Loan to buy a tricycle (Moto King)

Amindin

Sunyani, Ghana

6% repaid

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Entrepreneur

Name

Amindin

Member since

January 2016

On-time repayments

168 installments  •  41%

About Me

Life in my village was never easy at all because they were just peasant farmers,only 5% were educated.just a few knew the importance of education.though my father is not educated but he was able to finance my primary education, then I had to also struggle from there along side with farming. In 2000 I completed my primary education and proceeded to Junior high and completed 2004,from there I qualified to further in senior high and completed 2007.Life was not easy in terms of paying feed and what to eat,but by his grace I managed to further to tertiary and completed in 2014.where I live now about 70% are farmers and mostly Christian. I like swimming and reading story books. My child want to be a doctor

My Business

Farming is my business, I farm pepper, maize and yam,this business is wealth because every eat and for that matter people like maize, pepper, yam,so the demand is high.I really like farming because the goods are highly in demand and there is profit in it.you will never loose in farming. The cost depend on how large or small you want it to be,my cost is about 600 to 1000$ on one particular farm.what ever I spent my interest is 100% or even more especially the pepper.I use the profit to pay my accomodation, and home utility bills.the remaining profit is use to continue the business

Loan Proposal

Thanks very much to my lenders for funding my last loan,am on you again applying for another loan to buy tricycle locally known and called "motto King" it is used to carry goods,very easy and convenient to use.It is difficult to carry farm goods or products without a vehicle.It will help me to carry labourers to the farms too,this will help reduce my cost of renting vehicle to the farms.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$981.00

Date disbursed

Jan 9, 2018

Repayment status

Late

Projected term

25 months

Other loans

Sep 2016:  $101

Nov 2016:  $201

Mar 2017:  $542

Lenders

COOPITALIST

Toronto, Canada

Taata

Multia, Finland

dcorbetta

Carate Brianza, Italy

ads68

Melbourne, Australia

J

Joachim

Germany

Agerfar

Aarhus, Denmark

B

bscent

Hong Kong

W

Wade

United States

JA

Jared Anthony

CT, United States

Jeremy

Washington State, United States, United States

PM

Philipp Mehlhorn

Germany

Sandra

Böblingen, Germany

Emma

Australia

C

ChrisF

Germany

CR

Christine Randall

Brisbane, Australia

AR

Aaron Rowe

United Kingdom

Simon

Berlin, Germany

C P

Mazatlan, Mexico

C

Carlene

United States

JA

Jason and Sandra

Toronto, Canada

WS

Warren Shen

United States

JA

Joshua Axtell

United States

RA

Ritchie and Jie

Hong Kong

Paul Buchheit

Mountain View, United States

KN

Kevin N

Cleveland, Ohio, United States

CS

Carolyn Sandland

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

The Wheeler Family

United States

M

Mark

United States

Y

Yvonne

United Kingdom

AC

Andrew Coleman

United States

SC

Shane Coughlan

Takamatsu, Japan, Japan

Paul T Moore

Jacksonville, Fl, United States

J

JB

Germany

J

Jorrit

Eindhoven, Netherlands

R

Richard

United Kingdom

VG

Vinay Gopinath

Poland

Jim Murray

United States

TZ

Toni Ziliotto

Italy

Shervin

San Francisco, United States

SH

Stanley Hildebrand

United States

N

NickN

United States

E

Eva

Montreal, Canada

Ask Amindin 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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  • Emma    Apr 19, 2019

    How are you going Amindin?

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  • Amindin    Sep 22, 2018

    I am very sorry for the late payment due to a lot of challenges.My apologies to my lenders for the delay.
    I have a problem with my payment method and zidisha team is working no it.I will make payments as soon as the problem is resolve.

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  • Emma    Jul 15, 2018

    We still believe in you :-) You can do it... It doesn't matter if you're a little bit late. Just give everyone an update sometime soon so we know you're not a ghost :-) You'll be ok, you can do it...

    All the best, Emma from Australia.

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  • Amindin    Mar 3, 2018

    my tricycle

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  • Amindin    Mar 3, 2018

    I am proud of my lenders and zidisha team for making it possible for me to purchased my tricycle.Cost of renting transportation to farm to convey goods is now thing of the passed.Monies used to rent transport is now use to pay my children school fees and other bills.I am most grateful to my lenders and I promised to pay back as expected of me.

