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 use the money to buy piglets to add to the existing one if my loan application is successful. this will cost me 120$ to be able to fulfill my plans. I expect my profit to rise to about 70%. this loan, when approved, will give me the financial muscle to meet my needs and to also expand my business. feeds such as rice and maize flour can easily be bought with this loan. if my loan application is successful, my business will grow from strength to strength

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$83.00

Date disbursed

Feb 21, 2017

Repayment status

On Time

Projected term

3 months

Lenders

kuebel

Vienna, Austria

Paul Buchheit

Mountain View, United States

S

sanfransec

San Francisco, CA, United States

Donna Manton

Australia, Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

B

BSM

France

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

S

Symballesthai

United States

daniel

maryborough, Australia

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  • Agbenyega    Apr 6, 2021

    I called gilbert and he said he will pay just that things are not going well

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  • Agbenyega    Mar 5, 2021

    I called gilbert and his wife responded so I told her to tell him to pay. And I told her that she should make su4e he calls me back since I used my person number to call

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  • Kog-yiri    Feb 2, 2021

    Gilbert said business is slow a little bit but he will try and pay

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  • Kog-yiri    Dec 30, 2020

    Gilbert sand his phone was having a problem but now solve

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  • Gilbert    Nov 24, 2020

    Business has slowed down because of the covid 19 pandemic

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  • Gilbert    Oct 25, 2020

    Sick dad

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  • Christian    Sep 24, 2020

    Just spoke with Gilbert Malik and he told me he had problem with his phone hence unable to get internet connectivity. He agreed with me that today by close of day he would visit an internet café to have the repayment done

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  • Gilbert    Aug 22, 2020

    I lost my phone and had to organize money to purchase a new one. Payments are done on line so not having a smart phone is a challenge

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  • Gilbert    Jun 11, 2020

    My phone got damaged which I used the money to purchase a new one hence the reason for a reduction in installment amount

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  • Gilbert    Mar 27, 2020

    Due to the global pandemic of the covid-19, business is slowed down

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  • Gilbert    Jan 22, 2020

    Unable to make sales as a result hardship in the economy.

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  • Gilbert    Dec 27, 2019

    To be able to settle remaining balance on time

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  • Gilbert    Jan 26, 2018

    I incurred cost in my business and is in a financial distress right now. I do not want to default on my payments and therefore want to reduce to the amount that will be convenient for me to pay. I was eager to make full payment earlier in order to qualify for the bonus but this situation has prevented me from doing so.

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  • Gilbert    Dec 20, 2017

    Am confotable paying this amount due to my ability to meet my expenses. I also hope to complete payment on time in order to access a new loan.

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  • Gilbert    Nov 13, 2017

    I cannot pay theiunt amount of GHS50 due to expenses I made with my loan and there will like to adjust payment downwards to a period that I will be able to adjust it upwards.

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  • Gilbert    Nov 4, 2017

    I received an Amount of GHS970 after all deductions including expediting fee of GHS114 and service fee charged. With this amount, i will be able to purchase smocks as well as settle debts incurred on my livestock business. I want to thank my lenders for the swiftness in responding to my needs by granting me this loan. God will continue to bless you as you make positive change in people lives. You have really helped businesses grow. I thank you so much. God bless you.

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  • Gilbert    Nov 1, 2017

    I will beef up my stock with an additional purchase of 20 smocks. The remaining money will be used to buy feeds for my pigs. This will enable me expand my business and in the end it will increase my profit. I wish to express my profound gratitude to the zidisha team most especially my lenders for always there to lend and support my business. I want to say a very big thank you for making me realise my dreams. May God richly bless you as you continue to change lives by donating to help people expand their business. Thank you all.

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  • Gilbert    Oct 28, 2017

    Thanks to my lenders I was able to use part of the money to venture into a new lucrative business in smock selling which fetched me a lot of income. It was also a job for the person I assigned to sell the smocks on my behalf. I was able to also use part to purchase a piglet to beef up stock.

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  • Gilbert    Oct 18, 2017

    I want to adjust my installment upwards because of the sales of smocks(locally manufactured cloths) I made last month which my clients are now paying back. I hope to use part of it to buy an additional piglets to add to the existing ones. Also, this will enable me pay back the loan in time in order to assess a new loan facility.

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  • Gilbert    Aug 2, 2017

    I have been able to meet all my expenses and now capable of paying at this amount wothout hustle. This can further be increased in the coming weeks as a result of meeting all my expenses.

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