Name
Rabbi
Member since
November 2020
On-time repayments
26 installments • 23%
Rabbi Owusu is my name and I am the second born to my parents. I am married with three two children. I grew up from a farming community in Odumase. I was able to complete my SHS education but couldn't continue because my results was not good. I started to help my father where I got money and started to invest in agrochemicals because my farmer was the main distributor in our community where we lived. In school I was a football player and very active sportsman up to now.
I deal in Agrochemicals for farm produce, I sell all kinds of agrochemicals like pesticides, weedicides, fertilizers and other useful. I decided to invest in this products because each and every day weeds grow in our farms and farmers depends on these products to grow their crops. It's a good business and it's my dream to to be a key distributor if agrochemicals to farmers in and across the borders of Sunyani. this business generates enough profit and revenue, so it's very good to invest in my business.
I am requesting this loan to help me stock up my shop with insecticides, herbicides, fungicides, rodenticides, molluscicides, nematicides fertilizers and soil conditioners. These products are on high demands and because of lack funds to stock up with these items, I don't meet my clients request. With this loan I would be able to start stocking with a few for a start and gradually increase stock. The profit I gain from this investment would be be used to stock up with the various items as stated.
God has been good to me as market has been good for me this year. I credit and cash in some of these products to my cutomers so I'm able to raise money frequently and would pay the loan as expected from me.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$191.00
Date disbursed
Dec 24, 2020
Repayment status
Late
Projected term
5 months
Other loans
Amount repaid
$39.42
Amount remaining
$151.93
Expected completion
Jun 4, 2021
Status
Repaying late
Installment amount
$9.59
Expected Payments | Actual Payments | ||
---|---|---|---|
Jan 1, 2021 | $9.59 | Jan 9, 2021 | $9.59 |
Jan 8, 2021 | $0.00 | ||
Jan 15, 2021 | $0.00 | ||
Jan 22, 2021 | $0.00 | ||
Jan 29, 2021 | $0.00 | ||
Feb 5, 2021 | $0.87 | Mar 5, 2021 | $0.87 |
Feb 12, 2021 | $0.00 | ||
Feb 19, 2021 | $0.00 | ||
Feb 26, 2021 | $9.59 | Mar 11, 2021 | $9.59 |
Mar 5, 2021 | $9.59 | Mar 11, 2021 | $9.59 |
Mar 12, 2021 | $9.59 | Mar 12, 2021 | $9.59 |
Mar 19, 2021 | $0.00 | ||
Mar 26, 2021 | $0.00 | ||
Apr 2, 2021 | $0.17 | Apr 19, 2021 | $0.17 |
Apr 9, 2021 | $0.00 | ||
Apr 16, 2021 | $9.59 | ||
Apr 23, 2021 | $9.59 | ||
Apr 30, 2021 | $9.59 | ||
May 7, 2021 | $9.59 | ||
May 14, 2021 | $9.59 | ||
May 21, 2021 | $95.76 | ||
May 28, 2021 | $7.50 | ||
Jun 4, 2021 | $0.70 |
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