Investment in poultry farming

Olasupo

Arigbajo, Nigeria

100% repaid

Entrepreneur

Name

Olasupo

Member since

January 2019

On-time repayments

37 installments  •  100%

About Me

I am Olasupo Oladogba, a Nigerian by nationality. Born 55 years ago by extremely poor parents. And grew up in a God forsaken neighborhood in Lagos. I stumbled through hard childhood educational life and eventually graduated as an Engineer.

I developed serious interest in agricultural farming when I started my professional practice in mechanical engineering. So, within 5 years, I acquired a small plot of land where two poultry pens were built from my monthly earnings. Presently, my poultry business is small but growing as expected.

My Business

My poultry farm presently generate N350,000 sales revenue per week before business expenses. I currently take home profit of N35,000 per week after business expenses.

My poultry supplies readily available eggs to my happy customers on a daily basis. The business also made available old layer chickens for customers during Christmas festive season.

Substantial part of the profits is always reinvested in growing the business. I must say here that my goal is fulfilled. My family members and I are living a better life now.

Loan Proposal

To increase the egg production capacity of my existing poultry farm. The funds will be used for purchase of bulk feeds for my chicken. The benefit of bulk feed buying is cost saving as a result of discount given by the feed supplier.

Feedback

1

None

None

  • Julie    Jun 7, 2019

    Timely repayment. Olasupo is a good investment.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$151.00

Date disbursed

May 13, 2019

Repayment status

On Time

Projected term

2 months

Lenders

T

TZ

Singapore, Singapore

moursund

Beaver Nation, United States

B

BSM

France

Jeff Tyler

Poquoson, United States

SW

Sean Walsh

United States

Mark Wilco

Columbus, OH, United States

PV

Plukgeluk VZW

Antwerp, Belgium

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

Loading...

Loading...

Loading...