Loan to expand my livestock farm

Gilbert

Bolga, Ghana

100% repaid

Entrepreneur

Name

Gilbert

Member since

July 2016

On-time repayments

221 installments  •  61%

About Me

I was born on August 3, 1990. I started my primary and junior high education at Dusbuliga D/A school in the Garu district if the upper east region. I gained admission into Bolgatanga she in 2005. after completion, I helped my parents on the farm to raise money to further my education. After completing Sunyani polytechnic with a higher national diploma in management, I went into pigs rearing which am now operating with ten pigs. the culture of my people has helped me to be respectful and accommodating wherever I find myself. I intent giving my children the best id education from the proceeds of my pig farm. I like farming since childhood and I watch football during my leisure periods.

My Business

I provide pork to my clients. pork is highly consumed the people hence there is high demand for it. I chose this business because it's convenient and allows me to do other chores. Spending on the feeds which comprises grinded maize, rice, cassava which I spend about 20 CEDI's a week and I get the revenue from the pigs I seel to my clients. I have used the profits to expand my business.

Loan Proposal

I will expand the structure to be able to house more livestock. I will use part of the money to purchase feeds(grinded maize and cassava) for the animals. This will cost me about $100.
This will enable me increase the number of livestock i have and also help me settle my debts owed on feeds.
I expert the profit to increase to about 70%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Jul 27, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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