200 baby fish for my fish farm

Francis

Berekum, Ghana

8% repaid

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How it Works

Entrepreneur

Name

Francis

Member since

February 2015

On-time repayments

45 installments • 42%

About Me

My name is Kusi Francis. I am 26 years of age. I completed school at berekum akab complex school, from there i went to Sunyani secondary school and had pass in all my subjects. Life became had and our house is also located near a river side where we used to harvest fish for food and some for sales. I was able raised some amount and went to university. After there i saw that the fish farming was better so i went in for some small loan of which i am managing with my fish farm. My area is water log and is good for fish farming

My Business

I deal in fish farming and i use some to feed my family and also sell some. Most people can not live without food and it served as food to so many people. It has also helped the people in my area to get meat right there. At first they use to travel long distance in search of meat. I choose this kind business because my place or area is very good in that business and that place was were i was brought up. If am given about $430 to invest, i can get $750 to $800 profit. The loan will also help me to expand my business and also employ more people and above all to support my children school fees,

Loan Proposal

I will use the loan to buy feeds=$280 , fingerling(baby fishes)=$100.
one baby fish cost $0.50, so 200 baby fish will cost $100.
I will be able to provide fish for my community and I will also earn profit to support my children education and to feed my family in general.
if i get this loan and invest it into my business, my profit will increase from 82% to about 95% to 100%.