Pig farm project

Francis Owusu

Berekum, Ghana

11% repaid

Entrepreneur

Name

Francis Owusu

Member since

July 2016

On-time repayments

54 installments  •  83%

About Me

I was brought up in a village near Berekum called Fetentaa in Ghana. I had my basic school education at Fetentaa Methodist Basic School. When I was in class two (2) at the age of seven (7) years, my father passed away. Since my mother was the only one taking care of seven (7) children which my father left to her, I struggled with my education at that time. I completed my basic education in the year 2004 and continued to Berekum Presbyterian Secondary School. I completed Secondary School Education in the year 2007. In 2010, I furthered to West Africa Baptist College in Wa in the Upper West Region in Ghana. I got BA in Theology in the year 2015.

My Business

I raise pigs. I raising has become important in my community because of the demand of pork on the market. Many people consume pork because it is healthy and delicious. The demand of it has become so high that it is not difficult to be sold on the market. I chose this business because I love raising animals and also the demand of it on the market. I like working on the pig farm.
In raising pig to increase breeding and for the market, I need about $2,000 to get everything in proper order. This amount will help me to get appropriate, healthy and good for pig farm and also proper medication and food.
If every goes well, it help me to increase income to help me take care of my family. It will help me to pay my siblings school fees and also my wife's siblings for them to get proper education. The income from the farm will also help me to increase in farm production so that in future I can employ others to work in my farm so that they also will be able to take care of their families which will reduce unemployment ratio in our country.

Loan Proposal

I will use some part of the loan to buy sow-litter protective cage to keep the litters from being killed by the sows when they are young since one of the sows killed six (6) litters when young. The cage will be about $196. I will use other part to buy about six (6) soy beans bags to supplement their food to build up their size and weight in both the piglets and bigger pigs. The cost will be about $408. I will use some of the loan to buy medicine for deworming and medicine for piglets and cost is $54. There are other things I am still making enquiries about.
This will help me to increase in my production since cage will keep the sow from lying on the litters. The soy beans supplement will build their muscles which will help them to increase in weight and size so that in buying price will rise for me to increase my income from the farm. The medicine will also keep them from various sicknesses especially the piglets. This will help me to be able to take care of my family.
This will help get increment in my income about 40% percent because I will get healthy and big pigs

Feedback

1

None

None

  • Sue L    Jul 7, 2017

    Francis repaid on time and increased loan repayments when he had the profits to do so. I would be happy to lend to Francis again.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$254.86

Date disbursed

Aug 7, 2017

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $6.71

Lenders

ads68

Melbourne, Australia

T

tophini

Alma, United States

B

Bernhard

Baden - Baden, Germany

JA

Jared Anthony

CT, United States

Pedro R-C

Cambridge, United States

PG

Paul Graham

United States

Donna Manton

Australia, Australia

G

GS2

Germany

Cyrus Santiago

Calapan City, Philippines

Eszti

Budapest, Hungary

A

Andrei

United States

Majella

Dublin, Ireland, Canada

JA

Jason and Sandra

Toronto, Canada

Craig Travis Provyn

Bradenton, Florida, United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JA

Joshua Axtell

United States

M

Mark

Toulouse, France, France

Dennis L

Berlin, Germany

D

David

United States

Paul Buchheit

Mountain View, United States

Jane

Ontario, Canada

AT

Amy Truong

Honolulu, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

SL

Sue L

Singapore

Jeff

The Colony, Texas, United States

J

JB

Germany

Pay-It-Forward

Durban, South Africa

Ask Francis a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...