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
The amount to be loaned to me will be used to increase my stock of smocks. And part of the amount will be used to hire labourers to work on the cashew farm.
Income Source
The amount has will be diversified into the smocks and the cashew farm so that if there is a lapse in one sector the other sector will be relied on to settle the loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$173.00
Date disbursed
Jun 11, 2021
Repayment status
Late
Projected term
3 months
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