Irene
Mombasa, Kenya
100% repaid
Name
Irene
Member since
February 2016
On-time repayments
187 installments • 56%
I am Irene Wambui, born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy. I am married with two kids, a boy & a girl. After college, I worked with a medicine firm for two years as an employee, and later ventured into business after getting married due to low wages.
Currently, I have a poultry rearing business and it's doing well, going with the way it started. Poultry keeping is a good business but a tricky one because it needs a lot of one's time with birds. My wish is to expand my business and target the bigger market.
As mentioned above, I am a poultry farmer. I normally buy one day old chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches so that I sell 200 birds after every two weeks.
This is a profitable venture but it has its own challenges, such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well. I get a net profit of about USD 200 per month.
Dear lenders, after a successful repayment of my first loan which was very helpful, my next project is to modernize my coop to keep up with market competition. The cost of this project is as shown below.
Construction materials 200 USD
Labor 50 USD
I will top up my feeds stock with the remaining balance.
This kind of a coop will ease my work especially on watering and ventilation .
Am Irene Wambui born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy.Am married with two Kids, A boy & a girl.After collage i worked with a medicine firm For two year as an employee and later venture into business after getting married due to low wage.
Currently am in a poultry rearing business and its doing well,going with the way it started. Poultry keeping is a good business but tricky one because it needs a lots of ones time with birds. My wish is to expand my business and target the bigger market.
As mentioned above, I am a poultry farmer. I normally buy one day chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches such that I sell 200 birds after every two weeks.
This is a profitable venture but I has its own challenges such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well and I get a net profit of about USD 200 per month.
Dear lenders, after a successful repayment of my first loan which was very helpful, my next project is to modernize my coop to keep up with market competition. The cost of this project is as shown below.
Construction materials 200 USD
Labor 50 USD
I will top up my feeds stock with the remaining balance.
This kind of a coop will ease my work especially on watering and ventilation .
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Jul 9, 2016
Repayment status
On Time
Projected term
14 months
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