Loan for farming

Alo

Atebubu, Ghana

100% repaid

Entrepreneur

Name

Alo

Member since

April 2020

On-time repayments

10 installments  •  50%

About Me

I'm Alo Samuel, a citizen of Ghana, First Degree grduate of the University of Education, Winneba. I am a Farmer and am into Crops Farming, ie. Cowpea and Maize. My hobby is going to Farm

My Business

The source of my income is Loans from the Banks which yealds much interest making it difficult to pay back the loan and the interest within the shortest period

Loan Proposal

Even though, the loan amount is too small for my farming activities and the equipment needed for the maintenance of the Farm yet I will manage with the little at least to purchase some of the equipment.
I will like to use this opportunity to bring on board my request. I will be happy if Zidisha can buy a farm tractor for me so that I can expand the farm and even recruite more of the youth or give me a loan to purchase the Tractor

Income Source

Yes coronavirus has been the order of the day, it affects so many business world wide including Ghana as well therefore, world economic hardship.
Moreover, Ghana is not left out in terms of coronavirus but Ghana is divided into regions in total 16 regions and luckily enough, my region is among one of the 3 regions out of the 16 without the coronavirus, so business is moving especially farming

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

May 18, 2020

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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