Increase my capital in my livestock business

Salihu Arimiyawu Sariki

Kumasi, Ghana

100% repaid

Entrepreneur

Name

Salihu Arimiyawu Sariki

Location

Kumasi, Ghana

On-time repayments

321 weekly installments  •  92%

About Me

I will be 35 in December; i am the only male and last born child in a family of six children. As an ordinary Ghanaian child, been brought up in Muslim dominated area and by Muslim parents, I grew to become a good practicing Muslim. I started my basic education in an English and Arabic basic school in my neighbourhood, where i had a good foundation in circular education as well as good moral and religious values.
During my secondary education, all though innocent i became a victim of a demonstration that was staged by the student body against teachers. I was wrongfully accused of been one of the leaders of the demonstration and was therefore suspended indefinitely. Living with a poor and illiterate family, i found myself in a very hard and difficult situation. But i was very determined to achieve success in life which i know the best way to succeed in life is to be educated. But my parent could not afford to pay for my education any longer after the mess i created. I realized that i can make some money if I commercialize my hobby which is photography. Thanks to God with determination i am now a graduate.
As stated earlier on, i started my own business as a photographer because i needed to raise some funds to carter for my education, praises to God i am now a professional photographer as well as a Bsc marketing holder . Also last year, i decided to diversify in to livestock rearing and selling and the business looks promising if i can raise enough capital.
I live in Aboabo, a neighborhood within Asokore Mampong Municipal Assembly in Kumasi. A densely populated area, the people are mostly Muslims. The two major festivals that are celebrated in the area are Eid-Adha & Eid Fitr festival.
I have been blessed with four children two males and two females, the first child Arimiyawu who is nine years old was named after my father, he is in class three and wants to become a doctor in future. Zaliya is the name of my second child and so far the most brilliant of them all. She wants to become a lawyer in future.
My grandfather was a professional photographer and I have had a camera in my hand for as long as I can remember. When I have finished a portrait session, wedding, or an event, I not wait to get home, load the images on my computer and see what I have captured. Then I love going into Photoshop to make them even better and presenting them to the client. It’s such a thrill and so gratifying when they love their images.

My Business

I am into livestock business where I buy, raise and sell sheep and cows for a profit.
It is a known fact that as long as humans exist, there will always be need for food and the two major sources of food for mankind are crops and animals. This lead to an increase in the demand for meat products in this world. As well, i found it very rewarding when i started the business. One of the major reasons why the demand for sheep and cow is very high especially in my community is that, apart from sources of food for mankind, the people of my area who are dominantly Muslims use sheep and cows for their naming ceremonies, sacrifices during Edi-Adah festivals and many other occasions like marriage celebrations, funeral celebrations e.t.c.
My choice for Sheep and cow breeding and selling as a business is because, it is very lucrative and a profitable venture, more especially if you raise a good number of them but to do that needs much or high capital. However, for an entrepreneur to succeed in such a venture, patience is required as well as understanding the cycles of your business.
Costs and revenue of my Sheep and cow Production business include;
1) Establishment Costs: These are those costs that are associated with the establishment of a new or transitioning operation. Examples of establishment costs include: Purchases of livestock, fencing costs, watering system e.t.c.
2) Variable Costs: These are those costs that change directly with an increase or decrease in flock size example feeding and medication.
3) Fixed Costs: Fixed costs or overhead costs do not change as a result of an increase or decrease in acreage. Examples of fixed costs include land taxes, rent and rates.
With the production of sheep and cow, the revenue or return is mainly from the sale of the livestock.

