Buy feed and build a new structure for my animals

Yussif

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Yussif

Member since

June 2016

On-time repayments

81 installments  •  85%

About Me

Am YahAya Yussif a native Tanina, suburbs of Wa. I schooled Tanina primary and Junior secondary. I wrote BECE exams in 2003 ,by passing the exams, I was place in Wa senior senior High to do General Arts as a student . I left Wa secondary after writing my final exam in 2006.In 2009 I got the opportunity to study HND Entrepreneurship and Finance at kumasi polytechnic. How to put thing together to pay my admision requirements was one of very big chellenging I ever face. So part time job was the only option available to me if only I was interested in the school. Business creation was part of the programme. This makes me develop passion for animals.

My Business

Am in to animals farming, thus sheep rearing and it very profitable because of it numerous uses and benefits it has to society . this includes raditional retuals by the traditionalist and Muslims also uses it for their religious purpose .all this makes the business more profitable and encouraging to undertake.
I developed interest for animals as a child growing in a village where by taking animals for gracing was always your duty , so i admires working on my farm. Apart from the sheep's, I have also attached Rabbit rearing to the business. With the rabbit, it's need a lot of time and effort in order to cater for them well. Now there is ready market for the Rabbit, which am told cost between ghc 50 and ghc 60 per one depending on the size. fortunately for me all the three Doe I bought gave me a totally ( 18 )kids, Am so lucky to have such Does which has given me this wander full figure. I have added mobile money transfer to my work. At side the time consuming, financial is demanding. Because am no more in the village where animals are send to grace outside, in the cities the law does not allow it. in mean you have to confined them. this increases your cost feeding them. U buy your feeds all the time so this increases your production costs.

Loan Proposal

Am going to reconstruct my structure for my animals. Because the animals are given birth , i need to expand their sleeping place. Additional feeding bowls have to be acquired to meet their number. All this will cost me $ 200
Am planning to add a hand to the farm so that in my absence he can cater the animals. If am able to do all this things. My production will increase and my expected profit will also increase. I will buy their feeds as well and this will cost me $2 each day. My purchase will benefit suppliers which am going to buy from. Once i increase my production . Much profits will also be expected

Feedback

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  • Julie    Oct 2, 2018

    Yussif started off well, but was then hospitalized. No further payments or communication in months since then.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.00

Date disbursed

Sep 12, 2016

Repayment status

On Time

Projected term

4 months

Lenders

The Zinc Team

San Francisco, United States

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