Expand the size of my poutry house due to increased hatching

David

Ilinge, Kenya

100% repaid

Entrepreneur

Name

David

Member since

February 2015

On-time repayments

321 installments  •  26%

About Me

My names are David Mutiso i came from a rural called mwala in KENYA,where i struggled to gain education ,i would walk for around 10km to my primary school,,I have really struggle with life and now i thank GOD am graduating this year ,am small scale poultry farmer,,,i usually support my family with all what i get from the poultry business.my hobbies are travelling and singing sacred songs.

My Business

my business is usually farming which have seen me overcome all my financial challenges in life,started poultry business after realizing the demand for chicken was very high and even today the demand is still very high,,,chicken are very resistance to diseases and bring very good returns,,i usually uses my profits for re investment and educating my siblings..The typical cost is about 20000ksh and the revenue is about 40000ksh,Now due to savings from poutry farming i have ventured in dairy cow farming which now i humbly request you to fund my loan towards purchase of freezer to store milk in order to store my milk while am marketing it so as it cannot go bad

Loan Proposal

I owe lenders great thanks for loaning me my first loan,you made my poultry business grow ,this have lead to positive impact on my family,my business and my community too.From the initial loan i was able to buy the incubator which have tremendous increased the number of chicks being hatch .i can happily say that my sales and my customers have increased ten times more.My earning have increased by 60-80%.I now want to request lenders to advance me a new loan in order to expand the size of my poultry house so that the house can accommodate the increased continuous hatching from my egg incubator ,i will spend the whole loan in putting up the structure,,,,with the expansion of the poultry structure this will double the production of the farm.I promise i will repay for the loan accordingly.I thank my lenders in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$144.00

Date disbursed

Apr 13, 2015

Repayment status

On Time

Projected term

9 months

Lenders

JimVandegriff

Trinidad, California, United States

Paul Buchheit

Mountain View, United States

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