Buying feeding troughs & cattle for my livestock farm
Solomon
Berekum, Ghana
100% repaid
Entrepreneur
Name
Solomon
Member since
September 2015
On-time repayments
68 installments • 56%
About Me
Kyere Frimpong Solomon is my name, A prominent 25 year old livestock (cattle production) farmer. I am from Berekum in the brong ahafo region and completed Berekum Senior High School in the year 2011 .l had a little start up capital to initiate e livestock production. The people in my area have been culturered in feeding on beef a lot than other meat products. They will also go into livestock production since it is profitable.kidding wth my livestocks
My Business
My business is located along Brenyekwa road opposite the Islamic Basic School. Business i will say is going on smoothly since i being the farmer have involved myself in the milking and selling of other cattle products such as hooves, lard and cheese. I started my business in the year 2011 right after completion of S.H.S. Due to the location of the farm i enjoy high demand since most people are within, thus easy access.I run my business with an income of around $250 out of which $90 is profit. But the problem now is the customers demand. I have now made up my mind to sell some of the bulls and the cows to purchase more different livestock from other countries to suite more customers. . Recently a customer asked, why don't i have enough pens or kraals to house the livestock and I told him about my money issues so he recommended this loan to me. He said it helped him with his fridge business. So am pleading to you to help me grow my business so that i can employ the youth in my community to participate in agriculture.Since agriculture is the is the backbone of every countries development. I will say a big thank you to the Zidisha team and I believe with your support I can achieve my dreams.The old loan l took helped me bought feeding and watering troughs and this new loan ll be used to help me fence my kraal or pen and also expand it.
Loan Proposal
Since i am a livestock farmer, my business is running down so i in need of this loan to buy some of the cattle, feeding troughs, plywood for fence,milking shed, milking can, pesticides,dipping structures and cutlasses in which all will sum up to about $150. I will also use some to buy food for my cattle. I have started to employ the youth in my community to help me with the milking and also feeding them since i want to expand my business. I expect to gain a profit of another $200 for which i will use some of that money to pay my school fees and also the loan i have taken from the zidisha team. I will be pleased if my lenders fund my account and disburse the requested money to me. Thanks again to the zidisha team.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 24, 2015
Repayment status
On Time
Projected term
8 months
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