Chicken business

Samson Shume

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Samson Shume

Member since

May 2017

On-time repayments

149 installments  •  74%

About Me

am a kenyan i grew up in a humble beggining hence i kno to sleep without food . i undertook my childhood education with alot of difficult. will to venture in business already in business but at time meet challenges on capital part.

My Business

am currently employed need to have adittional source of income well i do buy and sell new men trousers hence need some cash to fund the business since it has been quite doing well of late since have captured many customers hence it iwil be ideal to be indepent not not depend on salary alone

Loan Proposal

the loan am applying intend to purchase 65 chickens @ 600 =39000
The balance will use for transport .
The benefits of this business is that will create employment to two young men and also will create economic empowerment to the community that will purchase the chicken.
The profit i expect to make 50-60% and thus i intend to use a certain percentage to donate to a children home.

Feedback

2

None

None

  • Paul Thompson    Feb 13, 2020

    Well done getting your loan repaid, I hope your business is growing and maybe we'll be able to help you again soon.

    Log in to reply • Share
  • Tobias Otta    Feb 4, 2020

    100 % repaid. Thanks and good luck with your business!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$419.09

Date disbursed

Aug 8, 2019

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $17.66

Credit risk payment: $67.10

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