Chicks and medication for my poultry business

Francis

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Francis

Member since

June 2017

On-time repayments

97 installments  •  25%

About Me

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.

My Business

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.

Loan Proposal

I will buy 150 chicks at $0.15 each total cost will be $22.5 the remaining amount I will buy medication.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$76.00

Date disbursed

Jun 3, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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