Loan Proposal

My intention once again is to invest this loan in to my business which has a positive potential for growth.
I am already an established live stock business man. I basically buy, raise and sell sheep and cows for profit.
An average size sheep will cost about GH450 and that of a cow is about GH1500.
As I mentioned in my last proposal, my line of business is very lucrative and profitable especially when it comes to festive seasons.
This amount GH3983 will increas my capital by 60% which will have a great significance in my business, with this increase in my capital, I projectrd to increase my earnings to about 50% to 55%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,028.15

Date disbursed

Aug 31, 2016

Repayment status

On Time

Projected term

32 months

Cost to entrepreneur

Service fee: 5% of $1,028.15 = $51.60

Lenders

J

jeffb

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M

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smonroe

Stanford, United States

C

CWS

Huntington beach, ca, United States

Q

Quomar

Żmigród, Poland

B

bgalon

London, United Kingdom

tiziano

Arezzo, Italy

A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

C

Christian

Saarbruecken, Germany

D

Delph007

Den Haag, Netherlands

Archie

Rochester, United States

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Candiac, Canada

P

Peter

München, Germany

J

JonnyPrice

San Francisco, United States

davelowe100

Perryville, United States

BrassHat

Boston, United States

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

D

DrFeelGOOD

San Jose, United States

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

D

drjofleming

UK, United Kingdom

COOPITALIST

Toronto, Canada

Johnny

shanghai, China

lietu

Tallinn, Estonia

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

N

norlaine

Rogers, MN, United States

Tilius

Oslo, Norway

A

Anonymous

United States

J

JBosshardt

Redmond, United States

Rocketdrive

Eugene, Oregon, United States

ErikN

Stockholm, Sweden

A

alender

Antwerp, Belgium

J

jozua

Delft, Netherlands

F

Fiodal

Helsinki, Finland

W

Withnail

Reading, United Kingdom

BoazField

Belleville, United States

Raoul72

Naarden, Netherlands

T

treyh

San Diego, CA, United States

Z

zako316

Chicago, United States

R

ryanalysis

Port Jefferson Station, United States

Scott

Oregon, United States

SC1991

West Jordan, United States

F

FHult

Stockholm, Sweden

H

Houdini314

Elwood, United States

R

rcmssr

Woodbury, United States

MichaelDean

San Jose, United States

A

anonymus

Moon, United States

C

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Renton, United States

R

Roman

Barcelona, Spain

Pere

Barcelona, Spain

johnandmoliehi

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MienDeGraeve

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T

ToddK

Indianapolis, IN, USA, United States

M

mogensh

København V, Denmark

J

JakeA

Wellington, New Zealand

D

DRSZ73

Portsmouth, United Kingdom

rodcul

Altea, Spain

C

cjmenchaca

Austin, United States

J

julie13

North Manchester, IN, United States

DaveinPerth

Perth, Australia

J

Jessica

Patagonia, Argentina

K

kingmark1

Calgary, Canada

T

theshots

Vancouver, Canada

E

EveleighT

Arlington, VA, United States

Jeff and Marcie

Portland, OR, United States

E

Elisa

Espoo, Finland

M

mrhanky1

melbourne, Australia

J

jjiffer

Seattle, United States

T

Timotte

WOLLONGONG, Australia

HansLindgren

St. Julians, Malta

C

CrazyCanuck

Nepean, Canada

J

JayJay

Cleveland, United States

H

hilde

seattle, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

T

tmsaddress

Orlando, Florida, United States

C

chrisherron

Chicago, United States

A

anonymous123

United States

H

hanh352

Homosassa, United States

