Purchasing of farm implement, brush cutter
Michael
Effiduase Ashanti, Ghana
100% repaid
Entrepreneur
Name
Michael
Member since
February 2015
On-time repayments
120 installments • 48%
About Me
My grandmother sponsored my education from primary school to Secondary school because my parents were not available. During my post secondary education, I worked as photographer to support my education.
Apart from my main job as agriculturist, I sell quality hybrid coconut seedlings to farmers as I share technical knowledge with them.
My children want to become health workers in future.
My hobbies are swimming and helping of the needy people and music.
My Business
I work as cocoa, plantain and coconut farmer. The cocoa beans and coconut fruits have ready market and fixed produce price. I decided to farm in order to practice the knowledge acquired in school.
My typical cost emanate from hiring of farm labour, purchasing of agro inputs, farm implement and means of transport to farm. I get my revenue from my salary, and sale of farm produce, cocoa beans.
I use the profit to support my childrens education, reinvestment into my farm business and helping other needy people especially, renewing of their health insurance for them.
Loan Proposal
The loan will be used to purchase brush cutter machine to enable me control weeds effectively and easily. This will also help me cut down my farm labour cost. Effective weed control could lead to an increase in the yield of my cocoa farm which intend leads to an increase in my farm income level, which will enable me to cater for my wards education and that of the vulnerable ones, thank you.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$382.00
Date disbursed
Jan 31, 2016
Repayment status
On Time
Projected term
17 months
Other loans
Lenders
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Summary
Amount repaid
$394.00
Amount remaining
$0.00
Date repaid
Jul 23, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 7, 2016 | $5.00 | Feb 7, 2016 | $5.00 |
| Feb 14, 2016 | $5.00 | Feb 14, 2016 | $5.00 |
| Feb 21, 2016 | $5.00 | Feb 21, 2016 | $5.00 |
| Feb 28, 2016 | $5.00 | Feb 28, 2016 | $5.00 |
| Mar 6, 2016 | $5.00 | Mar 7, 2016 | $5.00 |
| Mar 13, 2016 | $5.00 | Mar 13, 2016 | $5.00 |
| Mar 20, 2016 | $5.00 | Mar 20, 2016 | $5.00 |
| Mar 27, 2016 | $5.00 | Mar 27, 2016 | $5.00 |
| Apr 3, 2016 | $5.00 | Apr 3, 2016 | $5.00 |
| Apr 10, 2016 | $5.00 | Apr 10, 2016 | $5.00 |
| Apr 17, 2016 | $5.00 | Apr 17, 2016 | $5.00 |
| Apr 24, 2016 | $5.00 | Apr 25, 2016 | $5.00 |
| May 1, 2016 | $5.00 | May 1, 2016 | $5.00 |
| May 8, 2016 | $5.00 | May 8, 2016 | $5.00 |
| May 15, 2016 | $5.00 | May 15, 2016 | $5.00 |
| May 22, 2016 | $5.00 | May 22, 2016 | $5.00 |
| May 29, 2016 | $5.00 | May 30, 2016 | $5.00 |
| Jun 5, 2016 | $5.00 | Jun 19, 2016 | $5.00 |
