Name
John
Member since
October 2019
On-time repayments
8 installments • 50%
my name is Ode John am from north central Nigeria, am actually a graduate of Building Technology but presently am in to livestock farming due to lack of job employment. Am happy at what I does because it's lucrative businesses
I grow catfish and poultry birds.
I actually constructed concrete pond of about 8000 litters which is capable of accommodating at least 9000 catfish but unfortunately i was unable to fill the ponds with fish because am not financial buoyant and need fund to expand. Presently am operating with 2000 fishes, yet I still need fund to feed them, expand the business, and diversify.
As such, the business is being operated in a mini category, also likewise the birds (chickens); there are at least 500 birds presently in my farm, these birds generates at least 11 crates of eggs weekly which turns out to be very lucrative and even make me wants to do more.
I will use the loan amount to acquire raw material for local catfish feed production. A feed locally made machine has been invented for production of feeds that meets the requirements of the floating feeds
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$23.00
Date disbursed
Oct 27, 2019
Repayment status
On Time
Projected term
3 weeks
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