Helping every youth own a home

Michael

Nkoranza, Ghana

100% repaid

Entrepreneur

Name

Michael

Member since

May 2019

On-time repayments

117 installments  •  57%

About Me

Michael Asumadu is my Name , From Nkoranza in the Brong Region .. I am 24 years old and I am entrepreneur.. I have 2 kids.. I am a hard working man. I was born in Nkukua Bouho in the Ashanti Region and schooled in Solid Foundation Experimental School where i completed my Junior high school and pursued my Senior high at Dwamena Akenten Senior high where i couldn't complete due to financial difficulties. I started working for people a sales person. I was able to manage to buy a plot of land and start building in 2013. Due to this experience i got from my building, Most friends were influenced in my hard work and needed my support to help them also buy a plot of land and start something , this where my passion for building starts and i gathered a team of Architect ,Mason and Civil engineer and that's when i started my Construction Firm "MicAlex Construction Solution.

My Business

MicAlex Construction Solution
Started 2018 last year and our aim is to help support every youth own their home and also closing unemployment rate by employing new skills to our work.

Michalex Centenary Agribusiness
Michalex Centenary Agribusiness which will soon be changed to Greenbelt Agricult Consult is a registered Agricultural business
headquartered in Ghana, is a start-up progressive agricultural company for purpose of producing quality commodities such as cash crops and livestock rearing for human consumption.

Objectives
• To be in 7-10 years among the top 5 producers of all farming produce in Ghana, West-Africa.
• 100% customer satisfaction, measured through repeated customers’ referrals and surveys.
• Increase sales substantially in the second full year of operation.
• Establish strategic relationships with our customers.
• Increase gross margins in the next five years.
• Reach the point of sustainable profitability

Mission
It is Michalex Centenary Agribusiness mission to become the leading producer of cash crops and livestock rearing in Nkoranza and Brong Ahafo Region as a whole and spanning to cover Ghana in general, and help build a vibrant community based food system.

Vision
Our vision is to become a beacon of hope for the nation through utilization of modern farming techniques to grow quality foods for all.


Michael Asumadu Foundation

The Michael Asumadu Foundation is a non-profit organisation which was established with the sole purpose of transforming young people’s minds and lives in the West Africa . The philosophy upon which the Foundation is built emphasizes enhancing Africa’s Education, Health and Wealth to enable Africans to assume responsible roles in the development of our nation.

Loan Proposal

I am embarking on a one storey building Project which Zidisha has been off help much Now is at the roofing level and i need funds to buy woods and roofing sheets for the roofing.. I hope my loan will be granted. Thank you

Income Source

Many business patronization has been down because of the Pandemic but If am granted this loan i will use part of my savings from my company to pay off the loan every week

Feedback

1

None

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  • Erik G    Aug 6, 2020

    thanks for all your communication and prompt repayments Michael and for your community focus in your work. Very pleased to be able to extend another loan to you to help you continue to grow your impact.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$179.00

Date disbursed

May 14, 2020

Repayment status

On Time

Projected term

3 months

Lenders

B

Bpryse

Long beach, United States

NH

Nancy Hull

United States

JR

Jose Ramirez

World, Spain

EG

Erik G

Switzerland

Ask Michael a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$179.33

Amount remaining

$0.00

Date repaid

Aug 5, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 22, 2020 $18.01 May 18, 2020 $7.98
May 20, 2020 $10.02
May 29, 2020 $18.01 May 20, 2020 $1.11
May 22, 2020 $2.60
May 27, 2020 $14.29
Jun 5, 2020 $18.01 May 27, 2020 $3.71
May 31, 2020 $9.28
May 31, 2020 $0.56
Jun 6, 2020 $4.46
Jun 12, 2020 $18.01 Jun 6, 2020 $4.83
Jun 6, 2020 $5.38
Jun 17, 2020 $7.80
Jun 19, 2020 $18.01 Jun 17, 2020 $3.34
Jun 25, 2020 $14.67
Jun 26, 2020 $17.08 Jun 30, 2020 $1.86
Jul 4, 2020 $13.37
Jul 14, 2020 $1.86
Jul 3, 2020 $0.00
Jul 10, 2020 $0.00
Jul 17, 2020 $9.28 Jul 18, 2020 $2.78
Jul 21, 2020 $1.86
Jul 22, 2020 $4.64
Jul 24, 2020 $9.28 Jul 22, 2020 $4.64
Jul 27, 2020 $4.64
Jul 31, 2020 $9.28 Jul 27, 2020 $3.53
Jul 29, 2020 $3.71
Jul 31, 2020 $2.04
Aug 7, 2020 $9.28 Jul 31, 2020 $9.28
Aug 14, 2020 $18.01 Jul 31, 2020 $7.24
Aug 1, 2020 $9.28
Aug 5, 2020 $1.49
Aug 21, 2020 $17.08 Aug 5, 2020 $15.41
Aug 5, 2020 $1.67

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