A loan to buy 2 additional cattle for my livestock farm
Nicholas
Techiman B/a, Ghana
100% repaid
Entrepreneur
Name
Nicholas
Member since
October 2015
On-time repayments
134 installments • 62%
About Me
I joined the Zidisha family in 2015 when I was 22 and still in school. Series of loan from the group has really helped me mostly in my education through the University as well as my business. My 1st and 2nd loan was geared towards my education. I then started a cattle rearing business with my 3rd loan from zidisha. I am currently an employed accounts officer in one of the biggest roofing companies in Ghana. I can also boast with more than 10 cattles from my animal farming business which is a part time work
My Business
My interest in animal farming at a tender age didn't die down as I made it a reality with the help of Zidisha. I started 3 calves in July 2017. As I speak, I have 16 cattles in my farm. I reserve some times from my busy work schedules to manage my farm. I wish to acquire additional cattle there by multiplying my livestock before December 2018. My only challenge is providing enough feed for them. Cattle rearing in Ghana is now profitable. A calf may be acquired for $150 and then later be sold for not less than $600 when they mature. That is about 400% increase in value. This has really boost my interest in taking this business to the next level.
Loan Proposal
I am requesting for another loan to buy enough feed for my existing cattle and to buy 2 additional calf. Good and rich feed help them to grow plumpy there by winning good prices from buyers. I have therefore decided to spend on providing feeds enrich with minerals for them to grow well. I will repay this loan from my salary as an accounts officer. I shall be a loyal borrower by making repayments on time. Thank you
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$101.00
Date disbursed
May 18, 2018
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
United States
Ask Nicholas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.