Broiler farming

Martin

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $13 goal

0

days left

Entrepreneur

Name

Martin

Member since

December 2017

On-time repayments

12 installments  •  83%

About Me

My childhood was with ups and downs since i come from a single parent, but i managed it the hard way. I attended all the levels of education even though it was through the hard way of in and off situation. I grew up around like minded and determined people soo i got ideas from them and so far it has enabled me to be where i am today. I came to start my own business after i got employed for three month and raised the capital. Where i live for you to prosper you better do everything in your power to grab an opportunity. I like to do roller skating when am free as a sport, exercise and for fun.

My Business

I sell broiler meat in wholesale and also in retail. The product has a high demand from hotels, in some families and also sometimes when there are different occasions i get to supply them with the product. I choose this kind of business since the demand never drops due to different markets we have with the other farmers. I use the profits for reinvestment, and some for my expenses.

Loan Proposal

Currently i have been stuck with a limited number of chicks and there is a big vaccant space available for keeping the chicks. I plan to add a certain number of chicks to cover the vaccant space and also with an aim to maxmize the profits.
I will use the loan to buy 300 chicks plus their feeds which will cost a totall of $840. By doing so the profits will increase to a promising number to make it possible for getting involved in other investments opportunities. The manpower needed will increase thereby increasing the number of employees needed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$13.00

Date disbursed

Oct 12, 2018

Repayment status

Late

Projected term

1 week

Lenders

fairspirit

Utrecht, Netherlands

CR

Christine Randall

Brisbane, Australia

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