Fashionable smocks, and cashew farm

Mohammed

Tepa, Ghana

100% repaid

Entrepreneur

Name

Mohammed

Member since

February 2021

On-time repayments

21 installments  •  52%

About Me

I am Mohammed Issifu a native of Techiman in the Bono East region of Ghana. I am a farmer and business man. I am into the cultivation of cashew and also the sales of traditional clothes such as Kente and smocks.

My Business

I owe eight acres of land at Krobo around Techiman of which five acres have been cultivated already. Out of the five acres, three is matured for harvest. I am also into the sales of traditional clothes such as Kente and smocks of which I take my supplies from the Northern and Ashanti region of Ghana. The initial setup capital was given to me by a brother who is a teacher.

Loan Proposal

If the proposed loan is given to me, part of the amount will be used to increase the smocks at stock and part will be used to hire labourers to harvest my cashew nuts.

Income Source

Should the smock business face any economic crises I will fall on the cashew farm to settle the loan. That is by using some of the income generated from sales of the cashew nuts to settle the loan due.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$107.00

Date disbursed

Mar 21, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Vratik Krocik

Prague, Czech Republic

MF

Makepeace-Boyle Family

New Brunswick, Canada

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  • Mohammed    Sep 4, 2021

    Dear lenders, am sorry I couldn't pay my past loan due at the right time. This is as results of drastical fall in demand for my goods.

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  • Mohammed    Jul 5, 2021

    Dear lenders, am sorry to change the current installment amount due to a fall in demand of my goods.
    The fall in demand is due to a fall in income of customers. This is because the sources of income is farming, of which they are not cultivating their crops.

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  • Mohammed    Jun 10, 2021

    I am much grateful for the loan granted to me. This amount will help me to increase my stock. May God bless you dear lenders.

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  • Mohammed    Jun 1, 2021

    Dear lenders am much grateful for your support towards my business, the amount loaned to me had a tremendous impact on business. I have able to increase my stock.

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  • Mohammed    Mar 21, 2021

    This loan will be added to my working capital in order to increase the inventories at stock. This will help me to increase the demand of my customers. Am much grateful for the loan given to me, may God continue to bless you.

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  • Makepeace-Boyle Family    Mar 16, 2021

    Dios es Uno - God is One

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  • Mohammed    Mar 16, 2021

    The loan I have just paid helped me a lot to increase my inventories by adding two more smocks at stock

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  • Mohammed    Mar 3, 2021

    Dear lenders am much grateful for your immense support towards my business. This loan will be used to increase my inventories at stock.

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  • Makepeace-Boyle Family    Mar 2, 2021

    Dios es Uno - God is One.

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  • Mohammed    Feb 11, 2021

    Am much grateful for the amount given to me. This amount will be added to my set up capital to acquire inventories. Am much grateful for your support.

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