Expand and grow my poultry farm

Edna Ama Mensah

Takoradi. Western Region, Ghana

100% repaid

Entrepreneur

Name

Edna Ama Mensah

Location

On-time repayments

34 weekly installments  •  59%

About Me

My name is Edna Ama Mensah and I am 30 years old. I am the first of three children to Mr and Mrs Mensah. I hold a degree in Public health education from Catholic university college of Ghana, class of 2013. After national service I applied to a lot of jobs both private and government entities but to no avail. My dad got stroke in 2015, life became unbearable since he was the bread winner of the family. As the first child I had to search for something to do to assist my family especially my two siblings. The poultry farm has been in our family for a while, mum runned the poultry to support the family as well, but dad was the only investor. The poultry farm collapsed but I managed to revive it with some small savings, little by little I managed the farm.

My Business

MATPAT poultry farm is a sole proprietorship venture which is situated in the South-Western part of Anaji, a suburb of Takoradi, in the Western Region of Ghana. Our mission is to produce top quality eggs, chicken and meat, using cost effective methods to ensure competitiveness and affordability. The farm, a 16 plots land, located at a relatively secure area due to its proximity to the Anaji Police Station. There is access to electricity and good drinking water by means of a mechanized bore-hole. Before the pandemic hit us hard, making the farm understocked, the farm had a stock of about 2000 layers and 1500 broilers. The layers averagely produced fifty (50) eggs daily. We are currently left with 300 layers and 50 broilers. The layers averagely produce 7 crates of eggs daily. Our mission is to produce top quality eggs and chicken meat using cost effective methods to ensure competitiveness and affordability.
The large deficit in egg and chicken meat production and egg and chicken meat consumption in Western Region, with its associated problems has always been of great concern. It is mainly due to this concern that I decided to apply for funding which, if approved, will help in the gradual process to close this gap with the aim to make this region self-sufficient with regards to egg and chicken production. I would be much grateful if you can fund me with a large grant to restock, grow and expand my business. Program objectives include building the road to eliminating the need to import eggs and frozen chicken meat from other regions so as to meet demand in the medium to long term. Not only am I seeking for funds, I'm also looking for an investor who is interested in poultry farming and invest in my poultry farm.

Loan Proposal

There is shortage of chicken feed due to increase in price of maize, soyabean and wheatbran and unavailability of them in the country making the factories unable to produce much chicken feed. So I need this loan to buy chicken feed and store so that I don't run out of the feed.

Income Source

Even though sales isn't like how it used to be, people aren't really buying eggs and chicken but it isn't that bad. I will repay the loan from the sales I make

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$251.88

Date disbursed

Dec 27, 2020

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $11.77

Credit risk payment: $28.29

Lenders

W

winfried

Seoul, Republic of Korea

F

FHult

Stockholm, Sweden

Jason

Auckland, New Zealand

matt carroll

London, United Kingdom, United Kingdom

T

TZ

Singapore, Singapore

V

Vivek

Arlington, VA, United States

Urszula

United Kingdom

Henry

United States

BS

Brandon S

United States

Dan Brinkman

Lynden, WA, United States

Ren

Minneapolis/StPaul, United States

Shane Bugeja

Mankato, Minnesota, United States

Deirdre

Yorkshire, United Kingdom

EH

Elena H-S

United States

Lurch

United States

S

SallyM

United States

G

Georg

Germany

RS

Robin Spelbrink

Westerbroek, Netherlands

World Centric

Sonoma County, California, United States

Erin

Santa Barbara, United States

JA

Jody and John

Vancouver Island, Canada

B

Berend

Netherlands

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