indeh

London, United Kingdom

athomas

Chevy Chase, United States

SeeMeeFi

Ontario, Canada

Landei

Sandersdorf-Brehna, Germany

Quentin

Toronto, Canada

amovida

Central valley, ny, United States

W

wordelsue

MIDWEST, United States

G

glomardor

Leonardtown, United States

E

ebronken

Oslo, Norway

Cloudways

Malta, Malta

IA

Ismini and Jerry

Stamford, USA, United States

J

jzidi

Los Angeles, United States

WormaldTSG

Rydalmere, Australia

lorello

Vicopisano, Italy

L

loistf

Madrid, Spain

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

P

Prysdahl

Marshall, United States

P

Patrick5678

Beijing, China

S

SourceWebDesign

Nieuwegein, Netherlands

O

Orenius

Tacoma, United States

Alina

Amsterdam, Netherlands

Bhayl

Stavanger, Norway

C

CheapThrills

Liminka, Finland

Cadwah

Barcelona, Spain

skullyjo

Winnipeg, Canada

Andreas Kiss

Vienna, Austria, Austria

H

halisi

assenede, Belgium

E

erogers

Vancouver, Canada

Bruno

São Paulo, Brazil

ohlandtmann

Moorestown, United States

M

mkellerman

Shanghai, China

T

Tui1974

nuenen, Netherlands

basicus

Cairo, Egypt

JC

Jordi Cohen

New York, NY, United States

fairspirit

Utrecht, Netherlands

I

ianb723

ROCHESTER, United States

C

cardiff

Falls Church, United States

T

Taupe

Balzers, Liechtenstein

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Longhorn

Austin, United States

PulsoJewelry

Los Angeles, United States

greensheep

Jakarta, Indonesia

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

JFais

Atlanta, United States

mojobob

Hayward, United States

L

LenoMetus

Perth, Australia

JonB

London, United Kingdom

P

phoebius

Cambridge, United Kingdom

D

doublehelix

Philadelphia, United States

D

Dutch_lender

Leiderdorp, Netherlands

S

seikatsu

Palo Alto, CA, United States

GuillaumeTeissier

Montréal, Canada

L

Lolababalola

Ames, United States

dmirpuri

Bangkok, Thailand

G

Galbania

Toowoomba, Australia

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

kalidanthepalidan

Denver, United States

E

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Marin county, United States

P

pvranas

Boulder, United States

T

Tom01

LONDON, United Kingdom

C

Clben7

Cincinnati, United States

E

elourenco

Porto, Portugal

Evan Lamos

Brussels, Belgium

A

Armeij

Veendam, Netherlands

dlpringle

Denver, United States

M

mrjamesg

London, United Kingdom

G

GanSatya

United States

D

Dianatalk

Netherlands

M

martyb

United States

J

janakan

Hong Kong, Hong Kong

M

Malibu

Westwood, United States

John Makongo

Kitale, Kenya

H

HoseB

San Francisco, United States

D

drorm

United States

C

chrishol

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P

PietjeP

Eindhoven, Netherlands

M

misaheat

United States

J

Jonas

Linköping, Sweden

Justin

Connecticut, United States

G

geoff

United States

S

stevemorin

United States

A

adiipienaar

South Africa

S

spivurno

United States

M

meric

Australia

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

F

FSO

Canada

M

Michi

Switzerland

S

stuartxyz

Denver, Colorado, United States

J

jay12

Germany

P

plhughes

United States

A

abbasm

United States

K

karthich

Austin, United States

M

merk85

United States

Insomnus

Cheltenham, United Kingdom

S

sarah4d2

Saint Louis, United States

T

thenwhen

United States

smastermind

Jerusalem, Israel

J

jbhernan

United States

H

hodor

Australia

mepster

San Francisco, Ca, United States

J

jsbisa

New Orleans, Louisiana, United States

P

Panda6689

United States

TyWee

Manila, Philippines

L

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United States

B

bscent

Hong Kong

WiscoHorndog

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Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

