Loan for grass-cutter cages

Catherine

Elmina, Ghana

3% repaid

Entrepreneur

Name

Catherine

Member since

October 2016

On-time repayments

86 installments  •  29%

About Me

I have a strong conviction that good things happen to those who hustle that is why I postpone death by living, by suffering, by errors, by risking, by giving or by losing.
At a younger age I was abounded by my parents and it was my aunt who took care of me. I have to struggle to help my aunt to take care of me and other family members. During my schooling days I have to work for others in the form of washing clothes for a fee to been nun to save money for my education and up keep. Grass cutter farming was introduced to me by a friend who did Bsc. Agriculture at UCC., Cape Coast, Ghana. He even helped me to get the cage and quality breed to start with. It was his information that made me used my money I had save to setup this business to enable me support myself and my siblings education.

My Business

To many of the youth, they prefer to travel to Accra the capital city to search for non existing white color job than to farm. Because they do see farmers as poor uneducated people job. But I chose this business as opportunity to change my life for it to be an example for my peers in the neighborhood. I rear grass cutter at home with six cages. I supply these animals to restaurants to complement protein in take of our population. I want to supply it on large scale but I don't have capital and space to do that due. My farm produce are also bought by market sellers and individuals especially starter in grass cutter farming.

Loan Proposal

Items that this loan will be used to purchase are as stated below;
1. Mesh wire $ 10
2. Wood $5
3. Nails $ 3
4. Oil paint $ 2
5. Workmanship $7
This new cage will me to increase my produce which I am anticipating an increase of my profit to about $200 in not less than five month.
This profit when realized will help me to pay my fees for my wards.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$30.00

Date disbursed

Mar 20, 2017

Repayment status

Late

Projected term

14 months

Other loans

Lenders

M

mkfiddler

Santa Barbara, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

T

TP

United States

Ask Catherine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$0.96

Amount remaining

$29.38

Expected completion

Jun 7, 2018

Status

Repaying late

Installment amount

$0.48

Repayment History

Expected Payments Actual Payments
Mar 30, 2017 $0.48 Apr 2, 2017 $0.48
Apr 6, 2017 $0.48 Apr 2, 2017 $0.48
Apr 13, 2017 $0.48
Apr 20, 2017 $0.48
Apr 27, 2017 $0.48
May 4, 2017 $0.48
May 11, 2017 $0.48
May 18, 2017 $0.48
May 25, 2017 $0.48
Jun 1, 2017 $0.48
Jun 8, 2017 $0.48
Jun 15, 2017 $0.48
Jun 22, 2017 $0.48
Jun 29, 2017 $0.48
Jul 6, 2017 $0.48
Jul 13, 2017 $0.48
Jul 20, 2017 $0.48
Jul 27, 2017 $0.48
Aug 3, 2017 $0.48
Aug 10, 2017 $0.48
Aug 17, 2017 $0.48
Aug 24, 2017 $0.48
Aug 31, 2017 $0.48
Sep 7, 2017 $0.48
Sep 14, 2017 $0.48
Sep 21, 2017 $0.48
Sep 28, 2017 $0.48
Oct 5, 2017 $0.48
Oct 12, 2017 $0.48
Oct 19, 2017 $0.48
Oct 26, 2017 $0.48
Nov 2, 2017 $0.48
Nov 9, 2017 $0.48
Nov 16, 2017 $0.48
Nov 23, 2017 $0.48
Nov 30, 2017 $0.48
Dec 7, 2017 $0.48
Dec 14, 2017 $0.48
Dec 21, 2017 $0.48
Dec 28, 2017 $0.48
Jan 4, 2018 $0.48
Jan 11, 2018 $0.48
Jan 18, 2018 $0.48
Jan 25, 2018 $0.48
Feb 1, 2018 $0.48
Feb 8, 2018 $0.48
Feb 15, 2018 $0.48
Feb 22, 2018 $0.48
Mar 1, 2018 $0.48
Mar 8, 2018 $0.48
Mar 15, 2018 $0.48
Mar 22, 2018 $0.48
Mar 29, 2018 $0.48
Apr 5, 2018 $0.48
Apr 12, 2018 $0.48
Apr 19, 2018 $0.48
Apr 26, 2018 $0.48
May 3, 2018 $0.48
May 10, 2018 $0.48
May 17, 2018 $0.48
May 24, 2018 $0.48
May 31, 2018 $0.48
Jun 7, 2018 $0.48

Loading...