Loan to buy different kinds of agro chemicals
Magnita
Hwediem, Ghana
7% repaid
Entrepreneur
Name
Magnita
Member since
March 2016
On-time repayments
84 installments • 70%
About Me
My name is Magnita A. Mensah I am thirty two years of age. I was born on 17th MARCH, 1983 I am fair in complexion. I hail from Tepa in the Ashanti region of Ghana but I reside with my single parent and other siblings in Hwediem in the Brong Ahafo region of Ghana. During my primary education it was only my mother who took care of me since my father died when I was young. My mother found it difficult to cater for me at my senior high education. After school I decided to sell ice water and toffee on road side and I was able to raise some capitals to start my own business with that little amount by selling agro chemicals on table top. I used the little profit to cater for my mother and other siblings. Because I do not have enough capital I get little profit from the sales which is not enough for me and my family. I kindly ask assistance from Zidisha to help me raise loan for me in order to get rich to improve my work. Thank you.
My Business
I started this business after selling ice water and toffee on road side. I am able to sell all the agro chemicals I used my little capital to buy, since where I am is a farming community people always buy agro chemical for their farming , because I do not have enough money to buy more of the agro chemicals found difficult to supply them all this lower my profit. Which I used to cater for my mother since she is a widow. Many people in my town like buying from me but because my capital is not enough to buy more chemicals i cannot make a lot of profit. So I need loan from good people like you to expand my business so that I can get profit to cater for my mother
Loan Proposal
I will use this loan to buy more different kinds of Agro chemicals in order to attract more customers. I will buy the following Agro chemicals
Weedicide 100 dollars
Pesticides 100 dollars
Seeds 90 dollars
Insecticides 100 dollars
Napsack spray machines 200 dollars
This loan will help me to increase my profit and my business will grow and expand and my family will enjoy from my profit.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$580.00
Date disbursed
Aug 2, 2016
Repayment status
Late
Projected term
523 months
Other loans
Lenders
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$42.62
Amount remaining
$566.52
Expected completion
Nov 13, 2017
Status
Repaying late
Installment amount
$23.51
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 15, 2016 | $10.33 | Aug 8, 2016 | $10.33 |
| Aug 22, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Aug 29, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Sep 5, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Sep 12, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Sep 19, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Sep 26, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Oct 3, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Oct 10, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Oct 17, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Oct 24, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Oct 31, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Nov 7, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Nov 14, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Nov 21, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Nov 28, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Dec 5, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Dec 12, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Dec 19, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Dec 26, 2016 | $0.77 | Aug 12, 2016 | $0.77 |
| Jan 2, 2017 | $0.77 | Aug 12, 2016 | $0.77 |
| Jan 9, 2017 | $0.77 | Aug 12, 2016 | $0.77 |
| Jan 16, 2017 | $0.77 | Aug 12, 2016 | $0.77 |
| Jan 23, 2017 | $0.77 | Aug 12, 2016 | $0.26 |
| Jan 25, 2017 | $0.52 | ||
| Jan 30, 2017 | $0.77 | Jan 25, 2017 | $0.77 |
| Feb 6, 2017 | $0.77 | Jan 25, 2017 | $0.77 |
| Feb 13, 2017 | $0.77 | Jan 25, 2017 | $0.77 |
| Feb 20, 2017 | $0.77 | Jan 25, 2017 | $0.77 |
| Feb 27, 2017 | $0.77 | Jan 25, 2017 | $0.52 |
| Feb 28, 2017 | $0.26 | ||
| Mar 6, 2017 | $0.77 | Feb 28, 2017 | $0.77 |
| Mar 13, 2017 | $0.77 | Feb 28, 2017 | $0.77 |
| Mar 20, 2017 | $0.77 | Feb 28, 2017 | $0.77 |
| Mar 27, 2017 | $0.77 | Feb 28, 2017 | $0.77 |
| Apr 3, 2017 | $0.77 | Feb 28, 2017 | $0.52 |
| Apr 4, 2017 | $0.26 | ||
| Apr 10, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| Apr 17, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| Apr 24, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| May 1, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| May 8, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| May 15, 2017 | $0.77 | Apr 4, 2017 | $0.77 |
| May 22, 2017 | $0.26 | May 24, 2017 | $0.26 |
| May 29, 2017 | $23.51 | May 24, 2017 | $1.03 |
| Jun 5, 2017 | $23.51 | ||
| Jun 12, 2017 | $23.51 | ||
| Jun 19, 2017 | $23.51 | ||
| Jun 26, 2017 | $23.51 | ||
| Jul 3, 2017 | $23.51 | ||
| Jul 10, 2017 | $23.51 | ||
| Jul 17, 2017 | $23.51 | ||
| Jul 24, 2017 | $23.51 | ||
| Jul 31, 2017 | $23.51 | ||
| Aug 7, 2017 | $23.51 | ||
| Aug 14, 2017 | $23.51 | ||
| Aug 21, 2017 | $23.51 | ||
| Aug 28, 2017 | $23.51 | ||
| Sep 4, 2017 | $23.51 | ||
| Sep 11, 2017 | $23.51 | ||
| Sep 18, 2017 | $23.51 | ||
| Sep 25, 2017 | $23.51 | ||
| Oct 2, 2017 | $23.51 | ||
| Oct 9, 2017 | $23.51 | ||
| Oct 16, 2017 | $23.51 | ||
| Oct 23, 2017 | $23.51 | ||
| Oct 30, 2017 | $23.51 | ||
| Nov 6, 2017 | $23.51 | ||
| Nov 13, 2017 | $4.13 | ||
Ask Magnita a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.