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  • Amindin    Mar 1, 2018

    As I promised lenders to buy tricycle to be able to convey

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  • Amindin    Feb 20, 2018

    I have travelled out of town

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  • dcorbetta    Feb 11, 2018

    Hi Amindin,
    I hope my little contribution could help you and your family

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  • Amindin    Jan 11, 2018

    I received $981.37,I will be buying tricycle as I promised,I will updates you pictures within this week.Thanks very much my lenders for making my dreams comes through.WITH ZIDISHA LIFE IS BEST!!!

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  • Amindin    Dec 30, 2017

    Thank you very much to all my lenders and zidisha team for fully funding my loan.I am most grateful for this interest free loan.I will work hard to make my lenders proud and will never disappoint you by his grace.
    This tricycle will help me by carry my farm products and even labourers to the farm,it also serves as a transportation system.
    MILLIONS THANKS TO MY LENDERS FOR FUNDING THIS LOAN

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  • Amindin    Dec 22, 2017

    My last loan I took to buy the irrigation water pump machine really help me alot,now am a proud owner which I use to do my farming business,it has help me to finance my children school fees and utility bills.I am proud of zidisha team and my noble lenders who put a smile on my face.I pray the good Lord will always support me to fulfilled my loan promised.LONG LIVE MY LENDERS, LONG LIVE ZIDISHA TEAM.

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  • Amindin    Dec 6, 2017

    It has been a while now I could not been able to update my lenders on my business progress because I was at a hard to reach area where there was no network too.Am very sorry for the late update,well business has been up and downs but I thank God and my leaders and zidisha team for making it possible for me to push harder to make both end meet.it is dry season in Ghana and I have started again my irrigation farming,very soon I will give pictures to update you.Thanks to zidisha team.
    God bless you lenders

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  • Amindin    Apr 30, 2017

    Business is not good this week that is why I have to reduce the instalment amount this week. Thank you.

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  • Amindin    Apr 16, 2017

    I made good sales during the week

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  • Amindin    Apr 2, 2017

    kindly permit me to reduce my installment in order to make payment

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  • Amindin    Mar 31, 2017

    Thank you very much lenders for given me the loan,I used my loan to purchased the irrigation water pump as I promised to do,now my pepper is surviving well, even though there is no rainfall. My yields has increase to 30% because the pepper get enough water, I really enjoy working in the farm when I know well that I will be earning much.My profit has really increase to 30 percent and am very happy now,my pepper would have died without the irrigation machine. I used my profit to care for my family and my child school fees.Am also saving part of the profit to increase the farm in the rainy season. I last holiday I enjoyed last month was yam festival which is celebrated every year. Almost all the community members and the neighborhood and all walks of life came to celebrate to festival. We dance,eat and play a lot of local games
    Thanks to Zidisha team and my lenders for given me the privilege to be part of you.

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  • Amindin    Mar 13, 2017

    Am really surprised and very happy, I never knew my third load would have fully funded by lenders.Thank you very much lenders for given me a flexible and interest free loan of $541.26 which disbursed to my account on 13th March 2017.God bless you aboundedly and I will never disappoint you.I will use the money to buy irrigation water pumping machine,very soon I will give you update with pictures
    Once again thank you very much, I shall remain faithful to all my lenders.
    Stay blessed

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  • Amindin    Mar 12, 2017

    I will use the loan to clear the land and expand my farm to harvest more this farming season and that will increase my profit margin. I thank my lenders very much and I promise to use the loan judiciously and pay back on time.

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  • Amindin    Mar 9, 2017

    I have fully paid off my second load,which I used it to transplant pepper on my new field. I have starting harvesting now and the market too is very good.I harvest every week at list once which has increased my profit margin to almost 100% weekly then before, because this season is dry where vegetables are really expensive. Now am saving the profit to help get a irrigation pumping machine to boost the vegetables for more harvast,the capital is used to continue with the labour intensive. I am most grateful to lenders for their support and all Zidisha team for the wonderful help.You really make me feel more hope for the future, God Richly bless you all.

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  • Amindin    Feb 19, 2017

    I have made sales this week on my pepper,which gave me much profit

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