Feed the birds

Augustus Asare

Tepa, Ghana

Funds disbursed

$0 to go

100% funded of $430 goal

0

days left

Entrepreneur

Name

Augustus Asare

Location

Tepa, Ghana

On-time repayments

10 weekly installments  •  80%

About Me

I am Augustus Asare a passinate and commited development worker who holders 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 chichen. Ghana is a developing country with so much potential especially in the agriculture sector but little financial support for the entreprenuers 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.

Project Proposal

Due to the rising cost of dried 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.

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Project Info

Project Type

Pay It Forward

Disbursed amount

$430.30

Date disbursed

Sep 20, 2021

Cost to entrepreneur

Service fee: 5% of $430.30 = $21.47

Backers

Sundstroms

Falun, Sweden

Karijn

Amsterdam, Netherlands

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

Asante Kofi Frank

Sunyani, Ghana

JH

Joseph Hwang

Houston, United States

DD

Dixie Davis

Kyle, United States

Yosef

United States

George Njuguna

Nairobi, Kenya

Uwumborgah Wisdom

Atebubu, Ghana

Florence Boateng

Santa Maria, Ghana

Faah Esther

Accra, Ghana, Ghana

Martha Boakye

Accra, Ghana

Hillary Okello

Kakamega, Kenya

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