Feed the birds

Augustus Asare

Tepa, Ghana

100% repaid

Entrepreneur

Name

Augustus Asare

Member since

May 2021

On-time repayments

33 installments  •  55%

About Me

I am Augustus Asare a passionate and committed development worker who holds a Bachelor of Arts degree in Information Studies and Sociology from the University of Ghana. I grew up loving poultry farming and i was so determined to start operating one but lacked the needed capital to start. So after school and a few years of working, I decided to start with the little savings i have made and today I happy doing what I dreamt of so many years ago with a farm of about 18000 birds capacity. I am currently married with a one year old son and he loves to be around the chicken. Ghana is a developing country with so much potential especially in the agriculture sector but little financial support for the entrepreneurs to start.

My Business

Unique Heritage Farm and Trading enterprise was born in 2017 in the Ahafo Ano North Municipality to produce and sell high quality hygienic commercial table eggs and chicken. The demand for eggs and chicken remain high in Ghana and a good area to invest in as there is return on investments. I decided to invest in the Poultry sector due mainly to my passion and love for chicken but also the returns on investment after the feasibility study i did before starting. Operating a Poultry farm with about 18000 laying birds requires some substantial operating capital for feeding the birds and also medications. In a month, i require about 60 tonnes of feed for the birds. We use about 20 bags of dried maize, 20 bags of soyabean meal, 20 bags of wheat bran and 10 bags of oyster shells per week. Profits from my operations is usually reinvested into the business to expand the facilities. We currently have a one ton feed mixer to prepare our own quality feed for the birds.

Loan Proposal

Due to the rising cost of maize, soya and wheat bran which I use to mix feed for my laying birds, I need this loan to help me purchase these items in bulk to help reduce transport cost. This loan will help increase my profit margin.

Income Source

Even though the Ghanaian poultry sector is faced with rising cost of feed items such as maize, soya bean meal and wheat bran, the demand for eggs is still very high as it is the cheapest source of protein so I hope to use the sales from my eggs to repay the loan.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$307.45

Date disbursed

Jun 22, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $11.02

Credit risk payment: $55.08

Lenders

Dipsius

London, United Kingdom

S

searthsong

Colorado Springs, United States

G

guenter

Bremen, Germany

A

ashtanga99

Newport, United States

J

JayJay

Cleveland, United States

Tavin

Ottawa, Canada

Sundstroms

Falun, Sweden

Karijn

Amsterdam, Netherlands

Jeremy

Washington State, United States, United States

P

Peter

Bratislava, Slovakia

M

mariamfula

United States

BS

Brandon S

United States

Ren

Minneapolis/StPaul, United States

H

Hans

Czech Republic

Shane Bugeja

Mankato, Minnesota, United States

JH

Joseph Hwang

Houston, United States

DM

Darin MacRae

United States

Daveycee

The Hague, Netherlands

S

SallyM

United States

E

EJOBIV

United States

Brian Thomson

Lyndoch, South Australia, Australia

Mark Wilco

Columbus, OH, United States

Jeanette

Fort Worth, Texas, United States

World Centric

Sonoma County, California, United States

TN

the noob

United Kingdom

ZC

Zach Corum

United States

L

Leo

United States

W Phil Ratcliff

Columbus, United States

DY

Dan Y

Scranton PA, United States

BS

Bri Sawyer

United States

Heather

United States

W

wisdom2080

Fullerton, United States

JR

James Redka

United States

NN

Nicholas Nsiah Addo

Redmond,OR, United States

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

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  • Augustus Asare    Jul 6, 2022

    Dear Partners and supporters, I am currently facing a disease outbreak (New Castle disease) at the farm which is affecting my daily production and sales. I would therefore wish to make changes to my repayment schedule for the coming weeks. I am really sorry for any inconvenience this may have caused. Thanks for your understing.

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  • Augustus Asare    Jun 27, 2022

    I wish to thank you all for your support and contributions towards my project and funding this new loan. Because of you support and contributions, I can purchase dried maize and Soyabean meal to Feed the birds and as a result increase our profit margin. Thanks once again

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  • Ishmael Acquaah    Jun 16, 2022

    Do well and grow your company

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  • Isaac Gyapong    Jun 15, 2022

    Good luck

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  • Augustus Asare    Jun 13, 2022

    I really appreciate the support and contribution towards my business. So far my journey with Zidisha has been very fruitful for my poultry business. Yesterday I picked my very first Eggs from the Plymouth rock birds i have been feeding your funds from this platform and it was a great feeling.

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  • Augustus Asare    May 15, 2022

    Thank you all for your continuous support and contributions. I received 2111 cedis and it supported me to purchase dried maize and Soyabean meal to help me Feed the Birds. Thanks once again for your help. #Zidishahelps

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  • Augustus Asare    May 11, 2022

    Whoooaw yet another loan fully funded. I can't say thank you enough for all who have been encouraging me and supporting my journey on this platform. I am hoping to use this loan to purchase dried maize and Soyabean meal to help me 'feed the birds' and increase my profit margin. From my Son and Daughter and the entire family thanks so much for the love and support.

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  • Oppong Maxwell    May 11, 2022

    Good wishes

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  • Augustus Asare    May 2, 2022

    Thanks to your contributions and support, the new birds and doing great and I was able to feed them without any challenge. This loan has helped me to purchase dried maize and Soyabean meal to help me continue to feed the birds. The birds are growing really fast and well all thanks to my supporters.

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  • Augustus Asare    Mar 21, 2022

    With your generous support and contributions towards my project, I was able to purchase Soya bean meal and wheat bran to prepare Feed for my birds and I am very appreciative of your support. Thank you all.

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  • Augustus Asare    Mar 18, 2022

    I would like to say a very big thanks to you guys for supporting me once again. I hope to purchase Soyabean meal and wheat bran to help me Feed the Birds. This project wouldn't have been possible without your contributions. Thanks again

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  • Augustus Asare    Mar 9, 2022

    I really appreciate your contributions and support for me and my business. Your contributions have really helped me stay in business and also take care of some personal issues over the period. I have now been able to procure new day old chicks currently in Brooding. Thanks to you all

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  • Augustus Asare    Nov 5, 2021

    Currently facing some family emergency and I have very hopeful to make all payments with this new schedule. I am sorry for any inconveniences caused by inability to pay on time.

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  • Augustus Asare    Sep 20, 2021

    A very special thank you to all lenders who contributed in funding my project. I have recieved my loan of 2456 cedis which I have used to purchase some soyabean meal and dried maize to help me "Feed the Birds". I know with this support I can continue to produce high quality nutritious eggs for my customers and increase my profit margin. I really appreciate all your support, encouragement and contributions. Cheers

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  • Augustus Asare    Sep 19, 2021

    Thanks to great lenders like you on this amazing platform my project is fully funded. I hope to purchase some dried maize and some soyabean meal to help me "Feed the Birds". I know with this support I can continue to produce high quality nutritious eggs for my customers and increase my profit margin by reducing my cost of feed. Thanks once again for all your support and contributions.

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  • Hillary Okello    Sep 18, 2021

    Glad to fund your project

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  • Dolfin Otieno    Sep 16, 2021

    Good luck brother.

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  • Johnson Mireku Jnr    Sep 8, 2021

    We move

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    • Augustus Asare    Sep 8, 2021

      Sure Bro. We are doing the best we can to make it in life. I really appreciate your support and Contributions. #WeMove

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  • Johnson Mireku Jnr    Sep 7, 2021

    Keep going bro

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  • Asante Kofi Frank    Sep 7, 2021

    keep on working hard bro

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