Loan to buy feed for my poultry
John Kwesi
Petroleum (from Mile 7 To Alhaji Rd), Ghana
21% repaid
Entrepreneur
Name
John Kwesi
Member since
June 2014
On-time repayments
19 installments • 26%
About Me
My name is John Kwesi Dei. I am married with two children. I currently live in Ghana in a city called Accra. In Accra, I stay at Achimota. I am an Account Officer by profession but lost my job 2 years ago. This challenged me a lot, and I was left to start my own business: Jodek Farms. I have developed interest in managing my own business and seeing to it that many others- both workers and customers benefit from it as has been my dream. I have been to college education and have acquired some few knowledge and certificates in short courses relating to my field.
In my business, I use my earnings to buy feed for my fowls and use part to keep the environment safe for the fowls. Though it has not been effective as expected, I know it will get better with your help. I use my leisure time to read more about my industry and connect with people with like passion and mind.
My Business
The name of my business is Jodek Farms. Jodek Farms is a poultry farm with over 600 birds. I established this business in May 2003. With this business I am able to supply day-old-chicks, eggs and chickens to individuals and other businesses which may be in need.
In Ghana, a large section of the population buys eggs to add up to their meal if they cannot afford meat and fish. This has made my business a lucrative one. Also, because of my vision to enlarge this business to a global standard and my impressive progress, many people patronize in my chickens especially when they are considering health and hygiene. I am also building a formidable and healthy relationship with my customers on a daily basis. This has been the reason and a secret in my business - the reason why people will patronize in my business than other competitors, particularly in this industry.
I am challenged to buy healthy feed and to provide conducive temperature for the poultry especially in harsh environmental conditions. I really want to expand by so doing overcome these risks. Some of my chicken die out of diseases and sicknesses I am not able to handle because of financial difficulties.
At this preliminary moments of intense challenges, I make less than GHC 300 profit in a month. I am determined to use this loan to increase my profit margin 2 times the amount mentioned.
Loan Proposal
This loan will be used to buy poultry feed for my fowls. In my previous loan proposal I stated that I needed to buy more day-old-chicks- which I did. Now these are 50 percent matured and the expenses for feed has consequently increased. With this loan I will be able to buy hygienic feed for my fowls to ensure a healthy growth and also increase my competitive advantage in the market share.
In Ghana, a bag of poultry feed is close to USD 35. However, getting quality feed is another challenge in my country. This has generated a keen competition among Poultry Farmers to negotiated with higher amount in order to be able to bid for the quality so as to protect your fowls and sustain your business.
I will really rely on this loan proposal to increase my business and employ other workers. My Poultry Farm is growing and I need your help to sustain it. I will humbly upload pictures of progress of my Poultry business for you.
Thank You for your kind help.
About Me
My name is John Kwesi Dei. I am divorcee with two children. I currently live in Ghana in a city called Accra. In Accra, I stay at Achimota. I am an Account Officer by profession but lost my job 2 years ago. This challenged me a lot, and I was left to start my own business: Jodek Farms. I have developed interest in managing my own business and seeing to it that many others- both workers and customers benefit from it as has been my dream. I have been to college education and have acquired some few knowledge and certificates in short courses relating to my field.
In my business, I use my earnings to buy feed for my fowls and use part to keep the environment safe for the fowls. Though has not been effective as expected, I know it will get better with your help. I use my leisure time to read more about my industry and connect with people with like passion and mind.
My Business
The name of my business is Jodek Farms. Jodek Farms is a poultry farm with over 600 birds. I establish this business on May 2003. With this business I am able supply day-old-chicks, eggs and chickens to individuals and other businesses which may be in need.
In Ghana, a large section of the population buy egg to add up to their meal if they cant afford meat and fish. This have made my business a lucrative one. Also, because of my vision to enlarge this business to a global standard and my impressive progress, many people patronize in my chickens especially if they are considering health and hygiene. I am also building a formidable and healthy relationship on daily basis with my customers. This has been the reason and a secret in my business - the reason why people will patronize in my business than other competition particularly in this industry.
I am challenged to buy healthy feed and providing conducive temperature for the poultry especially in harsh environmental conditions. I really want to expand by so doing overcome these risks. Some of my chicken die out of diseases and sicknesses I am not able to handle because of financial difficulties.
At this preliminary moments of intense challenges, I make less than GHC 300 profit in a month. I am determined to use this loan advantage to increase my profit margin 2 times the amount mentioned.
Loan Proposal
This loan will be used to buy poultry feed for my fowls. In the previous loan proposal I stated that I needed to buy more day-old-chicks- which I did. Now the are 50 percent matured and the expenses for feed has obviously increased. With this loan I will be able to buy nutritious feed for my fowls to ensure healthy growth and also increase my competitive advantage in the market share.
In Ghana, a bag of poultry feed is close to USD 35. However, getting a quality feed is another challenge in my country. This has generated a keen competition among Poultry Farmers to negotiated with higher amount in order to be able to bid for the quality so as to protect your fowls and sustain your business.This loan will enable me to buy the feed ingredients (eg.Maize, groundnut chaff, corn chaff, fishmeal etc) in bulk from the market in order to prepare my own feed which obviously will be cheaper than the already prepared feed and this will last not less than two and half months.
I will really rely on this loan proposal to increase my business and employ other workers. My Poultry Farm is growing, and I will need your help to sustain it. I will humbly upload pictures of progress in the Poultry business for you.
Thank You for your kind help.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$380.00
Date disbursed
Sep 23, 2014
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
United States
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