Expansion of poultry farm

Alex Ubogu

Abakaliki, Nigeria

100% repaid



Alex Ubogu


Abakaliki, Nigeria

On-time repayments

34 weekly installments  •  41%

About Me

Hello dear, I am a pottery farmer, I started with 200 birds eight years ago but progressively I'm now managing about 2000 bird, with three worker
in my pay roll , The business had helped me in so many ways, apart from taking care of my family. I have a banana plantation,A cosmetic shop for my wife, the plot of land I wish to establish if receive this loan, my house project in my home is also in progress all by the help of this farm & I pay my workers adequately. I need this loan for expansion & to also create more employment. I will be glad if you did & God will bless you. Thanks.

My Business

I love my pottery business because it's profit oriented, if I get the loan, by the end of three months I hope to managing up to 4000, and lm going to be a major distributor of eggs and different kinds of birds. I will use the money to develop the plot i just bought as follows: machine that will clear the site #30000. Blocks & cement#50000. Zinc 60000. Wood & nails 60000. Workers#80000. Water 40000. Feeds#50000. Electricity #70000. Total#44000 After building the new site, I can raise funds from the old site to purchase chicks to the new site and by six months period I will be sure to purchase a vehicle that will aid in supplying eggs & bird, and creat more employment.

Loan Proposal

Buying feeds for my birds & clearing my banana plantation,if increased be used for the expansion plus development of new pottery site .

Income Source

My banana plantation will go a long way in providing fund in case of any emergency. The farm is being harvested twice every month.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Jun 22, 2020

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $7.03

Credit risk payment: $7.03

Optional expediting fee: $7.03



Auckland, New Zealand

Black and White Zebra

Vancouver, Canada

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