Increasing working capital

George

Agona Swedru, Ghana

100% repaid

Entrepreneur

Name

George

Member since

May 2017

On-time repayments

250 installments  •  85%

About Me

My name is George Zephaniah Offei; a native of Agona Swedru in the Central Region of Ghana. I was born and bred in Agona Swedru, Ghana and still lives at Agona Swedru. I am married with two (2) children.

Gentleman of thirty-six (36) years of age who holds a Bachelor of Business Administration in Accounting from Pan African University Collage, Winneba – Ghana, I aim at building a good family and growing my own business.

I am currently the CEO of Gezant Farms Ltd. I used to work with a financial institution by name Nationwide Micro Finance Ltd as branch Operations Officer. Its operations came to an end in 31/05/2019 as a result of banking crisis in my country (Ghana). In addition, I have a joint private printing press business by name Data Publicity Co. Ltd, located at Agona Swedru.

My Business

I currently own two (2) businesses; Data Publicity and Gezant Farms.

DATE PUBLICITY
Data Publicity was established in the year 2011 after completion of my tertiary education in the year 2010 with a start-up capital of Two Thousand Ghana Cedis (GH¢2,000.00) through personal savings from my national services. It is a joint business and it is own by my junior brother (Patrick Quaye) and I with an equal capital contribution.

Data Publicity is a printing press business located at Agona Swedru in the Central Region of Ghana. Services offered include sticker printing, flexy banners printing, T-Shirt printing, graphic designing, photocopies, printing of invitation cards, etc.

We currently have a large customer base due to the good interpersonal relationship that I have and still hoping to expand my customer base.

Data Publicity is currently operating with three other staffs with my junior brother (Patrick Quaye) being the General Manager.


GEZANT FARMS
Gezant Farms is a Ghanaian owned business which started its operations on March 1, 2018, with the vision of feeding generations with quality and affordable foods. It was later registered on December 21, 2018, with poultry farming being its main business. It is situated at Agona Swedru in the central region of Ghana and operates within the borders of the country; Ghana. It is a joint business own by my wife (Antoinette Offei) and I; with me being the majority shareholder.

Gezant Farms is currently into Quail Farming with over 1,500 birds. One of its main products is QUAIL EGGS from birds known as Quails. Quail eggs, according to scientific research, are the best source of vitamins for human health. Research has also proven that quail eggs contain 13% protein and it is greater than the protein in chicken eggs which only contain 11%. Quail eggs also contain other nutrients such as Vitamin E, Vitamin B2, Zinc, Iron and other beneficial nutrients. Even though quail eggs are small in size, their dietary worth is three to four times more than chicken eggs and are filled with nutrients and minerals. Daily consumption of quail eggs helps fight many diseases and supports the human immune system.

Quail Eggs business has become lucrative in Ghana and is currently competing with other types of egg business especially chicken eggs. Ghanaians have now become aware of the numerous health benefits of Quail Eggs and this has led to an increase in taste and preference of the product over the past years.

Profits generated from this business are used for expansion and Corporate Social Responsibilities.

It is the vision of the company to expand its production and move into other types of poultries such as chicken, turkey, etc.

The company is currently operating with three other staffs with me (George Offei) being the CEO and General Manager.

Loan Proposal

Loan, when approved, will be use to increase working capital to meet new orders pending for execution.
The orders involve printing of T-Shirts and banners for a church. Total cost of order amount to USD 1,500.00 and budgeted profit on this order will be USD 350.00 representing 23.33% of the total cost of order.

My Videos

Aug 1, 2021: Saturday farm activities at gezant farms

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$648.00

Date disbursed

Oct 27, 2017

Repayment status

On Time

Projected term

8 months

Lenders

T

Taupe

Balzers, Liechtenstein

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

PA

Peter A

New York City, United States

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

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  • George    Apr 1, 2022

    Hello family
    Please forgive me for the late payment. Business has been very slow due to high cost of living in my country. There is therefore the need to adjust my installments.

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  • George    Jan 28, 2022

    Hello my Noble Lenders,
    Please permit me reduce my weekly repayment amount so as to maintain some working capital level.
    Thanks

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  • George    Jan 13, 2022

    Hello Lender,
    Please market activities are slow. Hence, I wish to reduce my weekly repayment

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  • George    Dec 29, 2021

    Hello Lenders,
    Please market has been slow during this Christmas festivity. Hence I wish to reduce my loan repayment amount.
    Thanks

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  • George    Dec 23, 2021

    Hello my lenders
    Please I need to reduce my weekly loan repayment due to slow nature during this christmas festivity

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  • George    Dec 7, 2021

    Good evening my good Lenders.
    Over the past months, Poultry industry in Ghana has seen major challenge. As a result of this, it has affected my poultry business. Hence, I write to adjust my repayment amount.
    Thanks.

