Name
Francis
Member since
June 2017
On-time repayments
97 installments • 25%
I'm a fourth born in the family of eight. I was born and bred in Mpika a small town in the Northern province of Zambia. Upon completion of my grade twelve I ventured into a small business. I raised some supplement for my college costs. I'm currently working for the mining company. I am now married living with a kid.I like making gardens and I have lived like that so gardening to me is my hobby because there is no single day that have passed without me doing a garden.
If I'm funded I'll be able to buy
100 chicks which cost about $120,I run two small businesses. I have a hardware store and a poultry business. My plan is to get into business full-time and leave my full-time job. So I have decided to join zidisha so that I can be able to increase my capital base.
So far I have a contract with a restaurant am supposed to be supplying 60 chicken pay month. This will give a profit of $200 if I sale 100 chicken.I want to be buying 100 chicks twice in a month or 200 in a month which will be costing $240.
I use some of the profits I make to pay school fees for my niece at college who is studying clinical medicine at Zambia medical university.
If I get a loan I will be able to buy chicks for my poultry and medicine to use in preventing diseases and curing. 100 chicks $50. Chick formula $2, stress mix $3,interflox $5,multi vitamin $5,disinfecter $7and broiler starter $23 the rest l will use for transport.
This will make me start raising health birds because medicine and feed will be readily available
Am expecting my business to increase by 50% because I will reduce mortality rate and the number of chicken will increase.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$118.00
Date disbursed
Jul 29, 2017
Repayment status
On Time
Projected term
2 months
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