Entrepreneur
Name
Alex
Member since
January 2019
On-time repayments
35 installments • 43%
About Me
Hello dear, I am a pottery farmer, I started with 200 birds eight years ago but progressively I'm now managing about 2000 bird, with three worker
in my pay roll , The business had helped me in so many ways, apart from taking care of my family. I have a banana plantation,A cosmetic shop for my wife, the plot of land I wish to establish if receive this loan, my house project in my home is also in progress all by the help of this farm & I pay my workers adequately. I need this loan for expansion & to also create more employment. I will be glad if you did & God will bless you. Thanks.
My Business
I love my pottery business because it's profit oriented, if I get the loan, by the end of three months I hope to managing up to 4000, and lm going to be a major distributor of eggs and different kinds of birds. I will use the money to develop the plot i just bought as follows: machine that will clear the site #30000. Blocks & cement#50000. Zinc 60000. Wood & nails 60000. Workers#80000. Water 40000. Feeds#50000. Electricity #70000. Total#44000 After building the new site, I can raise funds from the old site to purchase chicks to the new site and by six months period I will be sure to purchase a vehicle that will aid in supplying eggs & bird, and creat more employment.
Loan Proposal
Buying feeds for my birds & clearing my banana plantation,if increased be used for the expansion plus development of new pottery site .
Income Source
My banana plantation will go a long way in providing fund in case of any emergency. The farm is being harvested twice every month.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$82.00
Date disbursed
Jun 22, 2020
Repayment status
On Time
Projected term
3 weeks
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