Yussif
Kumasi, Ghana
100% repaid
Name
Yussif
Member since
June 2016
On-time repayments
81 installments • 85%
Am YahAya Yussif a native Tanina, suburbs of Wa. I schooled Tanina primary and Junior secondary. I wrote BECE exams in 2003 ,by passing the exams, I was place in Wa senior senior High to do General Arts as a student . I left Wa secondary after writing my final exam in 2006.In 2009 I got the opportunity to study HND Entrepreneurship and Finance at kumasi polytechnic. How to put thing together to pay my admision requirements was one of very big chellenging I ever face. So part time job was the only option available to me if only I was interested in the school. Business creation was part of the programme. This makes me develop passion for animals.
Am in to animals farming, thus sheep rearing and it very profitable because of it numerous uses and benefits it has to society . this includes raditional retuals by the traditionalist and Muslims also uses it for their religious purpose .all this makes the business more profitable and encouraging to undertake.
I developed interest for animals as a child growing in a village where by taking animals for gracing was always your duty , so i admires working on my farm. Apart from the sheep's, I have also attached Rabbit rearing to the business. With the rabbit, it's need a lot of time and effort in order to cater for them well. Now there is ready market for the Rabbit, which am told cost between ghc 50 and ghc 60 per one depending on the size. fortunately for me all the three Doe I bought gave me a totally ( 18 )kids, Am so lucky to have such Does which has given me this wander full figure. I have added mobile money transfer to my work. At side the time consuming, financial is demanding. Because am no more in the village where animals are send to grace outside, in the cities the law does not allow it. in mean you have to confined them. this increases your cost feeding them. U buy your feeds all the time so this increases your production costs.
Through my previous loans, I have been able to add a new product to the already exiting activity. I will buy wood, roofing sheet, nails and the labor cost totalling $ 150. I will also buy 5 bags of Maize, 3 bags of soyabeans, vaccines for the regular treatment of the animals. with my projection , I will be getting additional revenue because during Christmas because I will be selling some of the animals and Rabbits. this will go along way to increase my returns.
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$425.00
Date disbursed
Oct 3, 2017
Repayment status
On Time
Projected term
2 months
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Julie Oct 2, 2018
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