A

Akowal

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Loungin

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S

sarahb

United States

K

Keith

Luxembourg

K

kennychit

United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

Otto Barten

Amsterdam, Netherlands

S

satheajay

United States

N

Nicolaas

Doha, Qatar

B

beegkitty

United States

NathanMoore

United States

M

M.Umar

Pakistan

C

Crainster

Chapel Hill, United States

H

happyhappy

Switzerland

P

PepsiMax

United Kingdom

I

ipartola

United States

S

Symoneous

Netherlands

Kyle Hoback

Jersey City, NJ, United States

alecors

Mexico, Mexico

A

andreab

United States

D

djlayton4

United States

Mike and Jacqui

United Kingdom

V

vasco27

Portugal

S

Stephan

Netherlands

JL

Joao Leal

United Kingdom

AP

Andrew Page

United Kingdom

TF

Timothy Fitz

United States

SK

Sebastian Krohn

Amsterdam, Netherlands

KM

Kirsty M

United Kingdom

John R

Ponte Vedra Beach, United States

S Masler

Tennessee, U.S.A., United States

E

Erich

Zurich, Switzerland

UN

Uwe Neumann

Frankfurt Germany, Denmark

M

Marcus86257

United States

Gab

Singapore

A

AER

Germany

Dave Bogard

New York, United States

AL

Amy Luo

United States

Torsten Schreiber

Frankfurt, Germany

JW

Jan Wisse

Brussels, Belgium

Elias

Ulm, Germany

Paul

Auckland, New Zealand

MW

Matt Willis

United States

T

Tarik

Ludwigshafen, Germany

W

Wade

United States

Dominik Wagner

Karlsruhe, Germany

Elly

Woudrichem, United Kingdom

jtreyes

United States

H

Hakon

Drammen, Norway

The Bayiates Family

Chicago, IL, United States

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

Julia

United States

KL

Kevin Law

United States

Kevin

San Francisco, United States

MI

Matt Insler

United States

TT

Ted Tomlinson

United States

JC

JD Conley

United States

M

Marc

Newcastle upon Tyne, United Kingdom

KD

Kent Don

United States

BS

Bruno Silva

United States

EB

Erica Brescia

United States

Lisa Hendry

Cheltenham, UK, United Kingdom

Mouhamed

United States

Paul

Seattle, United States

JD

Jeff DePree

United States

Oliver Hasenberg

Iserlohn, Germany

kristina

Dneprodzerginsk, Ukraine

George

Corvallis, Oregon, United States

F

Florian

Munich, Germany

CNV

United States

TH

tom hd

United Kingdom

AH

Adam Hill

United States

PM

Pedro Moreira

Braga, Portugal

Framework Eyewear

Utrecht, Netherlands

Justus

Switzerland

Chris OConnor

Atlanta, United States

Pedro R-C

Cambridge, United States

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

M

Mart

United Kingdom

PG

Paul Graham

United States

Mattie Shaw

Seattle, United States

P

patricio

Yorba Linda, Ca, United States

AH

ajay hampapur

United States

Kyle Holohan

United States

R

rzb

Germany

TF

Tom Fawcett

United States

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

AK

Achim Königs

Bonn, Germany

Eugen Stamm

Zurich, Switzerland

MK

Mic Ko

United Kingdom

AG

abel ghita

Bucharest, Romania, Italy

MT

Marco Tietz

United States

WS

william smith

United States

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

Derek Haney

New Orleans, United States

Y

YTSJ

London, United Kingdom

Sigrid

Belgium

TW

Tyler Wood

United States

Philip Schueler

Newbridge, Ireland, Ireland

metab

Estados Unidos, Hong Kong

K

Katka

St Albans, United Kingdom

EthicalHost

Toronto, Canada

KE

Karen Epolito

Syracuse, NY, United States

MF

Marissa Fiore

United States

DJ

David Jones

United Kingdom

V

Vidar

Oslo, Norway

PD

Provincial Desk Jock

Aberdeen, Scotland, United Kingdom

S

Stephanie

Zurich, Switzerland

P

Phips

Switzerland

LK

Leslie Kelly

United States

H

Huub

Switzerland

Iris

Ireland

I

isaac

United Kingdom

DK

Danny Kelly

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

B

Boris

Bern, Switzerland

MK

Michael K

United States

KT

Kate Turner

United States

Y

yoyo

Israel

SV

Salim Virji

United States

NM

Neil M

London, United Kingdom

BW

Betty Waweru

United States

DM

Dustin Maz

United States

T

Tom

Switzerland

GA

Giovanni and Yelena

New York, Ny, United States

Larissa

Germany

E

Elizabeth

United States

EW

Eli Weiss

United States

J

Jon

United States

K

Katharina

Germany, Germany

Craig Travis Provyn

Bradenton, Florida, United States

The Zinc Team

San Francisco, United States

MO

Mark Owens

United States

Humble Bundle Community

San Francisco, United States

JB

James Brooks

United Kingdom

JS

Jason Strauss

United States

Cora and Andi

Frankfurt, Germany

Day Family

Melbourne, Australia

Donald

United States

Gail

United States

BP

Bill Piper

United States

MB

Mimi Botkin

United States

D

Dalton

San Francisco, United States

P

Petra

Switzerland

Haroon S

United States

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

EC

Edward Conrads

San Francisco, United States

R

Rolf

Rotterdam, Netherlands

CY

Conan Yang

United States

Christian

Vienna, Austria

John Barnett

United States

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