Upgrading my poultry farm

Olanrewaju

Lagos, Nigeria

Funds disbursed

$0 to go

100% funded of $121 goal

0

days left

Entrepreneur

Name

Olanrewaju

Member since

October 2019

On-time repayments

46 installments  •  35%

About Me

My name is olanrewaju omojola,i was born and brought up in ibadan.i was graduated from polytechnic ibadan.I live in lagos and i started my poultry farming in year 2012 but today am doing better.

My Business

I'm into poultry business and i supply eggs and fowls to some vendors who sale fowls and eggs.Poutry farming is a profitable and mostly reliable business than crop farming which is always threatened by rain pattern.I started my poultry business with #280,000 today i make a profit of #100,000 montly.

Loan Proposal

I need a load to buy some equipment to my farm and to make the job be easier to do,i want to buy Hatchery Equipment,Egg Handling Equipment and Feeding Equipment.

Income Source

My plans now is that if i get all this equipment,my business will grow and we are now in season of sale by December.I make money from supply eggs to my customer ,in a day i make like #15,000 to #30,000 and i will make sure that i save #5,000 in a day .By the ending of the week to pay back my loan i will have something like #30,000 and to pay back my loan will be easier for me

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$121.00

Date disbursed

Nov 29, 2020

Repayment status

Late

Projected term

2 months

Lenders

Cloudways

Malta, Malta

Edwin Torres

Santa Ana, Calif., United States

E

Eric

Pittsburgh, United States

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