Broiler chicks and feed for the poultry
Francis
Kitwe, Zambia
100% repaid
Entrepreneur
Name
Francis
Member since
June 2017
On-time repayments
97 installments • 25%
About Me
I'm a fourth born in the family of eight. I was born and bred in Mpika a small town in the Northern province of Zambia. Upon completion of my grade twelve I ventured into a small business. I raised some supplement for my college costs. I'm currently working for the mining company. I am now married living with a kid.I like making gardens and I have lived like that so gardening to me is my hobby because there is no single day that have passed without me doing a garden.
My Business
If I'm funded I'll be able to buy
100 chicks which cost about $120,I run two small businesses. I have a hardware store and a poultry business. My plan is to get into business full-time and leave my full-time job. So I have decided to join zidisha so that I can be able to increase my capital base.
So far I have a contract with a restaurant am supposed to be supplying 60 chicken pay month. This will give a profit of $200 if I sale 100 chicken.I want to be buying 100 chicks twice in a month or 200 in a month which will be costing $240.
I use some of the profits I make to pay school fees for my niece at college who is studying clinical medicine at Zambia medical university.
Loan Proposal
I will buy 150 broiler chicks for the poultry which will cost about $90,medicine include Gumburo and new castle, stress park, interflox and multi vitamin costing about $20 and three bags of broiler starter feed which will cost about $80 and I will use the balance for transporting the commodities from the shops to the poultry at home.
I v employed 1 person who is helping me and we are also selling mature to the community, this have improved my garden because manure is readly available.
If I get this I will be able to buy 150. Chicks and it will increase my profit from $120 to $350,this will allow me to expand more.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$226.00
Date disbursed
Oct 16, 2017
Repayment status
On Time
Projected term
15 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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