Entrepreneur
Name
Francis
Member since
December 2016
On-time repayments
93 installments • 66%
About Me
I grew up from a humble Christian background. Went to school and graduatedin the faculty of business administration.With the low uptake in the search for white collar jobs,I ventured into small scale farming that over the years have seen me progress and even aspire to upgrade further with access to affordable finances. The land where we live is fertile and suitable for farming. My kids would like to be medical practitioners. My hobby is rearing chicken.
My Business
The source of business income is from a savings group Sacco.Mainly I deal with sale of eggs and chicken meat. Health wise the products are nutritious and also affordable. The business is easy to run and with proper planning, overhead costs are minimal.Typical costs include feeds and treatment for the flocks. Currently the profits are used to meet my children educational expenses with a view to future growth and reinvestment.Thankyou for the trust and confidence.
Loan Proposal
Purchase of chick feeds for the ongoing project.This will uplift the start up batch of birds that I intend to keep.Chick start at a cost of 3$ per kilogram. This boost of finance will enable me to expand the poultry house with the profits I have saved. This in the long run will improve my profit margin by 12%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Jan 8, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United States
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