To expand my business selling cocoa seeds

Akormedi

Accra, Ghana

100% repaid

Entrepreneur

Name

Akormedi

Member since

March 2021

On-time repayments

8 installments  •  63%

About Me

I am Akormedi Korshie a framer in the Volta region of Ghana and I work in Accra as a distributor of a cocoa. I was living in the village when I was born with my parents, they were framers and do not have money to take care of my education to the highest level but I was able to complete S.H.S when I was 20 years of age since my father die at that age I was not able to continue my education, so I decide to become a framer. From that time till today I have been farming and I have a large cocoa farm in my village. Through my hard work I have been able to invested in buying cocoa seeds from farmers and due to that I have relocate my self to Accra to do business.

My Business

I buy and sell cocoa seeds and I also run different businesses in Accra. I have a large cocoa farm in the village of which I also make money from its proceedings.

Loan Proposal

I want this loan to add to my capital to be able to buy more cocoa bags from farms and sell them to make profit. When I have the chance to get a higher loan it will help but I will try and pay off all my loans I will be taken for zidisha to help me qualify for higher loan to expend my business since my trust worthiness will motivate zidisha to give me more help.

Income Source

I can pay the loan since buying of cocoa seeds have less risk and ready market. In case of risks i will make payment from the money i will be making from my cocoa farm.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$62.00

Date disbursed

Mar 4, 2021

Repayment status

On Time

Projected term

1 week

Lenders

R

run426

DeBary, United States

I

Ian

United Kingdom

Paul Buchheit

Mountain View, United States

B

Bartl

United States

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  • Akormedi    Apr 2, 2021

    i have a family issues to address for that matter i went back to my home town to solve the issue and i was not able to work this week so when back i will make full payment when i start working.

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  • Akormedi    Mar 18, 2021

    I will use the loan to buy cocoa seed for sale and it will help me to buy more cocoa seed from customers and sell to make profit. Thanks to everyone for your help.

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  • Akormedi    Mar 16, 2021

    I have been able to make payment from the profit i make from my business this week. I use the loan to buy a bags of cocoa seed for sale and it help me to serve my customers for the week.

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  • Akormedi    Mar 9, 2021

    I received 410GHS and I added the loan to my capital to buy cocoa seeds. Thanks for your support.

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  • Akormedi    Mar 8, 2021

    i will buy cocoa seeds for sale and this will help me increase my profit.Thanks to all my lenders.

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  • Akormedi    Mar 4, 2021

    I will use the loan to beg cocoa seeds for sale. This loan will help me to increase my capital to help me buy more cocoa seeds for sale. Thanks to all my lenders for their support.

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