Ghana

Loan to pay for poultry feed


This Loan
31% Repaid


Disbursed Amount: $1,767.18
Date Disbursed: Jan 23, 2017
Repayment Status: On Time
Repayment Frequency: Weekly Projected Term: 29 months
Cost of Loan: $88.15
Show Cost Details

Cost of this loan

Service Fee: 5% of $1,767.18 = $88.15


Story
About Me

My name is Kossonou Yao, i come from a small town in the Ashanti region of Ghana called Mampong. i am from a family of three children of which i am the eldest. i am a married man with three kids. i went to Kumaca senior high school to attain my Senior high school certificate. i also went to Garden city Univesity to attain my Degree in Business studies certificate. i am now living in Kumasi Breman, i started poultry farming in the year 2004 which i did not find it easy and passed through some hardship and with this hardship i continued to do the farming .My profits allow me to better support the needs of my family . Always learning new methods about my profession is my favorite sport.

My Business

My business is poultry farming . there is a high demand for birds and eggs, i have the competitive advantage over the others but since i have less equipments and low income to purchase the required medicine i am only able to rear a few. i provide my town with quality birds and eggs and also i employed two workers initially but to cut down cost i have maintained only one for the mean time . i chose this business because its my passion and i love doing it. My typical cost is the feed and i use the profit i gain to support my children tuition fees and also use some to take care of my family. i also reinvest in growing the poultry farming. i plead the Zidisha lenders to come to my aid so that i can continue this business in order to support my family, since i'm the bread winner.thank you.

Loan Proposal

Thank you my Lenders for the trust you had in me to grant me a fourth loan, I really appreciate the help you have given me. Your help has really improve my poultry business over the last couple of months. I will like to seek for another loan to restock poultry feed since at this time of the year the prices of the poultry feed is quite less as compared to other seasons. To get the most out of your birds, it requires you to feed them well, feeding them well keeps them health and boast egg production. Buying the poultry feeds in bulk at this time is very much affordable and will help increase my income since I will be saving more money in buy feeds for my birds. So for this project I will need an amount of $1780 to purchase the poultry feed in bulk. Thank you for having time to read through my proposal am looking forward to a wonderful and blissful 2017.Thank you Zidisha Team, Thank you Lenders without you it will be impossible for us to achieve what we have now.



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Loan to pay for poultry feed

Kossonou Yao
Kumasi, Ghana

31% Repaid