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

Feedback

4

None

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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

Lenders

H

Hynek

Brussels, Belgium

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

SeeMeeFi

Ontario, Canada

O

OrientExpress

Tokyo, Japan

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

H

HLCharityFund

United Kingdom

melissapmeier

United States

KM

KHS Microfinance

Tampa, United States

CC

Catherine CatDesignz

Halifax, United Kingdom

Jeremy

Washington State, United States, United States

JR

j r cannaday

United States

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

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Summary

Amount repaid

$327.67

Amount remaining

$0.00

Date repaid

Aug 12, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 5, 2015 $19.00 Apr 5, 2015 $19.00
Apr 12, 2015 $10.00 Apr 12, 2015 $10.00
Apr 19, 2015 $10.00 Apr 19, 2015 $10.00
Apr 26, 2015 $10.00 Apr 27, 2015 $10.00
May 3, 2015 $10.00 May 3, 2015 $10.00
May 10, 2015 $10.00 May 10, 2015 $10.00
May 17, 2015 $10.00 May 18, 2015 $10.00
May 24, 2015 $10.00 May 25, 2015 $10.00
May 31, 2015 $10.00 May 31, 2015 $10.00
Jun 7, 2015 $10.00 May 31, 2015 $10.00
Jun 14, 2015 $10.00 Jun 1, 2015 $10.00
Jun 21, 2015 $10.00 Jun 1, 2015 $10.00
Jun 28, 2015 $10.00 Jun 1, 2015 $10.00
Jul 5, 2015 $10.00 Jun 1, 2015 $3.33
Jul 6, 2015 $6.67
Jul 12, 2015 $10.00 Jul 12, 2015 $10.00
Jul 19, 2015 $10.00 Jul 12, 2015 $10.00
Jul 26, 2015 $10.00 Jul 12, 2015 $10.00
Aug 2, 2015 $10.00 Jul 12, 2015 $3.33
Aug 2, 2015 $6.67
Aug 9, 2015 $10.00 Aug 11, 2015 $10.00
Aug 16, 2015 $10.00 Aug 12, 2015 $10.00
Aug 23, 2015 $10.00 Aug 12, 2015 $10.00
Aug 30, 2015 $10.00 Aug 12, 2015 $10.00
Sep 6, 2015 $10.00 Aug 12, 2015 $10.00
Sep 13, 2015 $10.00 Aug 12, 2015 $10.00
Sep 20, 2015 $10.00 Aug 12, 2015 $10.00
Sep 27, 2015 $10.00 Aug 12, 2015 $10.00
Oct 4, 2015 $10.00 Aug 12, 2015 $10.00
Oct 11, 2015 $10.00 Aug 12, 2015 $10.00
Oct 18, 2015 $10.00 Aug 12, 2015 $10.00
Oct 25, 2015 $10.00 Aug 12, 2015 $10.00
Nov 1, 2015 $10.00 Aug 12, 2015 $10.00
Nov 8, 2015 $8.67 Aug 12, 2015 $8.67

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