Young fish and nets to grow my fish farm
Abednego
Kato, Ghana
100% repaid
Entrepreneur
Name
Abednego
Member since
January 2015
On-time repayments
42 installments • 60%
About Me
I am a boy of 27 years of age. I completed school at berekum akab complex school, from there i went to Sunyani secondary school and had pass in all my subjects. Life became had and our house is also located near a river side where we used to harvest fish for food and some for sales. I was able raised some amount and went to university. After there i saw that the fish farming was better so i went in for some small loan of which i am managing with my fish farm. My area is water log and is good for fish farming
My Business
I deal in fish farming and i use some to feed my family and also sell some. Most people can not live without food and it served as food to so many people. It has also helped the people in my area to get meat right there. At first they use to travel long distance in search of meat. I choose this kind business because my place or area is very good in that business and that place was where i was brought up. If am being given $400 in a week i can get $54 to $60 profit a week. The loan will also help me to expand my business and also employ more people.
Loan Proposal
i wish to thank all my lenders for your loan. I am asking once again this time to help me expand my business to the next level. The people have grown in population hence have to expand my business to attract almost half of them and to meet their needs. When I receive the loan, I will go to the market to buy these products to stock my fish farming. Some of the products I will be buying are fingerlings, feeds, net, chemicals etc. Is a fact that many people have more interest in eating fish than all other meat. I assure you that, i will use the money solely for it purpose in other to attract more customers and help grow my business in order to repay my loan. I count on the lenders to consider this my loan application in other for me to stock my fish farming with some important and needy products to be able to solve the needs of the community. I hope and know that if I get this money my profit margin will increase. If i invest like$300 in my business, within a week i can get almost $50 interest which is success in business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$268.00
Date disbursed
Mar 23, 2015
Repayment status
On Time
Projected term
7 months
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