Coop and chicks for poutry farming

Asiedu

Jinijini, Ghana

100% repaid

Entrepreneur

Name

Asiedu

Member since

August 2016

On-time repayments

57 installments  •  81%

About Me

As a child I told myself I will do something great for myself. This motivated me to take my studies very seriously. I studied very seriously and I was rewarded by topping the class at the end of every exams which was conducted at the end of the term. God being so good I passed my junior high exams and I was offered admission to persue Business at the Senior High school. Upon my going there, one woman who was preparing our file looked at my result and said: 'who offered you admission? We won't accept people like you here' . I also knew I had done well. Fortunatelly for me, there was a merit scholarship scheme for all students who will top the class. The burden then was on me. During the 2nd term examination which was also used to give the scholarship, I topped the class. I told myself that it is not someone who decide my future but myself. In our part of the world the condition is not favourable know matter how intelligent you are. So I said to myself why not start something small. So I started poutry. God has bless us with fertile land so most people engage in subsistance farming. I would wish my children will engage in any meaningful profession which is not criminal. I remember when I was in Junior high school we attended football match in sunyani the Regional capital and defeated our opponents. It was so amazing.

My Business

I engage in poutry farming in a small scale. It is very useful in the sense that some young girls come to buy some of the eggs, fry and sell them every evening for them to earn something. Also some food vendors come to buy some of the cock to prepare their meal. I am into this productive activity because I care for nature and the capital requirement is minimal. Expenses include purchasing nails and iron sheet to construct a pen, hiring a veterinary ooficer to inject them and feeding them. The revenue comes from the sale of eggs and the chicken itself. Since I dream of expanding it to produce in large scale, I reinvest all my profit.

Loan Proposal

I will buy one box of 3 inches nail at 12 dollars, 2 pieces of wire mesh at 8 dollars, 5 bags of poutry feed at 60 dollars, wood at 8 dollars, additional chicks for 25 dollars, carpenter 10 dollars and iron sheet 13 dollars. Since I will expand it I will get more of the birds consequently increase my profit margin.

Feedback

2

None

None

  • Margaret    Mar 16, 2018

    The loan was paid off in a timely manner!

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  • Margaret    Oct 24, 2017

    Stephen paid off his loan in a timely manner, I would gladly lend to him again and encourage others to do the same.

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    • Asiedu    Mar 13, 2018

      Dear Margaret I am very happy for the support and its now time i need you most to help fund my loan since I have almost completed my new poultry coop where i can house about 100 layers.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$136.00

Date disbursed

May 2, 2017

Repayment status

On Time

Projected term

5 months

Lenders

utdream

United States

S

Stephan

Netherlands

Janet Merrill Miller

The Mossy Pacific Northwest, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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