Entrepreneur
Name
Amadu
Member since
July 2015
On-time repayments
45 installments • 53%
About Me
My name is Nsiah Amadu who comes from kasapin in the Brong Ahafo Region of Ghana. I was born on 12th July,1978 at kasapin. Am black in complexion and my height is about 5 feet tall. I completed my junior secondary school education in 1994 and continue to Berekum secondary school in the year 1994 and finished in 1997. I further to Sunyani polytechnic to pursue Diploma in business studies accounting and completed in the year 2000. Am the second born of my parents and I have 3 siblings. I lost my father when I was 10 years and my mother also passed on when I was 15 years. Life was so difficult I had to go and leave with my uncle who took care of my education. After completing school I decided to go into farming since I was having the passion to become one of the best cocoa farmers in my area. My parent left me a farm land of about 30 acres. As am speaking now am able to cultivate 10 acres of the land into cocoa farm. I am married with 3 kids of whom 1 boy and 2 girls and they in school. Now it is my ambition to expand my farm but I do not have the facilities to do so that is why am seeking your financial assistance.
My Business
My farm is located in kasapin in the Brong Ahafo Region of Ghana. It is a 10 acre land of cocoa farm. Cocoa is a cash crop and it is very hot commodity in the market in terms of sales. Cocoa is use to produce variety of items example, chocolate, Milo, pomade and others. Now I want to expand my farm to include vegetables which will enable me to increase my income. And with the vegetables these food vendors need them for the preparation of their food . It is an income yielding venture.Prices of equipments, insecticides and fertilizer have increase thereby making it difficult for me to buy. This is a major challenge for me so I think if I get financial support it will enable me to increase my produce. Currently my yearly income is around 9000 GHS and my expense is about 7000 GHS. So am able to make a savings of about 2000 GHS at end of every year. I use this savings cater for wards school fees and other miscellaneous expenses.
Loan Proposal
The previous loan has really helped a lot. Now farm yields have increase as well as my income level. I will need about GHC1000 to farm inputs for my farm. Hope if am given this loan facility will further enhance my productivity and living standard
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$219.00
Date disbursed
Feb 24, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
San Francisco, United States
SOUTHBANK, Australia
Silver Spring, United States
Tulsa, United States
Canada
United States
United States
United States
Malaysia
Austria
United Kingdom
United States
United States
Costa Rica
Switzerland
United States
United States
United States
Canada
United States
United States
India
United States
Switzerland
United States
Germany
Summary
Amount repaid
$229.90
Amount remaining
$0.00
Date repaid
Sep 9, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 7, 2016 | $10.32 | Mar 7, 2016 | $10.32 |
| Mar 14, 2016 | $10.32 | Mar 7, 2016 | $10.32 |
| Mar 21, 2016 | $10.32 | Mar 14, 2016 | $10.32 |
| Mar 28, 2016 | $10.32 | Mar 22, 2016 | $10.32 |
| Apr 4, 2016 | $10.32 | Mar 29, 2016 | $10.32 |
| Apr 11, 2016 | $10.32 | Apr 5, 2016 | $10.32 |
| Apr 18, 2016 | $10.32 | Apr 13, 2016 | $10.32 |
| Apr 25, 2016 | $10.32 | Apr 18, 2016 | $10.32 |
| May 2, 2016 | $10.32 | Apr 30, 2016 | $10.32 |
| May 9, 2016 | $10.32 | Jun 6, 2016 | $10.32 |
| May 16, 2016 | $10.32 | Jun 6, 2016 | $10.32 |
| May 23, 2016 | $10.32 | Jun 12, 2016 | $10.32 |
| May 30, 2016 | $10.32 | Jun 20, 2016 | $10.32 |
| Jun 6, 2016 | $10.32 | Jul 8, 2016 | $10.32 |
| Jun 13, 2016 | $10.32 | Jul 8, 2016 | $10.32 |
| Jun 20, 2016 | $10.32 | Jul 29, 2016 | $10.32 |
| Jun 27, 2016 | $10.32 | Jul 29, 2016 | $10.32 |
| Jul 4, 2016 | $10.32 | Jul 31, 2016 | $10.32 |
| Jul 11, 2016 | $10.32 | Aug 1, 2016 | $10.32 |
| Jul 18, 2016 | $10.32 | Aug 26, 2016 | $10.32 |
| Jul 25, 2016 | $10.32 | Aug 26, 2016 | $5.16 |
| Sep 9, 2016 | $5.16 | ||
| Aug 1, 2016 | $10.32 | Sep 9, 2016 | $10.32 |
| Aug 8, 2016 | $2.84 | Sep 9, 2016 | $2.84 |
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