Loan to support my livestock farming

William Abotsi

Accra, Ghana

6% repaid

Entrepreneur

Name

William Abotsi

Member since

February 2021

On-time repayments

17 installments  •  41%

About Me

my name is William Abotsi, from the Volta Region of Ghana ,i am the only son of my parent, married with two children , and i am a business man , who do export of cocoa and import yam into Ghana from Mali. at the result of the covid 19. borders where closed and it affected my business in a great way, and a good friend of mine introduced me into livestock farming , which i started about one year now. in fact it has been very fruitful and motivating .

My Business

I make my money from the export and import business that i do , but because of the Covid, i have to ventured into livestock farming. since i started , it has been very great. i started with five hundred birds, and now i am having about one thousand birds. i need money to push into the system, because without some certain equipment and facilities . they will all die , especially now that we are entering the raining session. i will have to prepare a sick bay, more cages, and get more of their medication. when one is affected with their diseases . it may likely affect the rest.i need money to make all this possible.

Loan Proposal

I write to apply for a loan to support my livestock business, I farm birds ,I currently have cockerels and layers, where I am using for them is too small and I need to expand their space for them and secondly to build a sick bay for them also , so kindly support me with a loan to solve this problem and I give you my word to repay back my loan on time as have always done.

Income Source

My business is a daily needs products that even in the midst of the pandemic because we need to eat and be healthy and strong, repayment will not be an issue at all because I have put measures in place to repay back my loan, and I also have my personal savings account to take money from and repay back my loan, so that will not be a problem

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$260.50

Date disbursed

Mar 20, 2021

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $9.24

Credit risk payment: $29.63

Optional expediting fee: $18.48

Lenders

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R

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GR

Gabe Radovsky

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Bri Sawyer

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