Loan to pay the same loan to increase my credit limit

Abenaa

Berekum, Ghana

100% repaid

Entrepreneur

Name

Abenaa

Member since

June 2018

On-time repayments

44 installments  •  80%

About Me

I was born and raised at pepaase a sub town of berekum. I didn't acquire much education. I am currently a cocoa farmer I work with my husband. We have seven children. the last born is in the secondary school. My mother is from obuasi in the Ashanti Region. Since she got married and moved here all her children top are here. I am the eldest and ten are after me making it a total of eleven. Our family Id among fee of the honourable families. Until i got married and moved to my husband I had spent all my life at pepaase My late father was a cocoa farmers. He was the sole bread winner so when he died and his relatives came in and seized his farms from my mother things became so difficult that I the ladies of my mother's children were had get marry early.. I am
My hobby is playing local aware game

My Business

I am cocoa farmer. I sell cocoa seeds as my final products in bags to the government. I harvest in two seasons. My annual income is a little bit high. I produce More among farmers in the society. I also do some small okro farm during the dry season. I make some good earnings from it. I will use these money to pay my debt with this organisation and give me room for bigger loans. I have been working with my husband as a cocoa farm up for about twenty years now. Farming business is what we have been using to take care of the house. The money comes twice a year that is minor and major season's. We also grow food that we eat at home. We earn approximately USD 1200 anually. This is what we use for the family and the entire household.

Loan Proposal

I must say I am delighted you assisted in funding my loan. I was very helpful because I received it on due time. This time I am here again seeking for yet another loan. This one is targeted on playing itself. Meaning it will be used to pay the same loan. We have two seasons here in my country rainy and dry seasons. We are currently in the dry season during this season farming activities reduces. So this time the loan will be used to pay itself whiles I wait for rainy season to take larger loan to invest in my farm. I am doing this to maintain my credit limit and even increase my trust with my lenders who has been assisting me so far. I would want to raise enough money that will be able to help in the coming season. lenders please lend me as you have been doing always. I want a loan of about USD 132. Lenders bail me out again.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$134.00

Date disbursed

Jan 9, 2019

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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