To buy more cocoa seedlings and other equipment for farming

Akugre Isaa

Effiduase, Ghana

15% repaid

Entrepreneur

Name

Akugre Isaa

Member since

November 2016

On-time repayments

69 installments  •  61%

About Me

Introduce yourself to lenders am Akugre Isaac and came from a family which is made up of eight members but now am now a family heard,with three of whom two are female and one is a male.Am married to one named as Adwoa Akugre and she is a mother to my three children. I am cocoa farmer on a small scale farming project ,it about seven acres and I always do two harvests in each year which gives me 10 bags in each harvest .Am also in the sales provisions store which I make money daily.Apart from being a cocoa farming project, am working as a Ghana Education service staff worker,where I receive a monthly income to support the needs of my family, there is a culture of peace and love among the people of my area that made business activities to flourish well.My kids always tell they want to become community leaders in future.

My Business

Describe your business or income source. am a hard working business man, I work as a cocoa farmer and lottery business man.This give a good source of income to take care of my family.I want to start with the large scale farming project if this loan is fully funded for me to start with my business.The cocoa seedlings yam sets, maize and other agricultural inputs is important in Carry out the farming project by buying more to start well.Also, since am a worker and a business man my sources of income is regular each week,mostly in a week I receive a minimum amount of $119.75 dollars. I assure my lenders that when the loan is given to me I would be committed in repaying on weekly because I have a regular source income from my business and a monthly salary income, so if my lenders fund my loan on time I would be grateful, thank you lenders.

Loan Proposal

Thank you my lenders for given me the opportunity to list some items I would buy when the loan is given to me, I will purchase more cocoa seedlings for $119.75 dollars, chemicals to spray on the cocoa for $47.9 dollars and I buy maize for 3 bags cost $215.55 dollars.I hope my lenders would fund my loan on time me to buy the items listed above, thanks very much. God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$308.64

Date disbursed

Mar 24, 2018

Repayment status

Late

Projected term

4 months

Cost to entrepreneur

Service fee: $8.61

Credit risk payment: $17.35

Lenders

Lurch

United States

Paul Buchheit

Mountain View, United States

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