Name
Kenneth
Member since
January 2018
On-time repayments
85 installments • 88%
I am Kenneth Mugi Mukuha a 30year old entrepreneur born raised and lives in Naivasha town of Nakuru County in Kenya. I am graduate with a diploma in Community Development and Dip. in Guidance and Psychological counseling.
I have currently invested in poultry farming for both sale of eggs and meat. My current market is my friends neighbours and family. I look forward to expand the same for commercial purposes. I have also invested in my siblings Photography company 'Jai.Captures' which is currently in its incubation stage.
The loaned amount will be beneficial in purchase of high yielding chicken feeds. A bag of layers and growers mash feeds is approximately $15. The loaned fund will help increase the production to at least 30eggs per day worth $3 up from current 10-15eggs.
the income for the growers which are meat will increase their growth rate to between 5 and 6months bringing an income of $10-$15 per chicken due to accumulation of weight selling 1 kg @ $5.
Much of the profits will be ploughed back to the project and some to the photography company.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$37.00
Date disbursed
May 10, 2018
Repayment status
On Time
Projected term
4 months
Other loans
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