Name
Norman
Member since
February 2013
On-time repayments
70 installments • 11%
My familyconsists of 3 brothers and 1 sister ,my family has ventured alot into farming business which is poultry,goats,cows and crop farming.I live at dzalamkadze mtwapa area,i schooled till fourth foam with some experience in hotel industry and travel.I started poultry business because this sustains people annually and chicken are always in demand.I have purchased a small piece of land with my few earnings and am intending to build a small family house.
In the interest of making the business grow i will look into buying more piece of land and build houses to generate more income.
The business is poultry farming and crop farming,the produce is chicken and maize.
Demand for chicken is there always in local cafes and hotels etc and maize is consumed locally as staple food so maize is in big demand.
Customers prefer the business because i sell most of goods fresh from the farm and in big and small quantities,so all can afford.
The business is profitable because i keep poultry in big numbers ,so i get some profit ,i also harvest maize in bulk so its easy for me to make some profit as i sell in big bulk sacks at ago.
am taking this chance to post my loan f9or funding again. with this being my second loan am planning to use this loan in two. this means i will use 100,000 to buy a ready milking dairy cow and use the rest on buying of more chicks that i will add into my poultry. and also use some on buying food for the younger and growing up chickens into my poultry. this will make me in a better position in daily and monthly earnings of which it will improve my living standard well.
Positive
2
Neutral
1
Negative
1
Project Type
Classic Loan
Disbursed amount
$1,798.00
Date disbursed
Dec 3, 2013
Repayment status
Late
Projected term
65 months
Other loans
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