| Jun 12, 2016 | $5.00 | Jul 4, 2016 | $5.00 |
| Jun 19, 2016 | $5.00 | Jul 10, 2016 | $5.00 |
| Jun 26, 2016 | $5.00 | Jul 17, 2016 | $5.00 |
| Jul 3, 2016 | $5.00 | Jul 24, 2016 | $5.00 |
| Jul 10, 2016 | $5.00 | Jul 31, 2016 | $5.00 |
| Jul 17, 2016 | $5.00 | Aug 7, 2016 | $5.00 |
| Jul 24, 2016 | $5.00 | Aug 15, 2016 | $5.00 |
| Jul 31, 2016 | $5.00 | Aug 22, 2016 | $5.00 |
| Aug 7, 2016 | $5.00 | Aug 28, 2016 | $5.00 |
| Aug 14, 2016 | $5.00 | Sep 5, 2016 | $5.00 |
| Aug 21, 2016 | $5.00 | Sep 11, 2016 | $5.00 |
| Aug 28, 2016 | $5.00 | Sep 18, 2016 | $5.00 |
| Sep 4, 2016 | $5.00 | Sep 25, 2016 | $5.00 |
| Sep 11, 2016 | $5.00 | Oct 2, 2016 | $5.00 |
| Sep 18, 2016 | $5.00 | Oct 9, 2016 | $5.00 |
| Sep 25, 2016 | $5.00 | Oct 18, 2016 | $5.00 |
| Oct 2, 2016 | $5.00 | Oct 25, 2016 | $5.00 |
| Oct 9, 2016 | $5.00 | Oct 30, 2016 | $5.00 |
| Oct 16, 2016 | $5.00 | Nov 6, 2016 | $5.00 |
| Oct 23, 2016 | $5.00 | Nov 14, 2016 | $5.00 |
| Oct 30, 2016 | $5.00 | Nov 25, 2016 | $5.00 |
| Nov 6, 2016 | $5.00 | Nov 27, 2016 | $5.00 |
| Nov 13, 2016 | $5.00 | Dec 4, 2016 | $5.00 |
| Nov 20, 2016 | $5.00 | Dec 13, 2016 | $5.00 |
| Nov 27, 2016 | $5.00 | Dec 22, 2016 | $5.00 |
| Dec 4, 2016 | $5.00 | Dec 27, 2016 | $5.00 |
| Dec 11, 2016 | $5.00 | Jan 3, 2017 | $5.00 |
| Dec 18, 2016 | $5.00 | Jan 11, 2017 | $5.00 |
| Dec 25, 2016 | $5.00 | Jan 17, 2017 | $5.00 |
| Jan 1, 2017 | $5.00 | Jan 27, 2017 | $5.00 |
| Jan 8, 2017 | $5.00 | Feb 4, 2017 | $5.00 |
| Jan 15, 2017 | $5.00 | Feb 10, 2017 | $5.00 |
| Jan 22, 2017 | $5.00 | Feb 17, 2017 | $5.00 |
| Jan 29, 2017 | $5.00 | Feb 25, 2017 | $5.00 |
| Feb 5, 2017 | $5.00 | Mar 4, 2017 | $5.00 |
| Feb 12, 2017 | $5.00 | Apr 5, 2017 | $5.00 |
| Feb 19, 2017 | $5.00 | Apr 5, 2017 | $5.00 |
| Feb 26, 2017 | $5.00 | Apr 5, 2017 | $5.00 |
| Mar 5, 2017 | $5.00 | Apr 10, 2017 | $5.00 |
| Mar 12, 2017 | $5.00 | Apr 20, 2017 | $5.00 |
| Mar 19, 2017 | $5.00 | Apr 23, 2017 | $5.00 |
| Mar 26, 2017 | $5.00 | May 2, 2017 | $5.00 |
| Apr 2, 2017 | $5.00 | May 7, 2017 | $5.00 |
| Apr 9, 2017 | $5.00 | May 15, 2017 | $5.00 |
| Apr 16, 2017 | $5.00 | May 21, 2017 | $5.00 |
| Apr 23, 2017 | $5.00 | May 21, 2017 | $5.00 |
| Apr 30, 2017 | $5.00 | May 28, 2017 | $5.00 |
| May 7, 2017 | $5.00 | Jun 6, 2017 | $5.00 |
| May 14, 2017 | $5.00 | Jun 11, 2017 | $5.00 |
| May 21, 2017 | $5.00 | Jun 11, 2017 | $5.00 |
| May 28, 2017 | $5.00 | Jun 18, 2017 | $5.00 |
| Jun 4, 2017 | $5.00 | Jun 18, 2017 | $5.00 |
| Jun 11, 2017 | $5.00 | Jun 25, 2017 | $5.00 |
| Jun 18, 2017 | $5.00 | Jun 25, 2017 | $5.00 |
| Jun 25, 2017 | $5.00 | Jul 2, 2017 | $5.00 |
| Jul 2, 2017 | $5.00 | Jul 2, 2017 | $5.00 |
| Jul 9, 2017 | $10.00 | Jul 9, 2017 | $10.00 |
| Jul 16, 2017 | $10.00 | Jul 17, 2017 | $10.00 |
| Jul 23, 2017 | $4.00 | Jul 23, 2017 | $4.00 |
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