Expanding my poultry farm

Tabbita Mzaduri

Luanshya, Zambia

100% repaid

Entrepreneur

Name

Tabbita Mzaduri

Member since

August 2020

On-time repayments

11 installments  •  18%

About Me

I am a university graduate with a Bachelor's degree in Environmental health waiting employment. So in the mean time I decided to venture into a business to earn enough income to make ends meet and supply my dependants with their daily needs

My Business

I rear chickens and supply them to big supermarkets when they are due. I also have a salon that I run after am done with the chicken work. It is mainly for clients that are held u during the day as it functions fully in the evening. I have employed 4 workers at the salon if which all of them are students as we are trying to boost our economic status by helping each other run the night salon

Loan Proposal

With the previous loan I got I was able to order more chick and now I have a lot of them which am rearing. I am kindly asking for more money because I need to buy starter feed medicines and all the necessities for the growth of the chicks. Soon after purchasing the chick there is certain medicine I am sapposed to give them mixed with water and it is expensive so I used part of the previous loan I got to buy the medicines. Now I need more money to buy feeders and drinker's to accommodate more chicks

Income Source

I understand that no matter how certain you may be about your business paying off you can never be too sure of the risk factors. So for risks like theft and or fire I have insured my my small business so that in case of theft or fire I will have all my money back which I invested from the insurance company. And for risks like making a loss because none is buying my chickens that will not in any way affect my due payments because I will use the money I am earning from my saloon to repay in case of anything

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$175.47

Date disbursed

Jan 18, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $10.71

Credit risk payment: $27.86

Lenders

MarktheMormon

Sandy, Utah, United States

JessieD

Alexandria, Va, United States

JA

Jason and Sandra

Toronto, Canada

MC

Mark Cowburn

United States

RS

Rich Stein

United States

Donald Major

United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

R

Roman

Slovakia

Jochen

Switzerland

T

Thijs

Netherlands

Corinna

Essen, Germany

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