Entrepreneur
Name
Peter
Member since
April 2016
On-time repayments
42 installments • 71%
About Me
Thanks.
I am a young, energetic middle man in a serious self employed business. Throughout my young age, having been born and brought up, i was taken to school just like any other child. Having lived in a rural set up lifestyle. I am well conversant with all the challenges one faces in life. As a first born and the only child of my parents, I was taken to school where I went through primary and secondary school and later joined a university. I graduated with a degree in business management. Effort of seeking for a job in any organization was with little effort. I stayed home while helping my parents with domestic activities. My mother has been a civil servant staff though she has been very helpful to me. I started keeping a few chickens in our compound and this kept me busy. While doing the chicken activities, it dawned on me that it is indeed a full business I can engage myself in. A business that started as a killing time activities started generating money when I started selling chickens and eggs to the neighbors.My mother supported me to buy more chicks and there I am, it is a business that pays for my bills and meet all my expenses. Thank to my mother who supported me that time. This is how I came to start my own business and overcame the hardship of being jobless.
The unique thing about the place I live is that community embraces one another through helping the needy and keeping security. I would like my children to be well educated and get skills to be entrepreneurs and business people. My unique hobby is helping the needy and involving in a communal works or activities. I also love watching football.
My Business
Well, my business is poultry farming.I rear chicken for both eggs and meat.These poultry products are all year long on high demand.Besides being food,it is most preferred and used in many food ingredients.Eggs are used in various ingredient.They are used to cook cake,cookies and many other recipes.I choose this business because i am well conversant and know much about it.Am loving it as a business for the high profit i get.My main typical cost are cost of food this ranges from (Broiler, Starter & Finisher),medicines,full time electricity,labour & supplements.Usually,my profit goes towards reinvesting in my business,the remainder goes towards meeting me expenses and helping my mother.
I also do cages improvements and maintenance.
Thank you.
Loan Proposal
Meanwhile, once I get the loan will buy the various food that is commonly the most typical cost that is incurred every time and with a high demand.
I will buy Chick mash recommended for (0-8 Days) at a cost of $32.00
Growers mash recommended for (8-18 Days) at a cost of $28.00
I will also add Layers with calcium and phosphorus to promote good shell health at a cost of $25.00
I will a buy Medicines at a cost of $18.00.
All these items will add a great value to me business that usually support my whole expenses.
I will now a concentrate with looking for a better market while having enough food to sustain me feeding my chickens.
I will able to secure a good market with humble time. I expect to get a higher profit of USD500.00 from the past USD300.00 per Month.
This wills a great achievement in my business. I will Thank you lenders and Zidisha family the rest of my life.
Thank you.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Apr 15, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.