Purchase of layers feeds

Shehu

Zaria, Nigeria

100% repaid

Entrepreneur

Name

Shehu

Member since

February 2020

On-time repayments

17 installments  •  53%

About Me

my name is Shehu adamu danazumi, i am a citizen of Nigeria. i reside in the city of zaria in kaduna state of Nigeria. i am into poultry farming and i need financial support to enhance my poultry business. as you are aware the covid 19 pandemic has brought about serious challenges in the global economy in which nigeria is not an exception, as a result of that many businesses are suffering and some experiencing total collapse. hence i need loan to enable me sustain my business so as to return to profitability

My Business

i am into the business of poultry farming and other agro allied venture. i have a registered business name and and i have 500 layers chickens that that need to be fed regularly to provide the much needed eggs for the local market and its environs. presently due to the global reccession as a result of the covid-19 induced lock down the cost of feeds has skyrocketed thereby posing serious challenges for us on how to continue to feeds the birds flocks. hence, i would need your kind assistance in this regard to enable me provide feeds for my birds.

Loan Proposal

i would use the loan to support the purchase of feeds for five hundred layers birds to enable me remain in business. the poultry business is very lucrative and have a very high return on investment, hence i am confident if given the money i would be able to repay it in good time.

Income Source

most businesses has been affected as a result of the covid 19 pandemic, but never the less the poultry sector still remain very viable and profitable as a result of the huge demand for eggs, hence i am confident that i would be able to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.00

Date disbursed

Dec 15, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

Carlo Cruz

Cincinnati, OH, United States

MF

Makepeace-Boyle Family

New Brunswick, Canada

Michael Chew

Melbourne, Australia

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