To renovate my structure and buy feeds for my birds

Entrepreneur

About Me

my name Seth Boateng. I am 28 years old. I am in a family of six. My mother, father, myself and three siblings. Three ladies and myself.
I started schooling at Kato R/C Basic School, continued at Berekum secondary school, completed and continued at Berekum College of education and now a student at Valley View University-Ghana.
I am working under Ghana Education Service as a teacher and also in a sole proprietorship as farming. I developed an interest in farming when I was about to complete my college of education and doing my service. I started my own farming in 2011 with a capital of about $800 with a worker who is being paid monthly

My Business

I started my poultry farm in the year 2011, with a based capital of about 800 dollars. I was able to raise an apartment structure with a little over 500 birds. I entered into poultry farm due to my great passion for poultry farming. After a careful study of the market in Berekum, I realized that poultry and poultry products were of great demand and only few people had entered into poultry production.
I arranged with school which I supply eggs to. Today I have well of 3000 birds and a structure of four apartment. Am able to employ an assistance who helps in the farm. I estimate about 100 dollars to buy additional feeds for my birds.
REPAYMENT
I will be able to repay any loan offered me from the sale of my birds and eggs.

Loan Proposal

Thank you very much for granting me the opportunity to apply for my third loan of $786. First I will use $300 to renovate my poultry structure to prevent predators and thief's as well.sometimes thief's break my structure and steal some of my eggs and birds.Secondly I will use about $486
to buy poultry feeds .Christmas is fast approaching and I need these feeds to help my birds grow fast and prevent diseases as well.In my locality when it is Christmas people buy the birds a lot and this will help me to get a lot of income to cater for my family My Business.My profit margin will increase by 10% in addition to what I was receiving previously.
I will therefore be able to repay any loan offered to me from the sale of my birds and eggs.

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