Michael
Nkoranza, Ghana
100% repaid
Name
Michael
Member since
May 2019
On-time repayments
117 installments • 57%
Michael Asumadu is my Name , From Nkoranza in the Brong Region .. I am 24 years old and I am entrepreneur.. I have 2 kids.. I am a hard working man. I was born in Nkukua Bouho in the Ashanti Region and schooled in Solid Foundation Experimental School where i completed my Junior high school and pursued my Senior high at Dwamena Akenten Senior high where i couldn't complete due to financial difficulties. I started working for people a sales person. I was able to manage to buy a plot of land and start building in 2013. Due to this experience i got from my building, Most friends were influenced in my hard work and needed my support to help them also buy a plot of land and start something , this where my passion for building starts and i gathered a team of Architect ,Mason and Civil engineer and that's when i started my Construction Firm "MicAlex Construction Solution.
MicAlex Construction Solution
Started 2018 last year and our aim is to help support every youth own their home and also closing unemployment rate by employing new skills to our work.
Michalex Centenary Agribusiness
Michalex Centenary Agribusiness which will soon be changed to Greenbelt Agricult Consult is a registered Agricultural business
headquartered in Ghana, is a start-up progressive agricultural company for purpose of producing quality commodities such as cash crops and livestock rearing for human consumption.
Objectives
• To be in 7-10 years among the top 5 producers of all farming produce in Ghana, West-Africa.
• 100% customer satisfaction, measured through repeated customers’ referrals and surveys.
• Increase sales substantially in the second full year of operation.
• Establish strategic relationships with our customers.
• Increase gross margins in the next five years.
• Reach the point of sustainable profitability
Mission
It is Michalex Centenary Agribusiness mission to become the leading producer of cash crops and livestock rearing in Nkoranza and Brong Ahafo Region as a whole and spanning to cover Ghana in general, and help build a vibrant community based food system.
Vision
Our vision is to become a beacon of hope for the nation through utilization of modern farming techniques to grow quality foods for all.
Michael Asumadu Foundation
The Michael Asumadu Foundation is a non-profit organisation which was established with the sole purpose of transforming young people’s minds and lives in the West Africa . The philosophy upon which the Foundation is built emphasizes enhancing Africa’s Education, Health and Wealth to enable Africans to assume responsible roles in the development of our nation.
Am going to purchase a long span roofing sheet for my Building project which is 75 percent done and in need of a quality roofing sheet to prevent any rain leakages in future
With this current economic situation in this Covid 19 times, if my loan is been approved i will use my Savings to pay off my loan if business goes down.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$268.00
Date disbursed
Aug 12, 2020
Repayment status
On Time
Projected term
8 weeks
Other loans
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Amount repaid
$269.00
Amount remaining
$0.00
Date repaid
Aug 19, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 21, 2020 | $22.46 | Aug 18, 2020 | $22.46 |
Aug 28, 2020 | $22.46 | Aug 18, 2020 | $22.46 |
Sep 4, 2020 | $22.46 | Aug 18, 2020 | $22.46 |
Sep 11, 2020 | $22.46 | Aug 18, 2020 | $22.46 |
Sep 18, 2020 | $22.46 | Aug 18, 2020 | $22.46 |
Sep 25, 2020 | $17.64 | Aug 18, 2020 | $17.64 |
Oct 2, 2020 | $92.82 | Aug 19, 2020 | $92.82 |
Oct 9, 2020 | $46.22 | Aug 19, 2020 | $46.22 |
Erik G Aug 6, 2020
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