More chicks for my poultry farm

Korang Prince Sebastian

Berekum, Ghana

100% repaid

Entrepreneur

Name

Korang Prince Sebastian

Member since

June 2020

On-time repayments

14 installments  •  50%

About Me

I am a young guy who is into animal production. I started with 190 birds, but with effort and support from friends I have been able to increase it 500 birds now. I want to expand the business by doing new pen and buy more bird so I can employ others. I have the land but left with the money to acquire the materials for the pen. I wish my dream will come through with the help I will get from here.

My Business

I have layers(birds) in my pen now.they have started laying eggs.I will sell the eggs to settle the loan

Loan Proposal

I initially requested loan for day old chicks to fill my newly constructed pen.but I still need more funds before I can do that.due to this pandemic,they have increase the cost of the day old chicks.

Income Source

It is very clear that this pandemic has really affected businesses in this our recent time.I have manage to have at least 300 poultry birds which have started laying eggs.I will use the sale if the eggs to settle the loan.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$147.59

Date disbursed

Jul 27, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $10.00

Credit risk payment: $8.99

Lenders

JH

Joseph Hwang

Houston, United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

Babbitt Family Foundation

Sioux Falls, SD, United States

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Summary

Amount repaid

$147.59

Amount remaining

$0.00

Date repaid

Jul 30, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 9, 2020 $73.89 Jul 30, 2020 $73.89
Aug 16, 2020 $73.70 Jul 30, 2020 $73.70

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