Buying woodfence and more feeds to fence and feed the cattle

Solomon

Berekum, Ghana

22% 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

I will use the Loan to buy wood, nets and also feeds.The wood would be used to fence the my kraal to prevent theft and predators from harming my livestocks. Since the the livestock eats a lot l need to raise more loan to be able to purchase them more feed to feed them for them to look strong and healthy for sale.
Items. Price
Wood. $120.00
Feeds. $30.00
I need $150.00 to help me get myself from theft and also serve them wth correct amount of feed to be served to them.
Others too in my community will also benefit by purchasing healthy livestock for their consumption
Also the persons dat l ll purchase the wood and feed from will also get income to do their business
I need abt 100 dollars as a profit to buy more cattle to expand my business and also benefit my people in my community.
Also l can do more to be able to employ many people in my community to work for money.
This loan will help me to be able to call more labourers to work and will be able to generate income to help build the community as well.
And all will be from your support and thank you.lm counting on your cooperation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.00

Date disbursed

Jul 16, 2016

Repayment status

Late

Projected term

117 months

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