Entrepreneur
Name
Raphael
Member since
July 2015
On-time repayments
89 installments • 85%
About Me
My childhood has been a struggle to survive since l am ninth born. I have to do a lot of work from weeding on peoples farms for a fee to selling food staffs to support my mother who was more or less a single parent. I walked for miles to school from basic level to the Junior high school and even at Tertiary I have to be a house help to earn money to support myself but in all these I was able to have Tertiary education because I did not give up hope of becoming independent by working and studying hard. I started this farm from savings made during the time I was teaching as service personnel. I was finding it difficult to get job in public service and a student I thought introduced me to pig farming by lending me three piglets to start with in agreement that when they females deliver I will pay it back with three piglets. That is how it all started.
My Business
I sell piglets and boars because it of high demand especially piglets for starters in pig farming. It is more profitable because I used GH cedis 600 for live stocks and feed, and at the end of half of the year earn at least GH cedis 2,200 as my net profit. With this that I use to pay for my rent, children school fees and pig feeds for the next season which I must say takes bulk of my profit.
With help of Zidisha now I have moved my business to the next stage of given piglets to young needy Junior High School final year students who are interested in pig farming as a way to set them up to earn money to continue their education. I give beneficiaries three piglets for a start only to repay me with the same number of piglets after eighteen months. It is my hope that with Zidisha on board I can help the first identified young up coming Junior High School Graduate to start with feed been added to the piglets I give.
Loan Proposal
This loan will be used to buy the following for feed preparation:
1. Salt $2.50
2. Two bags of milled maize grains $10.60
3. Wheat bran $ 10.60
4. Pig vitamins $5
5. Feed phosphate $10
6. Soybean meal $27. 50
7. Oil seed extracts $7.50
8. Copra cake $15
This loan will help me breed more piglets for the young needy Junior High School graduates as starters to help them to continue their education and at the same time increase my market and profit from 3,500 to 5,000 Ghana cedis.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Feb 10, 2016
Repayment status
Late
Projected term
61 months
Other loans
Lenders
United States
Summary
Amount repaid
$62.50
Amount remaining
$50.00
Expected completion
Jun 5, 2017
Status
Repaying late
Installment amount
$0.25
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2016 | $21.50 | Feb 22, 2016 | $21.50 |
| Feb 29, 2016 | $2.50 | Feb 29, 2016 | $2.50 |
| Mar 7, 2016 | $2.50 | Mar 7, 2016 | $2.50 |
| Mar 14, 2016 | $2.50 | Mar 7, 2016 | $2.50 |
| Mar 21, 2016 | $2.50 | Mar 14, 2016 | $2.50 |
| Mar 28, 2016 | $0.00 | ||
| Apr 4, 2016 | $1.25 | Mar 21, 2016 | $1.25 |
| Apr 11, 2016 | $1.25 | Mar 21, 2016 | $1.25 |
| Apr 18, 2016 | $1.25 | Apr 4, 2016 | $1.25 |
| Apr 25, 2016 | $1.25 | Apr 4, 2016 | $1.25 |
| May 2, 2016 | $1.25 | Apr 4, 2016 | $1.25 |
| May 9, 2016 | $1.25 | May 11, 2016 | $1.25 |
| May 16, 2016 | $1.25 | May 11, 2016 | $1.25 |
| May 23, 2016 | $1.25 | May 11, 2016 | $1.25 |
| May 30, 2016 | $1.25 | May 11, 2016 | $1.25 |
| Jun 6, 2016 | $1.25 | May 23, 2016 | $1.25 |
| Jun 13, 2016 | $1.25 | May 30, 2016 | $1.25 |
| Jun 20, 2016 | $1.25 | Jun 15, 2016 | $1.25 |
| Jun 27, 2016 | $1.25 | Jun 15, 2016 | $1.25 |
| Jul 4, 2016 | $1.25 | Jun 20, 2016 | $1.25 |
| Jul 11, 2016 | $1.25 | Jun 23, 2016 | $1.25 |
| Jul 18, 2016 | $1.25 | Jul 13, 2016 | $1.25 |
| Jul 25, 2016 | $1.25 | Jul 24, 2016 | $1.25 |
| Aug 1, 2016 | $1.25 | Jul 30, 2016 | $1.25 |
| Aug 8, 2016 | $0.00 | ||
| Aug 15, 2016 | $0.00 | ||
| Aug 22, 2016 | $0.00 | ||
| Aug 29, 2016 | $0.00 | ||
| Sep 5, 2016 | $0.00 | ||
| Sep 12, 2016 | $0.00 | ||
| Sep 19, 2016 | $0.25 | Sep 14, 2016 | $0.25 |
| Sep 26, 2016 | $0.25 | Sep 14, 2016 | $0.25 |
| Oct 3, 2016 | $0.25 | Sep 14, 2016 | $0.25 |
| Oct 10, 2016 | $0.25 | Sep 14, 2016 | $0.25 |
| Oct 17, 2016 | $0.25 | Oct 11, 2016 | $0.25 |
| Oct 24, 2016 | $0.25 | Oct 11, 2016 | $0.25 |
| Oct 31, 2016 | $0.25 | Oct 11, 2016 | $0.25 |
| Nov 7, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Nov 14, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Nov 21, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Nov 28, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Dec 5, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Dec 12, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Dec 19, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Dec 26, 2016 | $0.25 | Oct 16, 2016 | $0.25 |
| Jan 2, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Jan 9, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Jan 16, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Jan 23, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Jan 30, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Feb 6, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Feb 13, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Feb 20, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Feb 27, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Mar 6, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Mar 13, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Mar 20, 2017 | $0.25 | Oct 16, 2016 | $0.25 |
| Mar 27, 2017 | $0.25 | Apr 1, 2017 | $0.25 |
| Apr 3, 2017 | $0.25 | Apr 1, 2017 | $0.25 |
| Apr 10, 2017 | $0.25 | Apr 1, 2017 | $0.25 |
| Apr 17, 2017 | $0.25 | Apr 1, 2017 | $0.25 |
| Apr 24, 2017 | $0.25 | May 16, 2017 | $0.25 |
| May 1, 2017 | $0.25 | May 16, 2017 | $0.25 |
| May 8, 2017 | $0.25 | May 16, 2017 | $0.25 |
| May 15, 2017 | $0.25 | ||
| May 22, 2017 | $21.50 | ||
| May 29, 2017 | $21.50 | ||
| Jun 5, 2017 | $6.75 | ||
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