Poultry business

Simon Tetteh

Accra, Ghana

83% repaid

Entrepreneur

Name

Simon Tetteh

Member since

June 2020

On-time repayments

11 installments  •  27%

About Me

I currently hold a Bachelor degree in Renewable Natural Resources (Ecotourism and Environmental Management option). The journey of my university education was a challenging one as I lost my dad 3 weeks after my WASSCE exams and so have to solely depend on my effort to finance my education. After national service, I decided to enter into a small scale poultry farm alongside teaching in the a private school. The burden of helping my junior siblings further their education now calls for expansion of my business and hence need support.

My Business

Poultry business.Poultry business. I am into fowls rearing particularly layers, local fowls and broilers. The main income from this business is from eggs and fowls sale.

Loan Proposal

I will be using the loan to purchase chicks, feed and vaccines with the target of meeting December market where sale is high.

Income Source

There is already demand for eggs hence I always make eggs on daily basis as well as sale of fowls , hence income from these sales would help me pay for the loan.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.12

Date disbursed

Jun 26, 2020

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $2.15

Credit risk payment: $1.90

Optional expediting fee: $3.17

Other loans

Lenders

Jason

Auckland, New Zealand

R

Ru

New York, United States

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Summary

Amount repaid

$26.55

Amount remaining

$5.57

Expected completion

Sep 9, 2020

Status

Repaying late

Installment amount

$7.43

Repayment History

Expected Payments Actual Payments
Jul 8, 2020 $16.15 Jul 9, 2020 $16.15
Jul 15, 2020 $0.00
Jul 22, 2020 $0.00
Jul 29, 2020 $0.00
Aug 5, 2020 $0.00
Aug 12, 2020 $0.00
Aug 19, 2020 $0.00
Aug 26, 2020 $7.43 Sep 2, 2020 $7.43
Sep 2, 2020 $7.43 Nov 15, 2020 $2.97
Sep 9, 2020 $1.11

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