Salihu
Kumasi, Ghana
100% repaid
Name
Salihu
Member since
July 2015
On-time repayments
356 installments • 85%
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.
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.
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%.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,028.00
Date disbursed
Aug 31, 2016
Repayment status
On Time
Projected term
32 months
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Amount repaid
$1,079.49
Amount remaining
$0.00
Date repaid
Nov 17, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 11, 2016 | $25.80 | Sep 11, 2016 | $25.80 |
Sep 18, 2016 | $25.80 | Sep 18, 2016 | $25.80 |
Sep 25, 2016 | $25.80 | Sep 26, 2016 | $25.80 |
Oct 2, 2016 | $25.80 | Oct 3, 2016 | $25.80 |
Oct 9, 2016 | $25.80 | Oct 10, 2016 | $25.80 |
Oct 16, 2016 | $12.90 | Oct 17, 2016 | $12.90 |
Oct 23, 2016 | $12.90 | Oct 25, 2016 | $12.90 |
Oct 30, 2016 | $12.90 | Nov 3, 2016 | $12.90 |
Nov 6, 2016 | $12.90 | Nov 9, 2016 | $12.90 |
Nov 13, 2016 | $5.16 | Nov 15, 2016 | $5.16 |
Nov 20, 2016 | $5.16 | Nov 22, 2016 | $5.16 |
Nov 27, 2016 | $5.16 | Nov 28, 2016 | $5.16 |
Dec 4, 2016 | $5.16 | Dec 6, 2016 | $5.16 |
Dec 11, 2016 | $5.16 | Dec 12, 2016 | $5.16 |
Dec 18, 2016 | $5.16 | Dec 21, 2016 | $5.16 |
Dec 25, 2016 | $5.16 | Dec 27, 2016 | $5.16 |
Jan 1, 2017 | $5.16 | Jan 4, 2017 | $5.16 |
Jan 8, 2017 | $5.16 | Jan 10, 2017 | $5.16 |
Jan 15, 2017 | $5.16 | Jan 18, 2017 | $5.16 |
Jan 22, 2017 | $5.16 | Jan 28, 2017 | $5.16 |
Jan 29, 2017 | $5.16 | Feb 2, 2017 | $5.16 |
Feb 5, 2017 | $5.16 | Feb 11, 2017 | $5.16 |
Feb 12, 2017 | $5.16 | Feb 13, 2017 | $5.16 |
Feb 19, 2017 | $5.16 | Feb 20, 2017 | $5.16 |
Feb 26, 2017 | $5.16 | Mar 5, 2017 | $5.16 |
Mar 5, 2017 | $5.16 | Mar 10, 2017 | $5.16 |
Mar 12, 2017 | $5.16 | Mar 12, 2017 | $5.16 |
Mar 19, 2017 | $5.16 | Mar 22, 2017 | $5.16 |
Mar 26, 2017 | $5.16 | Mar 29, 2017 | $5.16 |
Apr 2, 2017 | $5.16 | Apr 3, 2017 | $5.16 |
Apr 9, 2017 | $5.16 | Apr 9, 2017 | $5.16 |
Apr 16, 2017 | $5.16 | Apr 16, 2017 | $5.16 |
Apr 23, 2017 | $5.16 | Apr 23, 2017 | $5.16 |
Apr 30, 2017 | $7.74 | May 5, 2017 | $7.74 |
May 7, 2017 | $7.74 | May 9, 2017 | $7.74 |
May 14, 2017 | $12.90 | May 14, 2017 | $12.90 |
May 21, 2017 | $12.90 | May 22, 2017 | $12.90 |
May 28, 2017 | $12.90 | Jun 4, 2017 | $12.90 |
Jun 4, 2017 | $12.90 | Jun 4, 2017 | $12.90 |
Jun 11, 2017 | $12.90 | Jun 11, 2017 | $12.90 |
Jun 18, 2017 | $12.90 | Jun 18, 2017 | $12.90 |
Jun 25, 2017 | $12.90 | Jun 29, 2017 | $12.90 |
Jul 2, 2017 | $12.90 | Jul 4, 2017 | $12.90 |
Jul 9, 2017 | $12.90 | Jul 10, 2017 | $12.90 |
Jul 16, 2017 | $12.90 | Jul 21, 2017 | $12.90 |
Jul 23, 2017 | $12.90 | Jul 25, 2017 | $12.90 |
Jul 30, 2017 | $12.90 | Aug 3, 2017 | $12.90 |
Aug 6, 2017 | $12.90 | Aug 11, 2017 | $12.90 |
Aug 13, 2017 | $12.90 | Aug 20, 2017 | $12.90 |
Aug 20, 2017 | $12.90 | Aug 27, 2017 | $12.90 |
Aug 27, 2017 | $12.90 | Sep 2, 2017 | $12.90 |
Sep 3, 2017 | $12.90 | Sep 4, 2017 | $12.90 |
Sep 10, 2017 | $12.90 | Sep 12, 2017 | $12.90 |
Sep 17, 2017 | $12.90 | Sep 26, 2017 | $12.90 |
Sep 24, 2017 | $12.90 | Oct 3, 2017 | $12.90 |
Oct 1, 2017 | $12.90 | Oct 12, 2017 | $12.90 |
Oct 8, 2017 | $12.90 | Oct 15, 2017 | $12.90 |
Oct 15, 2017 | $12.90 | Nov 2, 2017 | $12.90 |
Oct 22, 2017 | $12.90 | Nov 2, 2017 | $12.90 |
Oct 29, 2017 | $12.90 | Nov 11, 2017 | $12.90 |
Nov 5, 2017 | $12.90 | Nov 18, 2017 | $12.90 |
Nov 12, 2017 | $12.90 | Dec 14, 2017 | $12.90 |
Nov 19, 2017 | $12.90 | Dec 14, 2017 | $12.90 |
Nov 26, 2017 | $12.90 | Dec 22, 2017 | $12.90 |
Dec 3, 2017 | $12.90 | Dec 22, 2017 | $12.90 |
Dec 10, 2017 | $0.00 | ||
Dec 17, 2017 | $0.00 | ||
Dec 24, 2017 | $0.00 | ||
Dec 31, 2017 | $0.00 | ||
Jan 7, 2018 | $5.16 | Jan 9, 2018 | $5.16 |
