Name
Nowell
Member since
December 2016
On-time repayments
158 installments • 34%
Nowell Bonsu is a very hard working poultry farmer from Tanoso. I operate a small business that sells layers ,broilers and to support the family. My minds eye of poultry business is to have produced maize for 4 years and used to feed the animals as buffer stock. Poultry business is capital intensive because right from the day old chick you are supposed to feed, vaccinate and other activities. I do enjoy myself in this business because it breaks down bordom.
The biggest business challenge is inadequate working capital and has approached different financial institutions but their demand for collateral is cumbersome. With the loan things will get better. Many youth nowadays want to be in the offices with their long flying tie on airconditioned office meanwhile , the government alone cannot do that and calling for the support of the private sector and I know I'm on the right path.
i will buy more chicks, chicken feeds, medicines and vitamins to help them grow well, he will renovate the cages and create more space for his layers.
my biggest business dream is to grow much further and he will be responsible for paying back the loan in full at maturity.
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Project Type
Classic Loan
Disbursed amount
$112.00
Date disbursed
Dec 21, 2016
Repayment status
On Time
Projected term
9 months
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