Entrepreneur
Name
Lyton
Member since
December 2020
On-time repayments
21 installments • 43%
About Me
My name is Lyton Phiri, I was born on 10th October, 1998.I started school at Kanyama Primary school.Due to financial challenges parents could not afford to pay for my school.Thereafter I started business of keeping chickens.
My Business
I rare broilers and layers which I sale to restaurants owners, marketers, homes and supermarkets.I choose broiler farming because it is hot cake business and the profits is very good.
The profits are used in reinvestment, buy stock feed , home improvement.Stock feed back is very much needed because the chicken need feed nearly every day for them to grow health.
Loan Proposal
I need at least 5000 ZMW to help me to buy and increase stock feeds for the chicken broilers and the layers. The chicken are in high demand in restaurants and take away. This business is profitable and am looking at expanding this year.
Income Source
I have a shop and I sale alcohol beverages and it is the fastest selling business were I generate good revenue. It is the main business that produced the poultry business am also currently doing both businesses now compliment each in terms of cash. Therefore repaying this loan am applying for will not be a problem. Thank you very much
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Loan Info
Project Type
Classic Loan
Disbursed amount
$129.00
Date disbursed
Mar 7, 2021
Repayment status
Late
Projected term
3 months
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