Jan 14, 2018 | $5.16 | Jan 9, 2018 | $5.16 |
Jan 21, 2018 | $5.16 | Jan 30, 2018 | $5.16 |
Jan 28, 2018 | $5.16 | Jan 30, 2018 | $5.16 |
Feb 4, 2018 | $5.16 | Feb 19, 2018 | $5.16 |
Feb 11, 2018 | $5.16 | Feb 19, 2018 | $5.16 |
Feb 18, 2018 | $5.16 | Feb 19, 2018 | $5.16 |
Feb 25, 2018 | $5.16 | Feb 27, 2018 | $5.16 |
Mar 4, 2018 | $5.16 | Feb 27, 2018 | $5.16 |
Mar 11, 2018 | $5.16 | Mar 5, 2018 | $5.16 |
Mar 18, 2018 | $5.16 | Mar 5, 2018 | $5.16 |
Mar 25, 2018 | $5.16 | Mar 18, 2018 | $5.16 |
Apr 1, 2018 | $5.16 | Mar 18, 2018 | $5.16 |
Apr 8, 2018 | $5.16 | Mar 18, 2018 | $5.16 |
Apr 15, 2018 | $5.16 | Mar 25, 2018 | $5.16 |
Apr 22, 2018 | $5.16 | Mar 25, 2018 | $5.16 |
Apr 29, 2018 | $5.16 | Mar 25, 2018 | $5.16 |
May 6, 2018 | $5.16 | Apr 2, 2018 | $5.16 |
May 13, 2018 | $5.16 | Apr 2, 2018 | $5.16 |
May 20, 2018 | $5.16 | Apr 2, 2018 | $5.16 |
May 27, 2018 | $5.16 | Apr 9, 2018 | $5.16 |
Jun 3, 2018 | $5.16 | Apr 9, 2018 | $5.16 |
Jun 10, 2018 | $5.16 | Apr 9, 2018 | $5.16 |
Jun 17, 2018 | $5.16 | Apr 15, 2018 | $5.16 |
Jun 24, 2018 | $5.16 | Apr 15, 2018 | $5.16 |
Jul 1, 2018 | $25.80 | Apr 24, 2018 | $25.80 |
Jul 8, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Jul 15, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Jul 22, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Jul 29, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Aug 5, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Aug 12, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Aug 19, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Aug 26, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Sep 2, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Sep 9, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Sep 16, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Sep 23, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Sep 30, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Oct 7, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Oct 14, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Oct 21, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Oct 28, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Nov 4, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Nov 11, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Nov 18, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Nov 25, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Dec 2, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Dec 9, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Dec 16, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Dec 23, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Dec 30, 2018 | $5.16 | Apr 24, 2018 | $5.16 |
Jan 6, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Jan 13, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Jan 20, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Jan 27, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Feb 3, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Feb 10, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Feb 17, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Feb 24, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Mar 3, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Mar 10, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Mar 17, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Mar 24, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Mar 31, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Apr 7, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Apr 14, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Apr 21, 2019 | $5.16 | Apr 24, 2018 | $5.16 |
Apr 28, 2019 | $1.03 | Apr 24, 2018 | $1.03 |
guenter Dec 31, 2018
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