Farming

Tutu

Berekum, Ghana

100% repaid

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.

Feedback

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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

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$209.71

Amount remaining

$0.00

Date repaid

Aug 16, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 14, 2016 $2.68 May 14, 2016 $2.68
May 21, 2016 $1.34 May 21, 2016 $1.34
May 28, 2016 $1.34 May 21, 2016 $1.34
Jun 4, 2016 $1.34 Jun 5, 2016 $1.34
Jun 11, 2016 $1.34 Jun 11, 2016 $1.34
Jun 18, 2016 $1.34 Jun 11, 2016 $1.34
Jun 25, 2016 $1.34 Jun 25, 2016 $1.34
Jul 2, 2016 $1.34 Jul 3, 2016 $1.34
Jul 9, 2016 $0.54 Jul 9, 2016 $0.54
Jul 16, 2016 $0.27 Jul 16, 2016 $0.27
Jul 23, 2016 $34.86 Jul 24, 2016 $34.86
Jul 30, 2016 $5.36 Jul 30, 2016 $5.36
Aug 6, 2016 $52.29 Aug 7, 2016 $52.29
Aug 13, 2016 $52.29 Aug 13, 2016 $52.29
Aug 20, 2016 $52.03 Aug 16, 2016 $52.03
Aug 27, 2016 $0.00

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