Earnest
Nairobi, Kenya
100% repaid
Name
Earnest
Member since
December 2014
On-time repayments
146 installments • 66%
i am a humble God fearing gentleman.i completed my secondary school education in the year 2009.later i joined KCA university in the year 2011 were i did my cpa part 1.
In the year 2012 i joined mill bakers ltd in the sales department.After working for a year in mill bakers i decided to quit job and resumed back to school. in September 2013 i got my current job in good testimony group of school.out of my small saving i have been able to start my poultry farming.i do incubate eggs where after hatching i sell to clients who are are readily available in the market
i started my business in July 2014.this was after broad consultation with business advisers and friends.with ksh 120000 i managed to buy an incubator which has a capacity of 528 eggs.At least par hatch i can produce 350 chicks which i sell in 2 weeks time at a cost of sh 200.so far the business i can say its progressing well
First of all i will use this loan to finish the chicken house which is almost complete.That is,roofing and plastering.This will cost me an average of 110 dollars.Also i will use part of the remaining amount to purchase food for the chicks for the first one month.I want to expand my business in such a way i have variety of chicks depending on age.This will see me meet the expansive demand in my region.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Feb 4, 2015
Repayment status
On Time
Projected term
8 months
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