Adding more feed and drugs for my poultry

Anane

Berekum, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Anane

Member since

February 2015

On-time repayments

13 installments • 100%

About Me

My name Anane Yeboah. I am 28 years old. I am in a family of ten. My mother, father , myself and four siblings. Six ladies and four gentlemen.
I started schooling at Rapid preparatory School, continued at Sunyani secondary school, completed and continued at Berekum college of education and now a teacher at st .monica's JHS.
I am working under Ghana Education Service as a teacher and also in a sole proprietorship as farming. I developed an interest in farming when I was about to complete my college of education and doing my service. I started my own farming in 2011 with a capital of about $900 with two workers who are being paid monthly.

My Business

I started my poultry farm in the year 2011, with a based capital of about 900 dollars. I was able to raise a two apartment structure with a little over 450 birds. I entered into poultry farm due to my great passion for poultry farming. After a careful study of the market in Berekum, I realised that poultry and poultry products were of great demand and only few people had entered into poultry production.
I arranged with school which I supply eggs to. Today I have well of 3500 birds and a structure of five apartment. Am able to employ two assistance who help in the farm.
I look up to expanding my farm to employ other more people. I estimate about 4000 dollars for my expansion work.
REPAYMENT
I will be able to repay any loan offered me from the sale of my birds and eggs.

Loan Proposal

I will use the requested amount to buy poultry feeds for my birds. This will help me to buy store bags of maize which is now relatively economical in Ghana.
This will also help me to run my farm as well as the two assistance I have employed.
A bag of maize cost 30 dollars. I will buy bags to store and also use part of the money to buy drugs for the birds now that we are in the cold weather.
I will use part of the money to employ additional workers to assist me in the farm and pay them.
I hope if all this is done my profit will increase.