Entrepreneur
Name
Korang
Member since
June 2020
On-time repayments
14 installments • 50%
About Me
I am a young guy who is into animal production. I started with 190 birds, but with effort and support from friends I have been able to increase it 500 birds now. I want to expand the business by doing new pen and buy more bird so I can employ others. I have the land but left with the money to acquire the materials for the pen. I wish my dream will come through with the help I will get from here.
My Business
I have layers(birds) in my pen now.they have started laying eggs.I will sell the eggs to settle the loan
Loan Proposal
I initially requested loan for day old chicks to fill my newly constructed pen.but I still need more funds before I can do that.due to this pandemic,they have increase the cost of the day old chicks.
Income Source
It is very clear that this pandemic has really affected businesses in this our recent time.I have manage to have at least 300 poultry birds which have started laying eggs.I will use the sale if the eggs to settle the loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Jul 27, 2020
Repayment status
On Time
Projected term
2 weeks
Other loans
Lenders
Germany
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