Loan to expand my livestock business

Twum Gloria

Wamfie, Ghana

1% repaid

Entrepreneur

Name

Twum Gloria

Member since

April 2019

On-time repayments

5 installments  •  80%

About Me

My name is twum Gloria. I am twenty eight years of age. I was born in Ashanti Mampong in the eastern part of the Ashanti region. I attended Mampong methodist primary and junior high school. I further my education to yaa Asantewaa Girls Senior High School were I did general Art. I am dating but am still single. I am a very hard working woman with no child. I like reading, attending entrepreneur workshops and sometimes listing to music to entertain myself.

My Business

I am Into the sells of livestock specifically poultry thus broiler, layers and eggs. I started this business with help of Agricultural bank which gave me a sum 1000 GHC to start this business. I always use the the profit to reinvest in the bussiness. The bussiness is growing massively because in the initial they need to buy poultry production from the city and comparing the transportation to the product itself is very high. Currently am having 850 layer and 550 broilers. The layers produce an average egg of 500. The bussiness is very lucrative.

Loan Proposal

Thank you my lenders for supporting me. I decided to use my previous loan to buy more broilers. It has been a very good experience nurturing that ideas. I have received more orders from a large number of my customers. Many of these orders were placed yesterday. It has put a some pressure on me on how to meet the demands of my customers in time they wanted. This pushed me to use all of my previous loan to buying a day old chicks. I envisage this idea of entering into the sales of poultry is very good should things go as envisaged. I therefore intend to invest all (100%) in buying the day old chicks from wholesale producers. I want to meet the demands of my customers. It will then increase my income and also create more employment to other people.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$143.48

Date disbursed

May 14, 2019

Repayment status

Late

Projected term

2 weeks

Cost to entrepreneur

Service fee: $4.30

Credit risk payment: $13.04

Lenders

T

TZ

Singapore, Singapore

Anna Hoad

Toronto, Canada

CR

Christine Randall

Brisbane, Australia

H

Heather

United States

Majella

Dublin, Ireland, Canada

Angi

Germany

R

Reüel

Netherlands

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