More poultry and livestock feed to expand my small-scale farm

Yeboah

Wenchi, Ghana

100% repaid

Entrepreneur

Name

Yeboah

Member since

May 2016

On-time repayments

176 installments  •  35%

About Me

Life at childhood was very interesting. I had the chance to be educated as a child. As the saying goes, success is not achieved on a silver platter: I struggled and strived to survive after my junior high education. By God's grace, I managed to work hard and, with my determination, I have now entered a tertiary institution offering general nursing.

My Business

I am a student and at the same time a private business man. I am into small-scale farming. I deal with the rearing of animals (livestock). I now have about 250 poultry birds and am hoping to expand. I also rear pigs as well. I started with two (a male and a female) and now I have eight of them.

Rearing these animals has not been easy at all; feeding and managing it alone has not been easy. Being a student and taking care of this business at the same time is not easy, so I have employed someone to take care of this business for me and it all involves money. I incur a cost of about GHS 410 ($90 USD) every month.

I decided to engage in this business because it's very good and profitable. In my community, eggs are very costly, which leads me to get enough income from the eggs my poultry produce.

Loan Proposal

I will use the loan to purchase more poultry birds and invest in nutritious food for my poultry and pigs. In doing so, my animals may grow effectively and this may lead to better production from my business.

This is going to cost me about GHS. 1,200.00 ($261 USD), which means I have to add some amount to the money I will raise. If my business expands as expected, this will allow me to hire some people who can also earn a living through my business.

Show original English  

About Me

My name is Yeboah Richmond Kofi.I am an ordinaty looking man with a disticnt future. I am 24 years of age. I am from Awisa in the Brong Ahafo Region of Ghana. I am a student and a private business man. I am a student who had completed my diploma education and therefor wish to further my education.Life at childhood was superb. I had the opportunity to be educated as a young boy. As the saying goes, success is not achieved on a silver platter: I suffered to survive after my junior high education. By God's grace, I managed to work very hard and, with my ambitions, I entered a tertiary institution offering general nursing and i had completed successfully.

My Business

I am a diploma graduate and at the same time a business man. I am into small-scale farming. I deal with the rearing of birds. I now have about 186 poultry birds and am hoping to increase the size. I also rear goat as well. I started with two (a male and a female). I have six of them now.

Caring for these birds has been difficult, feeding alone is not easy. Being a student and taking care of this business at the same time is not easy. so I have employed someone to take care of this business for me. It involves sum of money. I incur a cost of about GHS 410 ($90 USD) every month.

In my area, eggs are very costly, which makes me to get enough income from the eggs my poultry produce.

Loan Proposal

I will use the loan to purchase more poultry birds and also invest the money in nutritious food for my poultry and the pigs also. In doing so, my animals may grow effectively and this may lead to a better produce from my business.
This is going to cost my about GHS. 1200.00. Which means, I have to add some amount to the money I will raise.
If my business expand as expected, this will enhance me to higher some people who can also earn a living through my business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$180.00

Date disbursed

Mar 23, 2017

Repayment status

On Time

Projected term

7 months

Lenders

T

Tmann

Los Angeles, United States

M

Mark

Melbourne, Australia

M

michaelangers

Toronto, Canada

P

Pavane

Kungsbacka, Sweden

sderickson

Berkeley, CA, United States

D

drorm

United States

B

benlenarts

Netherlands

Paul Buchheit

Mountain View, United States

Megan

United States

Grant Xavier Storer

Seattle, Wa, United States

kiwiyan

Wellington, New Zealand

M

me.iulian

Iasi, Romania

Urszula

United Kingdom

Carla

Amsterdam, Netherlands

PG

Paul Graham

United States

AK

Anita K

Maryland, United States

Sara R

Leuven, Belgium

BW

Betty Waweru

United States

KirstenAlana

Los Angeles, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

BP

Bill Piper

United States

FW

Fredrik Walløe

Oslo, United States

A

Anonymous

United States

KA

Khaled Asmri

Saudi Arabia

Paul Buchheit

Mountain View, United States

Maggie Rouse

Cheyenne, Wyoming, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

United States

Ask Yeboah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Yeboah    Feb 2, 2018

    My business is not moving on well

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  • Gifty    Nov 21, 2017

    Dear Lenders I have communicated with Yeboah Richmond. I have informed him to reduced his installment to the amount he is confortable to pay. He has understood to do that. Thank you.

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  • Yeboah    Nov 21, 2017

    I would like to thank my lenders for the money they sent into my account

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  • Yeboah    Oct 29, 2017

    I would like to use this opportunity to thank my lenders for helping me. I promise to use the money as expected. Thank you.

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  • Yeboah    Oct 20, 2017

    The loan has helped me alot in my education. I used the per IOUs loan to pay my fees and that has helped me get to where I am now. Thank you.

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  • Yeboah    Oct 12, 2017

    My business is growing

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  • Yeboah    May 18, 2017

    My business is not growing

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  • Yeboah    Mar 21, 2017

    thank you for offering me such an amount to pay my fees. Am much grarful.

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  • Yeboah    Feb 25, 2017

    please I have finished making my payment but instead of the percentage and the amount increasing, is not happening like that. The next installment amount is the same as I took previously.I would like to know why.

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  • Yeboah    Feb 22, 2017

    Because my business is growing

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  • Yeboah    Feb 11, 2017

    I would like to increase the amount because my business is booming.

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  • Yeboah    Dec 12, 2016

    I would like to reduce because my business is running down. I therefore wish to maintain my current percentage.

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  • Yeboah    Nov 11, 2016

    I would like to reduce the repayment schedule because my business is running down. Thank you.

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  • Yeboah    Nov 11, 2016

    it's been a very long time I appreciated the good work of my lender. However, I used the money to pay my school fees. For that matter, my education is moving on successfully. Thank you.

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  • Yeboah    Oct 29, 2016

    I would like to change my repayment schedule because my business is booming now. So I can get much money to pay my school fees. Thank you.

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  • Yeboah    Oct 28, 2016

    My learners, I would like to say very big thank you for the money you sent to me. I really appreciate what you did. I however, used the money to pay my school feels which I think if I had not gotten aim from you, I wouldn't have been where I am now. Due to the help I have been getting from you, I have been able to manage my business as well, In order to make the payment as possible. Also,my family is glade to see me at the level I am now. Thank you very much for your care.

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  • Yeboah    Oct 19, 2016

    please lenders, I have used the money to pay for my semester fees. Paying my fees on time has really helped me for not absenting myself from school. For now, my family is very exited for seeking help from you.

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  • Yeboah    Oct 15, 2016

    please lenders,thank you for granting me the loan. I will use the money to pay my semester fee.Thank you.

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  • Yeboah    Oct 15, 2016

    Thank you lenders for funding my loan.
    It really helped me.

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  • Yeboah    Sep 12, 2016

    I would like to adjust my repayment amount to Gh20.

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