Name
Angles
Member since
May 2021
On-time repayments
33 installments • 70%
M usey name is Angels Mulenga and I live in Mongu, Western Province of Zambia. I work in legal organization of semi government and iam running a chicken run on my plot number 6449 kasima , where I have built a pottery .iam rearing broilers,currently I have 150 birds which are 4 weeks old and after two weeks they be ready for sale,the capacity of my chicken run is 600chickens.the markets is available for selling to local restaurant at k70 each.but iam failing to meet the demand due to lack of capital ,if I can be able to buy 600chicks I can make k42,000 after six weeks.
My business I sell chickens the broilers to the restraints in mongu town,currently I have 150 chickens waiting to be sold ,two weeks ago I sold 240 chickens at k70 each and iam using the same money to buy feed for the chickens currently in my chicken run and I want to buy some more 100 chickens on 01st June,2021 out the money I raised from my previous sells .besides I earn k8000 as my monthly salary where I work as a public prosecutor
I want to boost my chicken project business as iam intending to order more chicks of 500,so that my business grow and the one iam distributing which are ready for market are 300 ,I want to increase by 200 hundred on top of 300 which will make a total of 500,the chickens are trading at k90 in mongu town of western Province of Zambia .so if iam given iam intending to grow my financial capacity of business
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$56.00
Date disbursed
Jul 21, 2021
Repayment status
On Time
Projected term
1 week
Other loans
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CMB Jul 3, 2021
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