For chickens

Isaac

Berekum, Ghana

76% repaid

Entrepreneur

Name

Isaac

Member since

January 2015

On-time repayments

18 installments  •  67%

About Me

I come from a family of ten(10) children and i am the last in the family. My parents are peasant farmers and come from village where their priority is funeral but not education. By God's intervention i was favored to move to stay with some body in town as house boy, i was able to fund my education through the money i got from serving. Due to hardship i couldn't fund my education straight to university after my senior high education but because i had determined to further my education, i enrolled in distance education at Institute of Commercial Management (ICM-UK) which took me six(6) years to complete two(2) year course. And now i hold advance Diploma in Accounting and Finance and also hold Graduate Diploma in Management Studies all from ICM-UK. I am an Accountant and Farmer. I real fowl and goat, i used part of my monthly salary to fund the farm. Berekum, the city i come from,is known a to be business town where every thing you trade with has market to buy. I have NGO call Amoabeng's Help Line Foundation (can be found on google community) where we train the youth about their Civil and democratic right, provide support to people living with HIV/AIDS in income generation activities and provide basic needs to some adopted ophans.

My Business

As i have stated earlier on i am an accountant in Ghana Education Service and also have farm where i real fowls and goats. fowls and goats are in demand all round the year and in high demands in festivity like Christmas and Easter. As a farmer's son, i have interest in farming activities and spend most of my spare time in the farm, the farm helps me to earn extra income to cater for my family and other expenses. At the end of the month, i keep forty percent(40%) of my profit into my savings accounts and reinvest the remaining sixty percent(60%) into the farm.

Loan Proposal

since easter is approaching, there will be a lot of demand for the fowls which will reduce the livestocks. i will use this amount to buy 200 day old chicks at rate of $2.6 per one(1) . If i am able to buy these quantities, they will help increase the size of the poultry and increase the profit to about 75% .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.00

Date disbursed

Apr 8, 2015

Repayment status

Late

Projected term

2 months

Other loans

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Dayton

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Richard

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