Entrepreneur
Name
Tutu
Member since
April 2016
On-time repayments
96 installments • 58%
About Me
My name is tut stphen a mother of two - children aged 8 and 1 year old. I was born in the Berekum Brong Aafo Regoin, Ghana. I was born at kato in berekum village near . I was educated up to secondary level and then went to the city of Mombasa for college education.
While in kato, I did a course in hospitality and computerized secretary. I later got a job in a transport firm and I worked there until 2010 when I quit to start livestock farming. I decided to quit my formal employment to break the monotony of doing routine work day in out.
I am a hard working woman with a sharp focus of raising my kids well by providing them with quality education as well as securing their future.
My Business
I started livestock business some five years ago. I do this activity on my acre piece of land which I bought with my savings when I was employed. I started this activity since I realized there was a need to supply fresh milk to my neighbors who used to rely on processed milk which is expensive and treated with preserving chemicals.
I have managed to increase my herd of cows to 4 heads and they produce milk which fetch around 650GH per month. The monthly expenses go up to around $350 thus leaving me with a profit of 300GH. I use this money for my supporting my family.
Loan Proposal
A while ago, I started a small vegetable garden with an aim of supplementing my income from dairy cows. This has been a success since I harvest tomatoes twice a week and I am able to sell the produce immediately. I also started keeping chicken a few months ago but on a very small scale.
I now want to scale up my two projects. I will need about150GH to double the farming area and another 160GHto increase the number of chickens to 200 from the current 50. This cash injection will go a long way in improving my cash flow which will definitely mean better life for my family.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 5, 2016
Repayment status
On Time
Projected term
3 months
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