Entrepreneur
Name
Daniel
Member since
July 2015
On-time repayments
220 installments • 59%
About Me
I grew up in a big family. I attended Kasikeu Primary School for my primary
education and Kasikeu Boys High School for my Secondary education. Been
born in the big family I had so many challenges as my parents were not working.
After my 'O' level I came to Nairobi and started looking for casual laborers job
as I wasn't trained. I later got a job in the transport industry. After working
for some times I managed to buy a second hand van which I use to transport
passengers to various destinations and they pay bus fare. The unique thing
about land in Machakos County is very fertile. Being a Kamba by tribe I admire
my culture. When my children grow up I want to ensure they get the best
education for them to be able to support themselves. My hobby is reading
the bible and preaching.
My Business
I am poultry farmer with 200 chicks and 200 hens. The business is in demand because many people don't have time to keep chicken. I choose this kind of business because I make money every day. My typical costs and revenue involved in three months is about US$1,000.00 . I use the profit to take care of my siblings and education my children. My wife is jobless so I reinvested by buying for her a bale of second hand cloths to sell.Being a festive season,i would like to buy more chicken for sale.I will need 300 hens and 100 chicks for US$ 425 .This includes food and medicine.In addition , i will add some more second hand clothes for my wife to sell during this season.This will cost additional USD$140.I expect to get a profit of 45-55%.I intend to use the profit to pay school fees for my son in form 2 and the rest for family upkeep.
Loan Proposal
For my 2nd Loan I intend to keep chicken. The project will need around US200.00.
This will create benefit to me and my entire family members as the will access
which meat when they need it. I expect a profit of about 50%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Dec 14, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
United States
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