lenders, cocoa is having two season of production, the major crop season and the minor crop season. If it is maintained well with chemicals like fertilizers, insecticides, and weedicides, it produces more equally in both seasons. For the whole year, I can get about four hundred to five hundred bags of cocoa, which is huge amount of money. Because cocoa has been so useful to the whole world, the market price of cocoa in my country here is very awesome. With my farming, I have been able to establish my provision store, which gives my family our daily bread. The farm has also help my children to further their education into a higher level. Dear Zidisha, I still need a huge amount of money to make more different farms, so help me. I am ever ready to use the loan wisely in order to be able to repay. Thanks.

Loan Proposal

Dear Zidisha, it needs a lot of investment before a cocoa farm can be useful. If you help me with your loan, I am going to use it to buy more different chemicals to spray the farm so that I can increase my production. I need to buy cutlasses and other farming tools like the spraying machines to make the work easier and faster. I also need money to help in labor and transportation of farm products. Dear Zidisha, it is my aim to establish animal farm, I hope with your organization, I would be able accomplish it. It also involves a lot of money before it can be done. I hope our dear lenders and Zidisha will come into my aid. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 24, 2016

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

PG

Paul Graham

United States

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  • Mark Walmsley    Jul 11, 2016

    Godfred,
    I understand you might have difficulty repaying the loan but why extend the term to 36 months (3 years) from around 3 months? That seems rather excessive. Why not take an extra month or maybe 2 tops? This undermines the system when you ask for around 3 months repayment then take 3 years. Mark

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  • Godfred    Jul 1, 2016

    Please, in order to be able to repay my loan without disappointing my dear lenders. I would like to adjust the repayment plan for now. I am very hopeful to come back soon and complete it within the time given. Thanks.

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  • Godfred    Jul 1, 2016

    Hi Dear lenders,
    I am very grateful for the loan given to me. It is helping me so much, I have used all to buy cocoa seedlings and agro - chemicals to make a new farm in addition to my old farm. Actually, my farming activity is going on well. Thank you so much for your support.

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  • Godfred    Jun 16, 2016

    I am very grateful for the loan funded. I am going to use this loan to buy more chemicals to spray my cocoa farm. I thank you lenders, I also thank zidisha for its marvelous work. Thank you all.

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  • Godfred    Jun 11, 2016

    Thank you dear Lenders for supporting me with my farm business. I hope you will give me another support. Thank you.

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  • Stephen    May 3, 2016

    Dear Lenders,

    Please, I phoned to Godfred just yesterday. He explained everything to me of what's delaying his payment. But please, he told me that, approximately Thursday, he will continue with the payment. Thank you for your patience.

    Stephen Yeboah
    Volunteer Mentor

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  • Godfred    Feb 8, 2016

    My farm

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  • Godfred    Feb 8, 2016

    My cocoa farm

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