Name
Mike
Member since
May 2014
On-time repayments
83 installments • 31%
I am college graduate with telecommunication engineering but I was not priviledged to get employed hence I decided to venture into farming,currently I am supplying local residents with fresh milk directly from my cows,I would like to use the funding to increase the number of cows and also to buy refrigerators,a challenged I have right now is keeping milk fresh for a long time,
I am also keeping chickens that are producing eggs
Currently I will use the proceeds from my farm produce to repay the loan,I have 50 chickens 30 of them laying eggs,I get 30 eggs in a day plus or minus 3
,this give me a total of $ 5 a day and also I have 5 cows producing 40 litres of milk a day,this gives me $ 15 consideration also that I will use the loan to expand this I am not only certain to repay your loan but also to repay it on time
Since i purchased iron sheets and timber using my last loan.I Now wished to buy cement,nails,hard core,wire mesh and labor payment from my next loan.My cows have been sleeping on an open field i would like to built them a shed from heavy rains and cold.Also my chicks have been dying of cold and they are been taken away by the eagle that's has necessitate the need for their house.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Oct 9, 2014
Repayment status
Late
Projected term
17 months
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