Broiler farming
Martin
Nakuru, Kenya
$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.
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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
Other loans
Lenders
Brisbane, Australia
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