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

None

None

None

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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Summary

Amount repaid

$63.03

Amount remaining

$0.00

Date repaid

Feb 9, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 5, 2016 $1.29 Aug 4, 2016 $1.29
Aug 12, 2016 $1.29 Aug 11, 2016 $1.29
Aug 19, 2016 $1.29 Aug 18, 2016 $1.29
Aug 26, 2016 $1.29 Aug 25, 2016 $1.29
Sep 2, 2016 $1.29 Sep 1, 2016 $1.29
Sep 9, 2016 $1.29 Sep 8, 2016 $1.29
Sep 16, 2016 $1.29 Sep 15, 2016 $1.29
Sep 23, 2016 $2.58 Sep 23, 2016 $2.58
Sep 30, 2016 $1.29 Oct 6, 2016 $1.29
Oct 7, 2016 $1.29 Oct 12, 2016 $1.29
Oct 14, 2016 $1.29 Oct 14, 2016 $1.29
Oct 21, 2016 $1.29 Oct 25, 2016 $1.29
Oct 28, 2016 $1.29 Nov 2, 2016 $1.29
Nov 4, 2016 $1.29 Nov 3, 2016 $1.29
Nov 11, 2016 $2.58 Nov 10, 2016 $2.58
Nov 18, 2016 $2.58 Nov 17, 2016 $2.58
Nov 25, 2016 $2.58 Nov 26, 2016 $2.58
Dec 2, 2016 $2.58 Dec 1, 2016 $2.58
Dec 9, 2016 $2.58 Dec 8, 2016 $2.58
Dec 16, 2016 $2.58 Dec 16, 2016 $2.58
Dec 23, 2016 $2.58 Dec 22, 2016 $2.58
Dec 30, 2016 $2.58 Dec 29, 2016 $2.58
Jan 6, 2017 $2.58 Jan 5, 2017 $2.58
Jan 13, 2017 $1.29 Jan 13, 2017 $1.29
Jan 20, 2017 $1.29 Jan 19, 2017 $1.29
Jan 27, 2017 $1.29 Jan 26, 2017 $1.29
Feb 3, 2017 $5.17 Feb 2, 2017 $5.17
Feb 10, 2017 $11.37 Feb 9, 2017 $11.37

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