Entrepreneur
Name
Irene
Member since
February 2016
On-time repayments
187 installments • 56%
About Me
I am Irene Wambui, born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy. I am married with two kids, a boy & a girl. After college, I worked with a medicine firm for two years as an employee, and later ventured into business after getting married due to low wages.
Currently, I have a poultry rearing business and it's doing well, going with the way it started. Poultry keeping is a good business but a tricky one because it needs a lot of one's time with birds. My wish is to expand my business and target the bigger market.
My Business
As mentioned above, I am a poultry farmer. I normally buy one day old chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches so that I sell 200 birds after every two weeks.
This is a profitable venture but it has its own challenges, such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well. I get a net profit of about USD 200 per month.
Loan Proposal
With this loan, I will simply focus on adding more stock of my birds. Currently I am raising 400 birds a month and I hope to add first 200 more birds, and then another 200 by the month of April.
Summary of my Loan Proposal:
200 1 day old chicks @ 120 USD
12 Bags of chicken feed @ 300 USD
Other small expenses will be covered by the old stock of birds.
About Me
Am Irene Wambui born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy.Am married with two Kids, A boy & a girl.After collage i worked with a medicine firm For two year as an employee and later venture into business after getting married due to low wage.
Currently am in a poultry rearing business and its doing well,going with the way it started. Poultry keeping is a good business but tricky one because it needs a lots of ones time with birds. My wish is to expand my business and target the bigger market.
My Business
As mentioned above, I am a poultry farmer. I normally buy one day chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches such that I sell 200 birds after every two weeks.
This is a profitable venture but I has its own challenges such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well and I get a net profit of about USD 200 per month.
Loan Proposal
With this loan i will simple focus on adding more stock of my birds. currently i am doing 400 birds a month and i hope to add first 200 more birds, and then another 200 by the month of April.
Summary of my Loan Proposal.
200 1 day chicks @ 120 USD.
12 Bags of chick feeds @ 300 USD
other small expenses will be carted by the old stock of birds.
Feedback
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$439.00
Date disbursed
Feb 12, 2017
Repayment status
Late
Projected term
32 months
Other loans
Lenders
Saskatoon, Canada
Toronto, Canada
Baltimore, United States
Arlington, United States
Austin, United States
WOLLONGONG, Australia
Green Cove Springs, United States
Orlando, Florida, United States
Eke, Belgium
Stamford, USA, United States
Shanghai, China
Germany
Fontvielle, Monaco, Yemen
Los Angeles, United States
Amsterdam, Netherlands
Germany
Moscow, Russia
United States
Tampa, United States
Amsterdam, Netherlands
Frankfurt Germany, Denmark
Germany
United States
United States
United States
United States
Netherlands
Uruguay
United States
United States
Hong Kong
Bruno Sanchez-Andrade Nuño (brunosan)
United States
Franklin, TN, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Sweden
United States
Ask Irene a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...