Name
Shehu
Member since
February 2020
On-time repayments
17 installments • 53%
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
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.
I WOULD USE THE LOAN TO PURCHASE POULTRY FEEDS FOR MY 500 LAYERS FLOCKS. I BELIEVE I WOULD BE ABLE TO REPAY THE LOAN AT THE AGREED TIME DUE TO THE HIGH DEMANDS FOR EGGS AND THE HIGH PROFITABILITY RATIO INVOLVED.
I WOULD BE ABLE TO EARN THE MONEY AND REPAY THE LOAN BECAUSE THE DEMAND FOR EGGS IS VERY HIGH SUCH THAT DEMAND FAR OUTWEIGH SUPPLY HENCE THEIR IS CERTAINTY ON MY PART THAT I WOULD BE ABLE TO REPAY THE LOAN
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$32.00
Date disbursed
Jan 1, 2021
Repayment status
On Time
Projected term
1 week
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