Loan for buying 150 laying chickens

Peter

Moisbridge, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Peter

Member since

March 2015

On-time repayments

266 installments • 20%

About Me

Hello Lender,
It is long-time seek a loan due to business being affected by flood but I thank God am back in my foot and repaid my loan.
Currently I keep poultry and I have a stock of 200 hen donated by self help group. The chickens are laying eggs that has facilitate payment of my loan. I intend to add more because I have master the art of business.

My Business

I rear chicken as agribusiness and I have reared 200 birds. I want to increase my stock to 400 to generate an income of $20 per after deduction of expenses.

Loan Proposal

I want to take this opportunity to thank all lenders for investing in my business which is expanding day and day because of you lenders and God favor
I am borrowing a loan of $170 to add to my saving and buy 150 more indigenous laying hens which increase my stock from 150 to 300 hens.
My business target is to own 1000 hens which will enable me supply quality eggs and meat in hotels, hospitals and school large quantity.
I am expecting a profit increment of $ 300 per month which I will obtain from selling eggs and chicks. This profit will enable me pay the loan on time and invest back to the business. My target is generate a profit margin of $600 per month which I will invest back to Zidisha and help my community to develop.