Name
Chioma
Member since
November 2019
On-time repayments
88 installments • 73%
My name is Dr (Mrs) Chioma Ihebereme. I am a Lecturer by profession but have snail farm business. The snail farm business started out of my initiative and flare for livestock business. I started my snail farm in a cage well prepared for snail habitation. At first, i sell the mature snails to my colleagues and make supply to individual homes on demand. When i saw that there was high demand for my snails, i
quickly expanded my snail farm using a farm space in my compound. As the snails mature ,i deemed it necssary to negotiate with hotels and fast food outfits for a contract to be supplying snails to them. Fortunately, my proposal was granted and i started supplying snails to hotels and fast good ooutfit. I equally supply snails to traders that sell snail in the market. I also do home delivery to individuals. Of a truth, i realize sufficient money from snail sales. Subsequently, i use the money i got from my snail sales to pay school fees for my children, settle other educational needs for my children and operate educaton fund account for my children. As my snail farm business grows and progresses, i partitioned my snail and employ few workers to assist me. In this direction, their salary will be included in the expenses from the snail sales. Expenses are equally made when training workshop are organized for the recruited workers. Snail farm business is challenging but rewarding if utmost dedication is ascribed to it's service delivery. I sincerely enjoy the snail business because there is high demand for it's consumption hence sales are quickly made and profit realized.
My business is Snail farm. It is very lucrative but money is heavily involved for it's maintenance.. My income source for my snail farm business is mainly from my salary as a Lecturer by profession. Then, the other source is from loan. I channel sixty percent of my salary to my snail farm business business. My snail farm business has given me opportunities to be invited to deliver lectures in conferences , workshops and seminars natiowide, on how to start and sustain snail farm business. I passionately love my snail farm business because it has given me positive exposure and my snail sale revenue has greatly assisted in my family upkeep.
I will use the loan to buy water spray kettle. This will assist me in Spraying water in my snail farm. I have been experiencing the Harvard of pouring too much water at a particular spot in the snail farm which has drowned some snail. The water spray kettle will regulate the quantity of water spray on the snail farm. In addition, the water spray kettle will in minutes cover a large portion of snail farm.squel to this, it reduces stress of carrying bucket of water and using cup to supply water to the snail farm.. I envisage a laudable relief with use of water spray kettle.
My business is not affected to a large extent. My patronizers are still functioning.for example hotels, fast food outlets, market women, homes and hospital The lock down as a result of Corona virus outbreak did not include shut down of sale of food stock, hotels, fast food outlets. I am still making supply in the market, hospital, hotels, homes and fast food outlets . Equally, I operate a shop for snail delicious dishes for home delivery. My business is still flourishing as the demand for snail is inevitably
Jan 19, 2021: Chioma ihebereme's snail farm business
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$46.00
Date disbursed
Apr 13, 2020
Repayment status
On Time
Projected term
3 weeks
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Amount repaid
$46.05
Amount remaining
$0.00
Date repaid
May 7, 2020
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 23, 2020 | $15.35 | Apr 23, 2020 | $15.35 |
Apr 30, 2020 | $15.35 | Apr 30, 2020 | $15.35 |
May 7, 2020 | $15.35 | May 7, 2020 | $15.35 |
Kirk Moore Oct 29, 2020
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