My future investment loan

Mark

Nakpanduri Northern Region Ghana, Ghana

100% repaid

Entrepreneur

Name

Mark

Member since

October 2017

On-time repayments

16 installments  •  63%

About Me

I am Mark Lasite Konlan a small poultry farm operator in Nakpanduri in the northern region of Ghana. i started my small poultry business since 2012 where I buy few chicken and real them and sell them when they grow and increase in size. I keep on expanding the numbers yo some extend that I can buy in a reason quantity and resell them to people for their occasions and festivities. this year I started to grow my own poultry buy establishing small business promise to house the chickens and provide feed to them.

My Business

my business is a petty poultry farm which began with a stock of about fifteen (15) by the to now a stock of seventy five (75) eighty (80) which consist of fowls and Guinea fowls and I have plan of running a big poultry farm within the region by 2020 . budget to expand the business come this January, 2018 is as follows

Guinea fowls 125@$1.50 =US$ 187.50
Fowls. 180@$1.00 =US$ 180.00
Feed 25 bags@$5.00 =US$ 125.00
Administrative expenses. =US$ 120.00
Total =US$ 612.50
the above budget I intern to finance it from the loan requesting for and the plough back profit from the business and personal savings.

Loan Proposal

I will use the loan amount to buy stock to replenish the stock which is running out and also provide buffer stock for the Christmas festivity as demand will be high and I will not hesitate to loss such opportunity. I will also used part of the loan to support my savings to buy feed for the birds. it will more appreciated if my loan is finance on time so that I can take up the opportunities around this festivity period.
i have also built nine big pen for the farm which is up to 95% complete to expand the business, i am supported with big loan facility i will complete and move to it.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Jul 9, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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