Entrepreneur
Name
Eddy
Member since
January 2014
On-time repayments
18 installments • 50%
About Me
Testing
My Business
tester
Loan Proposal
Dear Lenders
The loan shall service the following
(1) Chicken/Quail structures
(2) Land Preparation
This is my first time venturing into farming and as such i have minimized expenses by offering services (in my forte- web development) in exchange for the things for example i have agreed to create a website for Jane's quail farm (facebook) in exchange for about 100 quail, i also have done the same with Kelvin Gichohi Quail Incubators(facebook) and i am now the proud owner of an incubator, This has reduced the cost of starting up, i will need to buy chicken, if the same deals i have done for the quail and incubators do not come to fruition, as such THE CHICKEN/QUAIL STRUCTURES , are of utmost importance
On the land preparation for the Greens i intend to grow , Kale's, spinach, African night shade (lol not the poisonous variety) carrots , coriander, tomatoes and a number of indigenous plants that are of high demand in the area, the land preparation will ensure the soil is ready and reduce the chances of a failed harvest, as such the LAND PREPARATION is of utmost importance.
The sale of the above greens which are on high demand will initially help settle the debt, i also have a stable business which will come in handy in terms of aiding in the loan repayment. The chicken and quail are a long term investment and i believe the next loans should i succeed in getting a loan will dwell on expanding the chicken and quail sectors of the farm.
Subsequent Loans shall be paid at a much faster rate, after the business has stabilized
Hopefully the above information will help you understand my quest
Thank you
Eddy A.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 8, 2014
Repayment status
On Time
Projected term
4 months
Lenders
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