Fish farming and livestock farming

Alex

Abakaliki, Nigeria

100% repaid

Entrepreneur

Name

Alex

Member since

January 2019

On-time repayments

35 installments  •  43%

About Me

Hello dear, I am a pottery farmer, I started with 200 birds eight years ago but progressively I'm now managing about 2000 bird, with three worker
in my pay roll , The business had helped me in so many ways, apart from taking care of my family. I have a banana plantation,A cosmetic shop for my wife, the plot of land I wish to establish if receive this loan, my house project in my home is also in progress all by the help of this farm & I pay my workers adequately. I need this loan for expansion & to also create more employment. I will be glad if you did & God will bless you. Thanks.

My Business

I love my pottery business because it's profit oriented, if I get the loan, by the end of three months I hope to managing up to 4000, and lm going to be a major distributor of eggs and different kinds of birds. I will use the money to develop the plot i just bought as follows: machine that will clear the site #30000. Blocks & cement#50000. Zinc 60000. Wood & nails 60000. Workers#80000. Water 40000. Feeds#50000. Electricity #70000. Total#44000 After building the new site, I can raise funds from the old site to purchase chicks to the new site and by six months period I will be sure to purchase a vehicle that will aid in supplying eggs & bird, and creat more employment.

Loan Proposal

Extension of land =$145
Buying of Feeds for birds =$75
Buying of feeds for Fishes =$60
Digging of Borehole =$286
Buying of Materials (eg. wood, blocks, zink ect)= $145

It will help me to enlarge my farm and create employment for others.

my profit for a week will not be less than $171 per week.

Income Source

I have banana plantation that l do harvest twice a month. That can help repaying d loan, my problem is for u to increase d amount to enable me meet up in my business. Thanks

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

May 12, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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

Loading...

Loading...

Loading...