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  • George    Oct 24, 2021

    Hello Lenders,
    Market has been very slow these days hence making sales very slow. I therefore wish to reduce my repayment amount to enable me maintain some level of working capital.
    Thanks for your co-orporation

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  • George    Sep 27, 2021

    Hello my Noble Lenders,
    I've been able to buy the incubator. I am very grateful for the help. God bless you all

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  • George    Sep 13, 2021

    Hello Lenders,
    I write to adjust my first installment because I am yet to buy install the new incubator bought this Saturday. Work has not yet start on the machine. Hence, I need to maintain enough cash for the installation of the incubator. Thanks

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  • George    Sep 8, 2021

    Hello my noble lenders,
    I am grateful for your support. I have received full amount of GH¢4,061 this morning. This will help me buy the incubator within the week.
    Thanks very much

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  • George    Sep 7, 2021

    Woooooooooow. My loan is 100% fully funded. Thanks to all the 49 lenders and management of Zidisha for putting smile on my face once again. God bless you all. I'm really grateful.

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  • George    Sep 7, 2021

    The fund raising ongoing..........

    Thanks to the following for contributing 11% of my total funds requested:
    Malwina of Austria
    Nancy and David of United State
    Jason of Auckland, New Zealand
    Vratik Krocik of Prague, Czech Republic
    Yosef of United States
    Whitney Levis of United States
    Ravi Taxali of Markham, Canada
    Lindsey of United States

    I'm grateful.

    89% more to go with just 2 days left......

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  • George    Sep 6, 2021

    The fund raising ongoing..........

    Thanks to the following for contributing 9% of my total funds requested:
    Malwina of Austria
    Nancy and David of United State
    Jason of Auckland, New Zealand
    Vratik Krocik of Prague, Czech Republic
    Yosef of United States
    Whitney Levis of United States
    Ravi Taxali of Markham, Canada

    I'm grateful.

    91% more to go with just 3 days left......

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  • George    Sep 5, 2021

    Hello my noble Lenders,
    Please my loan is just 9% funded. 91% more to go and its left with just 3 days to expire. I am please counting on your usual support. I believe in you people.

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  • George    Sep 5, 2021

    The fund raising ongoing..........

    Thanks to the following for contributing 9% of my total funds requested:
    Malwina of Austria
    Nancy and David of United State
    Jason of Auckland, New Zealand
    Vratik Krocik of Prague, Czech Republic
    Yosef of United States
    Whitney Levis of United States

    I'm grateful.

    91% more to go with just 4 days left......

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  • George    Sep 3, 2021

    The fund raising ongoing..........

    Thanks to the following for contributing 4% of my total funds requested:
    Malwina of Austria
    Nancy and David of United State
    Jason of Auckland, New Zealand
    Vratik Krocik of Prague, Czech Republic
    Yosef of United States

    I'm grateful.

    96% more to go......

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  • George    Aug 30, 2021

    The fund raising ongoing.

    Thanks to the following for contributing 3% of my total funds requested:
    Malwina of Austria
    Nancy and David of United State
    I'm grateful.

    97% more to go

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  • George    Aug 29, 2021

    The fund raising has began.
    Thanks to Malwina of Austria for funding 1% of my total funds requested. I'm grateful.

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  • George    Aug 28, 2021

    Hello my Dear Noble Lenders,
    Your kindness and thought of extending helping hands to others so as to make it in life can never be forgotten. I am very much grateful for your help over the past years. Its has been through your helps that I have also progress in life. Thanks very much and may God bless you all.

    Currently, my new loan application is 0% funded and I am counting on you for all the support. This new loan is meant to purchase an incubator for my poultry business.

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  • George    Jul 31, 2021

    When I first started my Quail Farm, I thought I could not make it due to start-up capital. I was only depending on two sources of income (Staff of a micro finance company and my jointly own printing press business). But with determination and proper utilization of loans received from Zidisha, here I am today. My Quail Farming business is really growing.

    At a certain point in time (May 2019), I lost my banking job and have to depend only on the profit from the printing press. But with the help of my noble lenders, I managed to restructure my existing loan repayment so as to maintain enough working capital to grow my Quail Farms.

    Currently, Gezant Farms (my company) is having over 1,500 Quails and picking an average of 50 crates of Quail Egg daily. This has become my major source of income and has reduce the financial burden on me. It has also become a source of employment to others hence reducing the unemployment rate in my community.

    I am very much grateful to Zidisha and all the noble and kind lenders on this platform for the good ideas of extending helping hands to others. May the good Lord bless you all.

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