Entrepreneur
Name
Saidou
Member since
June 2015
On-time repayments
16 installments • 94%
About Me
I was born from a merchant father and a homemaker mother. When I was child, I loved animals. During the holidays, I took animals to graze every morning. Naturally, I got into the farming sector, one which occupies a prominent place in the Burkinabe economy. I started with a few chickens given by my parents and after some years I got into the business of cattle. I have a daughter and a mother that I take care of. I am passionate about sports, especially football.
My Business
I buy and sell cattle within and outside the country. The demand for meat is very important in Burkina Faso. Beyond Burkina demand, excess supplies of cattle are exported to Ghana, Ivory Coast, Nigeria, and many other countries. Therefore, this is a very promising segment of the Burkinabe economy. I buy four cattle per week at $ 200 per cattle and I resell them three weeks later to $ 250 per cattle. Part of the profit is reinvested, the other is saved, and another part is for my family expenses.
Loan Proposal
This loan will be used as working capital to increase the number of beefs bought and sold per month and so boost my activity. A beef costs about $200 and the selling price can reach $250. Without my expenses, the profit can be as high as $23 per beef. My profit grows by 5% each trimester.
About Me
I was born a merchant father and a homemaker mother. child I had a passion for animals that I took every morning to graze during the holidays. it's natural that I got into farming which occupies a prominent place in the Burkinabe economy. I started with a few chickens given by my parents and for some years I get into the business of bovins.j'ai a girl and a mother that I take in charge.je am passionate about sport and especially football
My Business
I buy and sell cattle within and outside the pays.la demand for meat is very important in Burkina Faso. Burkina beyond these cattle are exported to Ghana Ivory Coast Nigeria and many countries. so this is a very promising segment of the Burkinabe economy. I buy four cattle per week $ 200 beef and I resell them three weeks later to $ 250 beef. part of the profit is reinvested, the other is spared and another part for my family expenses
Loan Proposal
le prêt sera utilisé comme un fonds de roulement. ce prêt servira a augmenté le nombre de bœufs acheté et vendu par mois afin d'augmenté mon activité.un bœuf coûte environ 200 dollars et le prix de vente peut atteindre 250 dollars. déduction faite des dépense le bénéfice peut atteindre 23 dollars par bœufn profit s'accroitra d'environ 5% chaque trimestre
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 10, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Ask Saidou a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.