Entrepreneur
Name
Oscar
Member since
October 2016
On-time repayments
35 installments • 34%
About Me
I was born and raised in a remote village of mukuyu in kakamega county. life was difficult due to abject poverty . however with the little that my mom could afford from her food vendibg businness I managed to make it through primary, secondary and college education. I qualified with a diploma in business administration but job seeking became anither hell as it bore no fruits. I therefore decided to venture into small scale chicken rearing business.which I still do upto now
My Business
my business is chicken farming. I rear both broilers and layers hence pumping into the market fresh chicken meat abd and eggs. my goods are in high demand since the place I operate from has a dense diverse population that gives a high demand for different varieties of foods. in a day my running costs are approxinately 700 kenyan shillings which in the long run gives me a daily revenue of about 1000 kentan shillings. the profits I realuse from my business is used to expand the business and also cater for daily running costs.
Loan Proposal
I will buy seeds, fertilizer, and also pay the workers. The total amount will be more than my credit limit but I will top up with the little I have to make me be able to finish my project. After several months I will get enough yields for food and sale. With this I will b able to feed my family and sale some. I expect good amount from the sales and remain with enough to sustain myself and family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Jun 3, 2017
Repayment status
Late
Projected term
2 months
Other loans
Lenders
Oslo, Norway
United States
United States
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