Buying layers chicks

Edward

Mosocho, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Edward

Member since

March 2016

On-time repayments

245 installments • 62%

About Me

I Edward Mandi was born in Kisii County some 50 years ago in a family of seven, i went to school up to standard eight and then joined craft centre where i trained as Radio and Television technician.
i was employed i saved some money which i used to open my current business in Radio and Television repair.
the land where i live is fertile even though is small is a good land for cultivation.
One wants to be electrical /electronics engineering , another want to be an agricultural extensional officer, another one wants to be a social worker.
my hobby is electronics and learning more about poultry farming.

My Business

I own Radio and Television repair workshop in Kisii County within Kisii Town.
Due to long experience in this work i have a lot of customers.
I like this type of work since my childhood, So i decide to train as a Radio and Television Technician.
I pay for the working place Kshs. 5000 per month/Kshs.1500 for electricity bill, Kshs. 3000 for traveling expenses, then i can make approximately between 50,000 and 80,000 per month.
I use my income profit to pay school fee for my children and other needs for the family, i also invest other money in growing my business, e.g i have small poultry farm.

Loan Proposal

I am to utilize the money by buying two hundred layers chicks which will cost me usd 1 for a day old chick. So that 200. Which i will rear up to five months.This is the time they will mature and will start laying .
I will sell the eggs to th local community at our local shopping center . For now the eggs which are supplied to our local shopping center come from very far around 300 kilometers away . So this will benefit the community to get fresh Eggs from the farm nearby. Here i will make a profit of about twenty four dollars a week after buying the feeds for the chickens

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M
Mary Nov 20, 2017

Edward repaid his loan ahead of time. I would recommend funding his future loans!

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- Edward Nov 28, 2017
  
  Thank you so Mary for believing in me. I will also strive hard to repay the future loan.
  
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