Entrepreneur
Name
Alfred
Member since
October 2014
On-time repayments
66 installments • 3%
About Me
my name is Alfred Kirui, a 33 year old IT professional and currently venturing into Chicken farming, which had stalled due to land issue which has since been resolved
My Business
Main income source is permanent employment and a little from chicken sales. Employment income is received on 25th and the poultry income depends on how many eggs are produced within the week.
Loan Proposal
I intend to use the loan to buy mushroom substrate and also the growing medium.
This will cost about 10000kshs and therefore with this loan, I will need to add up to the required amount. The cost of substrate is kshs 600/ kg and Am looking into buying 10 kgs. The cost of growing matter is about 3000 as this will be the initial purpose only. In future i plan to make the material from available products.
There is also the cost of employing labor which I intend to spend 5000 per month and hence before selling of the first harvest, I need to incur another 10000kshs.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
13 months
Lenders
Austin, United States
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