Name
Soondo
Member since
June 2021
On-time repayments
22 installments • 64%
I am Soondo Mulife a zambian :nationality aged 26 years old Director and CEO of Senlife Enterprises. With passion and desire to achive greatness in life, I got intrested and decided to venture into agricuture sector with the purpose to feed the ever increasing population.However, in the year 2018 Senlife Enterprises a sle proprieator business was registered in accordance with the laws of zambia with the main aim of getting in both crop and livestock sector.
Senlife Enterprises suffered some setbacks like it can happen for any other business. After securing a start up capital which was invested. But with the determination to achieve sucess the business managed to bounce back with a small capital which was sourced and currently we are in pig farming which seem to thriave.
The funds will go a long way by helping to expand our piggary. We intend to purchase about 20 pregnant pigs to inrease the current number of animals that we have. The moneys will help to buy the following,
1.Off cuts plungs
2.Poles
3.Pockets of cement for concrete floor.
4. Iron sheets
5.Farm Agriculture insurance cover for all animals Above six month.
6. livestock feed for pigs.
7.Transport
8.Other materials and quipment for the farm.
It is to my sincere hope that my business life will never be same the business will be able to serve our prospect buyers beyond the boarders our district.
Currently many business face clamate economic risk as well as the challenges of the pandemic of covid 19 but with super planning this gives an opportunity to every business minded peson to strategize be relialistic not putting all the eggs in one basket. To this effect as business we invested in farming of rice in the previous agricultural season therefore, some sales from the produce will go towards servicing of the weekly intallment before we start reliasing our profit from the current investment and expansion.
Not just that the business currently, have some piglets that are ready to be sold.
Lastly, we also have some pigs which are expected to furrow so that we can be able to sale piglets to other farmers.
Jun 20, 2021: Pig farming project
Positive
None
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Jun 17, 2021
Repayment status
On Time
Projected term
1 week
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