Name
Victor
Member since
July 2019
On-time repayments
133 installments • 97%
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.
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.
When this loan is approved I intend to use it to support the purchase of feed and drugs for the Turkey and the broilers I keep alongside. Drugs and feed are important factors in the raising of livestock. Adequate feed and drugs must be available as at when due to make a success of the enterprise.
The program i run presently is the production of Turkey day old and the raising and selling of broiler chicks. I normally stock 150 to 200 br0ilers at a time which I sell at 4wks of age. A 4wks old broiler sells for 800 now. There is a high demand for it because people are stocking for Christmas and new year. I sell a minimum of 50 in a week. that is what has always helped me in meeting up with my repayments and am sure of been able to meet up this time also.
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Neutral
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Project Type
Classic Loan
Disbursed amount
$204.00
Date disbursed
Aug 22, 2020
Repayment status
On Time
Projected term
2 months
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