Funds to add more poultry

Denis

Nyamwanga, Kenya

29% repaid

Entrepreneur

Name

Denis

Member since

March 2014

On-time repayments

164 installments  •  8%

About Me

I AM 26 Years old man with a diploma in Social work. I am the first born in a family of four. I do really work hard to provide for my family which really depends on mi.
I started this business of chicken rearing soon after i completed my college level studies. This come after i realized that my family had no any source of incoming.
I started this business ti support my siblings who by then were still in high school
The business is doing cool though i experience some problems in terms of finance .especially when the market is doing bad.

My Business

Poultry has been my favorite and a hobby since i was in high school. I had no choice when it dawned on me that i had to support my family when dad left us.
My mother had no job and little salary she got from the tea leaves wasn't enough to buy us food and support my three young siblings in paying their friends.
The idea come into my existent and since then its has greatly improved my life.
I am able to keep more than 250 chickens whether layers or broilers.
I have ventured in this business for more than 5 years now.
A total of 100 dollars can come out as a profit when the laying of eggs is good.This is after subtraction from the expenses and i am able to save a lot that i use to pay for my siblings school fees.
Therefore i would like to seek the assistance so that i can be able to improve and expand the unites that i use to keep this chickens.I am determined and i believe that i can be able to repay my loan in time.

Loan Proposal

I would like to take this opportunity to thank all my lenders for the great support you gave me. So far my business is doing OK and I would like to use my next loan to buy more poultry. its my wish to take my business level. i believe that by adding more poultry it will enable me to a good number of chickens that will be giving me a task so that i can be able to increase it.
Am determined and I believe that my next loan will boost a lot.
Thanks a lot and be blessed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Sep 9, 2014

Repayment status

Late

Projected term

34 months

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