Expansion and buying of poultry feeds

Gideon Owusu

Sunyani, Ghana

Funds disbursed

$0 to go

100% funded of $258 goal

0

days left

Entrepreneur

Name

Gideon Owusu

Member since

December 2020

On-time repayments

7 installments  •  43%

About Me

My identify is Gideon Owusu, a younger man of 26 years old. I hail from Abuakwa. I started my primary education in 2001 at Sepaase in the Ashanti region. admission to Kumasi Academy (KUMACA) in the same year to pursue Agricultural Science and completed as one of the best students in my class. I was fortunate to practice the experience I gained from Agricultural Science at Ofinso Ahenkro in the Ashanti vicinity where I used to be working as a farm labourer in my uncle’s farm. Knowing how I struggled financially in schooling agreed to give me two-thirds of the farm produce at the end of the farming season. I labored very hard knowing I may get a lot of money at the end of the farming season to enable me further my education. To my dismay, my uncle refused to give me my portion of the produce as agreed but persuaded me to work for yet another year even although I had admission to study Agricultural Engineering in Kwame Nkrumah University Of Science And Technology (KNUST) in 2015. I agreed and worked for him from 2015 to 2016 but to my utmost dismay, he again did not give me my portion. This made me angry and I left his farm and struggled from 2016 to 2017 and made some cash to begin my university education. Due to my hardworking, I was able to start school and also establish a poultry farm of which I have been living on until now on account that I do not have any aid from anybody. Currently I’m a final year student pursuing BSc. Actuarial Science in the University Of Energy And Natural Resources (UENR), Sunyani; the capital town of Bono region. It’s my innermost passion to orient communities in particular ladies and adolescence to turn out to be entrepreneurs so as to obtain financial freedom.

My Business

I'm a student and also a poultry farmer. I have been doing this work for the past three years now at Sunyani, the Bono region. I am keeping four distinct sorts of birds, they are; darkish Cornish, Island red, Croiler, Cookeries. I have about 60 birds from the listed fowl types. From the volume of birds listed, about 45 of them are layers, which provide me with about 3
crates of eggs everyday, consequently 21 crates in a week and 85 crates in a month. The profit I get from this business is partly used in increasing the enterprise and partly used in my education and other expenses. Presently there had been a high demand of the fowls product and for this reason I need assist to expand my business. My biggest goal is to expand my poultry farm to help me amass a lot of cash to orient communities in particular ladies and youth to become entrepreneurs and even assist them to establish their own individual businesses so as to eradicate poverty in the remote areas. But to reach this, I need support from the noble lenders of Zidisha to be capable to cope up with everything.
Considering the income I get daily, I would be capable to pay my loan on time to stand the chance to get more and larger loans. I hope you would consider my loan in the shortest possible time. Thank you and Happy New Year!

Loan Proposal

I will buy feeds and day old chicks with the loan amount when granted to me, since there has been and increase in the price of the poultry feeds, I therefore need some assistance in other to buy more of their feeds as has the climate change, for less maize it the market

Income Source

I will sell the product of the poultry, and I will used the profit made from the farm to pay back the loan

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$258.85

Date disbursed

Feb 2, 2021

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $9.37

Credit risk payment: $28.11

Optional expediting fee: $18.74

Lenders

Bobrm2k3

Charleston, United States

A

Anonymous

United States

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