Loan to buy cocoa seeds for sale

Akormedi

Accra, Ghana

15% repaid

Entrepreneur

Name

Akormedi

Member since

March 2021

On-time repayments

8 installments  •  63%

About Me

I am Akormedi Korshie a framer in the Volta region of Ghana and I work in Accra as a distributor of a cocoa. I was living in the village when I was born with my parents, they were framers and do not have money to take care of my education to the highest level but I was able to complete S.H.S when I was 20 years of age since my father die at that age I was not able to continue my education, so I decide to become a framer. From that time till today I have been farming and I have a large cocoa farm in my village. Through my hard work I have been able to invested in buying cocoa seeds from farmers and due to that I have relocate my self to Accra to do business.

My Business

I buy and sell cocoa seeds and I also run different businesses in Accra. I have a large cocoa farm in the village of which I also make money from its proceedings.

Loan Proposal

I have been able to pay off my loan and i need this loan to add to my capital to be able to buy more bags of cocoa seeds for sale. It will help me increase my capital so that i can buy more cocoa seeds from the farmers and sell to make profit. Part of my profit is used to support my family and the needy in my community.

Income Source

I can pay off the loan because the demand of cocoa seeds is high here in Ghana and in case of risk I will pay back the loan from the profit I make from my other businesses.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$159.00

Date disbursed

Mar 19, 2021

Repayment status

Late

Projected term

6 weeks

Lenders

B

bscent

Hong Kong

Dave Bogard

New York, United States

PP

Pasi Paajanen

Helsinki, Finland

C P

Mazatlan, Mexico

Darrel Wratten

Cape Town, South Africa

SW

Sean Walsh

United States

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  • Akormedi    Apr 2, 2021

    i have a family issues to address for that matter i went back to my home town to solve the issue and i was not able to work this week so when back i will make full payment when i start working.

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  • Akormedi    Mar 18, 2021

    I will use the loan to buy cocoa seed for sale and it will help me to buy more cocoa seed from customers and sell to make profit. Thanks to everyone for your help.

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  • Akormedi    Mar 16, 2021

    I have been able to make payment from the profit i make from my business this week. I use the loan to buy a bags of cocoa seed for sale and it help me to serve my customers for the week.

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  • Akormedi    Mar 9, 2021

    I received 410GHS and I added the loan to my capital to buy cocoa seeds. Thanks for your support.

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  • Akormedi    Mar 8, 2021

    i will buy cocoa seeds for sale and this will help me increase my profit.Thanks to all my lenders.

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  • Akormedi    Mar 4, 2021

    I will use the loan to beg cocoa seeds for sale. This loan will help me to increase my capital to help me buy more cocoa seeds for sale. Thanks to all my lenders for their support.

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