Entrepreneur
Name
Peninah
Member since
June 2012
On-time repayments
11 installments • 0%
About Me
am a widow with 4 children who are all schooling. i live in kiptagwanyi center 42 kilometer from nakuru. i live in my shamba plot no 456 . i started this business about 4 year ago when my husband pass away and i didn't know what to do to cater for my family need .it is a good business because the money i get i pay my children school fees and family food and the lest i save for my kid secondary school
My Business
my business entail in poultry rearing like broiler and layers .the business is marketable and the demand of my product like egg is in a high demand within this area the money i get after selling my chicken it about 50,000 after deducting the cost of 1000 bloirers .the money i used to buy another chich , i used about 35,000 and after the poultry became ready for market which is 6 week.. the main challenge is luck of adequate finance and high price of chicken mash that i use for my poultry .high price of commodity that is usually accelerated by drought
Loan Proposal
dear lenders i want to add more broilers in my poultry business because we are approaching festive season and many people prefer to eat chicken,last week i sold my whole stock and the money i get made me think that if i can be funded quicker i will add the money to the one i have so that i can buy about 500 broilers which grow in 6 week so by December i will have something more to sell and get better profit.at that time the business became very profitable because of demand of this product.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$418.00
Date disbursed
Oct 25, 2012
Repayment status
Late
Projected term
12 months
Lenders
Southampton, United Kingdom
Luxembourg, Luxembourg
Tempe, United States
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