Animal farming

Benjamin

Nkoranza, Ghana

100% repaid

Entrepreneur

Name

Benjamin

Member since

April 2020

On-time repayments

114 installments  •  99%

About Me

Benjamin Kwabena Agyei is my name. I come from Nkoranza, in the Bono East region of Ghana. I started my Early Childhood Education at Atebubu st. Patrick R/C Basic School . After completing Basic School, I gain admission at Obuasi Senior High/Technical School and I was offered technical as my program with Building Construction option, due to hard work I was awarded Ghana Government scholarship, I completed successfully in 2001 and I continued my Post Secondary Education at Mampong Technical Teachers college. I studied Technical education and I was awarded teachers certificate "A". I taught for three years and left the teaching job for further studies at the University of education winneba Ghana and I graduated with second class upper division. I came back to teach at Nkoranza Senior high Technical school. I was enrolled at Kwame Nkrumah University of science and technology Ghana to study for masters degree (Msc.) In technology management and entrepreneurship in 2018 and have successfully graduated.
My dream is to become University lecturer, a renowned entrepreneur and a phalantropist targeting the homeless peoples. So I am planning to start PhD soon,I am married with three children all males.

My Business

I have started a cosmetics business,paultry farming pigery and other livestock production. The cosmetic store is in full operation and my paultry business is also in incubation period since the birds are now growing, I plan to add hair products and toiletries to the cosmetic store but I am limited with finance. I don't want to put "all my eggs in one basket", I was told is not good practice as entrepreneur so I want to diversify my business by adding different products to the stock. If I am able to get higher loan amount from lenders i will use it to stock the cosmetic store with hair products thank you.

Loan Proposal

I will use part of the loan to buy feed for my livestock and use the rest to stock my cosmetic store with hair products

Income Source

Though my daily sales has reduced, I am able to get a everage weekly sale of one thousand Ghana cedis which generate a gross profit of two hundred Ghana cedis
So I will use part of the profit to service my loan. Moreover if the loan is granted part of it will be injected into the cosmetic business by using it to buy hair products for sale and I hope that will increase my sales. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

May 11, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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