Female sheep (ewe) for my livestock farm

Bismark Kombatt

Sunyani, Ghana

100% repaid

Entrepreneur

Name

Bismark Kombatt

Member since

July 2015

On-time repayments

298 installments  •  77%

About Me

My name is Bismark Kombat I am 27yrs of age, I come from Sunyani in the Brong Ahafo Region of Ghana, I am 6ft tall in height and 75 as in body weight, i have a pointed noise and a set of white teeth which make me confident when smiling, I have a brown eyes and a black hair.

I have seven siblings, my mother's name is Georgina Twumwaa and my father's name is Joseph Kombat. I completed junior high school and due to some reason, I couldn't continued my education to the high school level but later with help of my mum's junior sister I was enroll in a computer school to pursue a one year course in computer software and hardware and after completion I was lucky to meet a class mate of mine who then introduce me to lifestock rearing of sheep so first I started with four lamb's and one pregnant sheep and a male. In the beginning it wasn't easy but with the help of my family and the support of my neighbors who help my animals with cassava leafs and corn.
Thanks to them now I have ten sheep now and lambs.

Despite a life often falling short of my own true potential, I have always held on to the quote by the writer James Baldwin "The world is before you and you need to take it or leave it as it was when you came in" that always sounded like something I wanted to do so the moment my animals came in my life and the help of my friend and family I knew I had achieved it.

My Business

I am into livestock farming. Precisely sheep farming. I currently have 10 sheep and lambs. This has been my business for a couple of years now. Sheep rearing is lucrative in my locality. A mature sheep can fetch about $60.00 to $70.00. And there is ready market available for my livestock if they are matured to be sold. I wish to expand my livestock farm so that I can have a lot of stocks for the market in order to derive some income but due to lack of funds this dream has not fully materialised.

A careful cost analysis will reveal that, I spend about $20.00 - $30.00 on each lamb before it becomes fully grown.

Loan Proposal

I wish to expand my livestock farm with more sheep. The purchase of more Ewe will help my livestock farm breeding process. With the help of a loan from Zidisha I will be able to expand my livestock farm to a minimum of 50 sheep in one and a half years. One Ewe for rearing can cost $35.00 to $45.00. I currently have 10 in all. The ten new sheep will cost $350.00 - $450.00.

This expansion will also lead to the raising of a new structure (Pen). 

The loan will go a long way to increase my profit margin to not less than 100%. And I will be able to take care of myself and the business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$565.23

Date disbursed

Jul 5, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $13.93

Lenders

joerg

Berlin, Germany

Martin

Manama, Bahrain

A

anonymus

Moon, United States

T

Tallago3

Munich, Germany

Cordula

Cologne, Germany

MakeSense

-, St. Kitts and Nevis

MindMuse

Talking Rock, United States

B

BigLender

Austin, TX, United States

D

Divergent

Bethesda, United States

B

bileiro

Mandaluyong, Philippines

S

Sherry

Pittsburgh, United States

T

Taupe

Balzers, Liechtenstein

L

Leonora

TÄBY, Sweden

dlpringle

Denver, United States

T

thebonseung

Republic of Korea

G

GoughGirl

Washington, Dc, United States

Paul Buchheit

Mountain View, United States

F

FSO

Canada

B

bscent

Hong Kong

Loungin

United States

J

Joggele

Austria, Austria

TheGoodData

London, United Kingdom

SuperMario28

Cudahy, United States

AG

Alexandre Genereux

Gatineau, Canada

George

Corvallis, Oregon, United States

CNV

United States

PG

Paul Graham

United States

Douglas St Quintin

Sydney, Australia

Eugen Stamm

Zurich, Switzerland

MK

Mic Ko

United Kingdom

Stephan W

Witten, Germany

roark22

Geneva, Switzerland

MW

Mark Walmsley

Canberra, Australia

H

Heather

United States

AR

Aaron Rowe

United Kingdom

Andreas

Black Forest, Germany

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Shane Bugeja

Mankato, Minnesota, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

V

Vince

Wagga Wagga, Australia

Debbie Merritt

Zebulon, North Carolina, United States

EH

Elena H-S

United States

KR

Kathryn Roach

United States

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