Funds to support raising of new stock

Entrepreneur

About Me

My name is victor Ogundiran. Am excited joining this community. I reside in Ibadan. My farm is located at Akinyele local government Oyo state. I also operate a buying and selling point not far from the farm.

My Business

I produce dayold Turkey poults for sale every week. And I also sell mature table size broilers and Turkey. I also have a store not far from the farm where I sell farm produce like garri in bulk, yam flour also in bulk. I sell to retailers who go and resell.
I am a graduate B.Sc Agric university of Ibadan with specialisation in animal science. The main costs is the purchase of dayold chicks, purchase of feed and drugs. The revenue is from the sale of 4weeks old broilers a nd 6 weeks old Turkey and day old turkey poults.
The profit is used for children expenses in school and taking care of the home. while a part is also plowed back into the business.

Loan Proposal

If this loan is approved what I need it for is to help me fund the feeding of my new stock and vaccinations and drugs. Feeding and application of required drugs is usually a challenge when the financial support is not available when needed. This usually brings setbacks to projects.

Income Source

My products i. e. 4 weeks old broilers and cockrels are in demand because the price is quite affordable hence easily bought by people who raise them for consumption while some who can't go through the stress of brooding from dayold find it helpful. A 4 weeks old chick is sold for #600. So by the time I sell 10 I would have been able to get money to pay and left over for other things. Meanwhile I sell more than 10 in a week.

Feedback

Loan Info

Lenders