Loan to buy books

Armstrong

Tempaani, Ghana

19% repaid

Entrepreneur

Name

Armstrong

Member since

September 2016

On-time repayments

78 installments  •  8%

About Me

I am ,maxwell, married with 2 kids a boy and a girl. I completed senior high school at salvation army senior school. After school, I started involving myself in farming which gives me good income to sustain my family.I also do have 5 sheeps and 10 goats,which it gives me a total of . 1500 ghana cedis in a year. I want to give my children a better education and not to let them suffer they way i did when i am in school. I love playing soccer sometimes but really love my farming job as my hobby too.

My Business

My business is farming for commercial purpose and I mainly plant maize and other vegetables which gives profit because in my area people don't involve themselves in maize farming and that's why I decided to do it. The risk of this business is in dry season and heavy rain because it need a short rain ,it also need pesticides to prevent it from pests for it to grow well. .
Pesticides and spraying machine for my acres of land will cost about 200 dollars.
When it is harvested, i gain profits of about 700 to 800 dollars. I then use some of the money to buy new seedlings for next growing. Also part of the money is use to pay my children school fees.

Loan Proposal

I am very grateful to zidisha for the first loan that was given to buy the pesticides for the maize farm. The maize are not ready to be harvested but child is going to the university and it come with a lot of cost. I am pleading with lenders to help me pay the admission and hostel fees and tuition fees. This will give me time to harvest the maize and pay back the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Sep 22, 2016

Repayment status

Late

Projected term

19 months

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$3.86

Amount remaining

$16.21

Expected completion

Mar 24, 2018

Status

Repaying late

Installment amount

$0.26

Repayment History

Expected Payments Actual Payments
Oct 1, 2016 $0.26 Oct 22, 2016 $0.26
Oct 8, 2016 $0.26 Oct 22, 2016 $0.26
Oct 15, 2016 $0.26 Nov 28, 2016 $0.26
Oct 22, 2016 $0.26 Nov 28, 2016 $0.26
Oct 29, 2016 $0.26 Nov 28, 2016 $0.26
Nov 5, 2016 $0.26 Nov 28, 2016 $0.26
Nov 12, 2016 $0.26 Dec 9, 2016 $0.26
Nov 19, 2016 $0.26 Dec 9, 2016 $0.26
Nov 26, 2016 $0.26 Dec 9, 2016 $0.26
Dec 3, 2016 $0.26 Dec 9, 2016 $0.26
Dec 10, 2016 $0.26 Dec 9, 2016 $0.26
Dec 17, 2016 $0.26 Dec 9, 2016 $0.26
Dec 24, 2016 $0.26 Dec 9, 2016 $0.26
Dec 31, 2016 $0.26 Dec 9, 2016 $0.26
Jan 7, 2017 $0.26 Dec 9, 2016 $0.26
Jan 14, 2017 $0.26
Jan 21, 2017 $0.26
Jan 28, 2017 $0.26
Feb 4, 2017 $0.26
Feb 11, 2017 $0.26
Feb 18, 2017 $0.26
Feb 25, 2017 $0.26
Mar 4, 2017 $0.26
Mar 11, 2017 $0.26
Mar 18, 2017 $0.26
Mar 25, 2017 $0.26
Apr 1, 2017 $0.26
Apr 8, 2017 $0.26
Apr 15, 2017 $0.26
Apr 22, 2017 $0.26
Apr 29, 2017 $0.26
May 6, 2017 $0.26
May 13, 2017 $0.26
May 20, 2017 $0.26
May 27, 2017 $0.26
Jun 3, 2017 $0.26
Jun 10, 2017 $0.26
Jun 17, 2017 $0.26
Jun 24, 2017 $0.26
Jul 1, 2017 $0.26
Jul 8, 2017 $0.26
Jul 15, 2017 $0.26
Jul 22, 2017 $0.26
Jul 29, 2017 $0.26
Aug 5, 2017 $0.26
Aug 12, 2017 $0.26
Aug 19, 2017 $0.26
Aug 26, 2017 $0.26
Sep 2, 2017 $0.26
Sep 9, 2017 $0.26
Sep 16, 2017 $0.26
Sep 23, 2017 $0.26
Sep 30, 2017 $0.26
Oct 7, 2017 $0.26
Oct 14, 2017 $0.26
Oct 21, 2017 $0.26
Oct 28, 2017 $0.26
Nov 4, 2017 $0.26
Nov 11, 2017 $0.26
Nov 18, 2017 $0.26
Nov 25, 2017 $0.26
Dec 2, 2017 $0.26
Dec 9, 2017 $0.26
Dec 16, 2017 $0.26
Dec 23, 2017 $0.26
Dec 30, 2017 $0.26
Jan 6, 2018 $0.26
Jan 13, 2018 $0.26
Jan 20, 2018 $0.26
Jan 27, 2018 $0.26
Feb 3, 2018 $0.26
Feb 10, 2018 $0.26
Feb 17, 2018 $0.26
Feb 24, 2018 $0.26
Mar 3, 2018 $0.26
Mar 10, 2018 $0.26
Mar 17, 2018 $0.26
Mar 24, 2018 $0.26

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