Working capital for my pig farm

Joseph

Berekum, Ghana

100% repaid

Entrepreneur

Name

Joseph

Member since

July 2015

On-time repayments

28 installments  •  36%

About Me

i am Adofo Joseph and comes Techiman and stays in Berekum. my parents are mr and mrs Adofo Mensah. we are three siblings and iam the second born of my parents. they assisted each to school and benefited from them a lot. by then my father was farmer who rear livestock and also do cultivation of crops as well. as i was moving with him i learned him so when i completed college of education i was posted to Berekum where i now base i decided to rear some livestock to help myself and the family too since my parents have grown old now. i am also assisting some of neighbors by employing them as laborers to my pig farm that i now have in Berekum.

My Business

Adofo livestock is a business situated in Kyiribaa a suburb in Berekum. i deal in rearing of pigs to sell to the people of Kyiribaa and Berekum as well. people of Berekum love the meat of pigs very much. the proceeds that i received from the farm is used to furnish my family school apparatus and feeds them, some are also used to pay the laborers that i have and use some to do reinvestment to grow the business.

Loan Proposal

when the loan is given to me i will buy a some feeds for the animals which will cost around 35 dollars and use some to pay the laborers that i have employ and use the remaining to invest in the farm and the proceeds that i will receive from the investment will be used to repay the loan as agreed in the agreement schedule. myself and my family will also benefit from the proceeds as well as my neighbors.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 21, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

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