To help increase my livestock productivity
Osei Godwin
Berekum, Ghana
100% repaid
Entrepreneur
Name
Osei Godwin
Member since
May 2015
On-time repayments
27 installments • 11%
About Me
Godwin Osei Benneh is my name. I come from Berekum in the Brong Ahafo Region. I started my basic school at Voice of Deliverance basic school, I furthered my education from there to Sunyani senior high school. . I choose this kind of business because my place or area is very good in that business and that place was were I was brought up. Because my place is a new site and people travel to Berekum downtown for daily goods. If am being given $170 in a week I can get $20 to $45 profit a week. The loan will also help me to expand my business and also employ more people. With the little savings made I started my own livestock farm.
My Business
I started this farm in my area because there is lack of livestock of this farm .Since I started this business, I can see that people are always at my livestock farm to purchase some for their consumption. The main motive behind me choosing this business was that, everyone will need it for their festivities . If I invest let say $170 within a week I can get $45 profit because as soon they got to know that I was having a farm of such then it demand increase. My business capital is small and I need money to increase productivity.
Loan Proposal
When I receive the loan, I will be able to increase my productivity . I assure you that, i will use the money solely for it purpose in other to attract more customers and help grow my business in order to repay my loan.I count on the lenders to consider this my loan application in other for me to help me increase in size of livestock farm to solve the needs of the community. I hope and know that if I get this money my profit margin will increase and will be able to generate a minimum of 40% profit within a week payback the loan
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 1, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
United States
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