Raising chicks, growing mushrooms, and buying charcoal

Victor Ogundiran

Ibadan, Nigeria

100% repaid

Entrepreneur

Name

Victor Ogundiran

Location

Ibadan, Nigeria

On-time repayments

85 weekly installments  •  100%

About Me

My name is victor Ogundiran. Am excited joining this community. I reside in Ibadan. My farm is located at Akinyele local government Oyo state. I also operate a buying and selling point not far from the farm.

My Business

I produce dayold Turkey poults for sale every week. And I also sell mature table size broilers and Turkey. I also have a store not far from the farm where I sell farm produce like garri in bulk, yam flour also in bulk. I sell to retailers who go and resell.
I am a graduate B.Sc Agric university of Ibadan with specialisation in animal science. The main costs is the purchase of dayold chicks, purchase of feed and drugs. The revenue is from the sale of 4weeks old broilers a nd 6 weeks old Turkey and day old turkey poults.
The profit is used for children expenses in school and taking care of the home. while a part is also plowed back into the business.

Loan Proposal

Christmas and new year is fast approaching hence this is the time to raise and sell Broiler chicks for sale to those who will rear them to table size for Christmas and new year celebration. The proposal is to raise 4 week old Broiler chicks for sale during this rush season, since I have been known in the market as a regular producer of 4: weeks Broiler the demand will be much and I have to braise up so as not to loose confidence of customers and also acquire new customers. I also intend buying a local charcoal oven for easy drying of my mushroom

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$216.67

Date disbursed

Sep 1, 2021

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $10.83

Optional expediting fee: $43.33

Lenders

S

Staf

Humbeek, Belgium

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