Edwin Mwangi

Nairobi, Kenya

40% repaid

Entrepreneur

Name

Edwin Mwangi

Member since

July 2012

On-time repayments

11 installments  •  0%

About Me

I am 22yrs old single.i have a sales and marketing diploma.I am a marketing executive for oceanic oil limited.I do poutry farming where i have four hundreds chicken.my earning i pay my expenses and support my guardians.Iam planning to proceed with my eduction to a degree level in the next one your and thats is why i am savin to get enough funds to pay for the course.i am working hard in my poutry project and i want to increase the numbers to 1000 hens to be able to make sustainable profits

My Business

I have a poutry farm where i rear layers chicken where iseupply eggs within my home town Kiangai and its enviroment.There is very high demand for the eggs as there are only few of us doing poutr farming in this area. my customers prefr my eggs becouse i am sble to supply in their convinience and i am reliable as i have more than their capcity.the business is profitable becouse the cost of rearing chickens in the rural ares is very law and the price of the products is very good due to hgh population and demand.The risk in this business is periodic deseases which might attack the hens for sometimes which you cant predict. my monthly costs includes Layers march 30000 labour cost 7500,transport 4000 and emdicines .I make about 70000 per month and after deducting the expenses i make a profit of atleast 28000 per month

Loan Proposal

As stated earlier;poultry farming is practiced by very few people in my area and all i want is efficiency and convenience to all my customers.first and foremost i want to increase the number of chicken to at least one thousand.after that i want to buy an egg incubator so as to rear young chicks and replace the aging ones and keep the number intact until demand states otherwise.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$483.00

Date disbursed

Oct 9, 2012

Repayment status

Late

Projected term

12 months

Lenders

Sideburnjack

Conroe, TX, United States

Ron

United States

EricDWalters

Rochester, Mn, Usa, United States

Ishaque

New Jersey, United States

C

chkuo

Taipei, Taiwan

YB Song

Seoul, Republic of Korea

Dipsius

London, United Kingdom

F

Forba

Mo i Rana, Norway

AWeber

Washington, DC, United States

M

Miguel

Madrid, Spain

L

Lemon

Switzerland, Switzerland

M

mhn423

Toronto, Canada

S

Senryu91

caldogno, Italy

Crestwood

Hamburg, Germany

beverly

Vancouver, Canada

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