A loan to buy 2 additional cattle for my livestock farm

Nicholas

Techiman B/a, Ghana

100% repaid

Entrepreneur

Name

Nicholas

Member since

October 2015

On-time repayments

134 installments  •  62%

About Me

I joined the Zidisha family in 2015 when I was 22 and still in school. Series of loan from the group has really helped me mostly in my education through the University as well as my business. My 1st and 2nd loan was geared towards my education. I then started a cattle rearing business with my 3rd loan from zidisha. I am currently an employed accounts officer in one of the biggest roofing companies in Ghana. I can also boast with more than 10 cattles from my animal farming business which is a part time work

My Business

My interest in animal farming at a tender age didn't die down as I made it a reality with the help of Zidisha. I started 3 calves in July 2017. As I speak, I have 16 cattles in my farm. I reserve some times from my busy work schedules to manage my farm. I wish to acquire additional cattle there by multiplying my livestock before December 2018. My only challenge is providing enough feed for them. Cattle rearing in Ghana is now profitable. A calf may be acquired for $150 and then later be sold for not less than $600 when they mature. That is about 400% increase in value. This has really boost my interest in taking this business to the next level.

Loan Proposal

I am requesting for another loan to buy enough feed for my existing cattle and to buy 2 additional calf. Good and rich feed help them to grow plumpy there by winning good prices from buyers. I have therefore decided to spend on providing feeds enrich with minerals for them to grow well. I will repay this loan from my salary as an accounts officer. I shall be a loyal borrower by making repayments on time. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$101.00

Date disbursed

May 18, 2018

Repayment status

On Time

Projected term

5 months

Lenders

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  • Nicholas    Aug 9, 2018

    It is the beginning of an academic year and Im to pay my two kid brothers tution fees in the high school. Thank you

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  • Nicholas    Apr 13, 2018

    I have been able to acquire 6 additional calves to my cattle rearing business with the loan giving me. It has really help in expanding my stock level. I can now boast with a total of 8 cattle in my farm. Im really grateful to you my lenders. God bless you

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  • Nicholas    Nov 10, 2017

    I am really grateful for funding my loan. I will as soon as possible by 3 calves with it. This I hope will help me generate enough revenue in the near future. Thank you my lenders.

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  • Nicholas    Oct 27, 2017

    I am so grateful to the Zidisha team and all my lenders for helping me achieve my dream of becoming a chartered accountant. with the loan given me, I am a step ahead of realizing this dream. I have completed my f8 and f9 papers successfully and this grant me access to my next 3 papers. thank you.

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  • Nicholas    Apr 6, 2017

    By God's grace my disbursement has successfully been made. I am much grateful to all my lenders and the Zidisha group. I want disappoint you in the repayment.

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  • Nicholas    Mar 29, 2017

    I am very grateful to you my lenders for giving me this money. I really thank you and may the Almighty bless you. I am will pay the fees with the money given me and start thorough studies for the exams. I promise to be an excellent borrower. thank you.

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  • Nicholas    Jan 19, 2017

    I have fully repaid my loan. God bless you all for the help and support.

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  • Robert    Jul 14, 2016

    Dear Nicholas, how are you? We have not received any repayments lately. Everything fine?

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  • Nicholas    Nov 9, 2015

    Thanks to those who have funded part of my loan. God bless you. please help me get this loan and I promise to be a good borrower by settling it in time.
    Thank you

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