Louis Oki Agina
186 installments • 61%
I farm chicken, cattle, goats, geese and ducks. I also grow vegetables for income. I started my business three years ago. I did so to support and educate my siblings and to fend for myself. I contribute to community initiatives like fees for the poor and also to fund economic empowerment projects. Earnings are also used to buy crop impliments, animal medicines, to cater for bills and expenses too. I will expand my herd, increase acreage under crop production and earn more from the work of my hands.
I started my business in 2010, its now 11 years since i started the business. i raise and sell chicken, cows, goats, geese and ducks. I also grow vegetable crops. I sell breeding and mature bulls and heifers, eggs, hens and cocks, geese, duck and crop at a profit, usually double or more eg capital of 30,000 gives returns of 65,000 net. My business has no inhibiting competition as the market is far from being saturated and is very profitable since it gives you double of what you input every month. At the moment the only risk is lack of water but I will invest on a big water tank and water pump to cut down risks. I will use the loan to invest in the business and am sure to repay it in very few days.
With Zidisha loan, I will buy seed for new crop, organic treatments and upgrade my chicken coop. Zidisha loan will result in expansion of farm land, increased income for the enterprise, revenue for government but mostly, uplifting of lives socially and economically in a sustainable model.Zidisha lenders should invest in this because doing so will conserve the planet will bring them profit and will also improve peoples lives. Also, the feeling of fulfillment from loaning a business person and being repaid to loan again is a good feeling.
Kindly lenders, breathe life into this enterprise!
Feb 28, 2014
Cost to entrepreneur
Lender interest: $149.80 at 18.65% annual rate over 33 months = $77.90
Service fee: $26.34