To buy bumping machine

Mumuni Abudu

Ve-deme, Ghana

100% repaid

Entrepreneur

Name

Mumuni Abudu

Location

Ve-deme, Ghana

On-time repayments

11 weekly installments  •  64%

About Me

My name is Mumuni Abudu. I come from Lolobi in the Volta Region. I am married with five children. I am a business man and a farmer. I am able to support my children's education through the cocoa farming. I have about ten acres of cocoa farm. I have a vision to expand the farm in future.

My Business

I am a cocoa farmer. I do generate about 30000 cedis income annually.It is through the farming that I am able to support my children's education, currently I have one child in the University,two in the SHS and two also in the JHS.The cocoa farming is a very lucrative business in Ghana, which the government is encouraging people to engage in.

Loan Proposal

I will like to use the loan to buy bumping machine to spray my cocoa farm.Where the river along my farm is far from the farm so i think with the machine it will help me.

Income Source

I have several cocoa pads which i have been selling.i can sell some to pay for the loan.With that i think i can pay for the loan.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$223.72

Date disbursed

Mar 31, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $223.72 = $10.32

Credit risk payment: $31.29

Optional expediting fee: $20.81

Lenders

G

Goldrivermob

Gold River, Canada

R

Robert

Berlin, Germany

AH

ajay hampapur

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

KK

karl kerksiek

United States

Sinan Taifour

Munich, Germany, Germany

Paul Buchheit

Mountain View, United States

T

Timo

Germany

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

Loading...

Loading...

Loading...