Fish farming and selling

Dominic

Kibabii, Kenya

100% repaid

Entrepreneur

Name

Dominic

Member since

August 2017

On-time repayments

9 installments  •  33%

About Me

I was born in mindhine village siaya county lake region, economic practice fish farming. I attended primary education at Awelo primary school (2008, 320/500 marks) took my secondary education at Esalwa mixed secondary school (2012, mean greadB+) went to kibabii university western kenya, studied Commerce finance option. Interested in agribusiness (fish farming) I have one fish pond and in need of financial support to boost my project

My Business

Rare and sell fish, Fish is cheap source of protein within the region, my passion to rare and sell fish is because i was born and brought up within lake region. It use $ 150 to buy fish food and supplements,then i use $5 for maintanance of the fish pond,when i harvest i sell the fish and obtain a profit of $75,which i reinvest in local poultry and pay my college fees

Loan Proposal

I will use the money to buy fish food, since the fish are growing at a high rate they need a lot of food. This will cost $30, which is more than the applied amount. I will be forced to boost the amount from other sources.
This will increase the fish yield and and increase my income there after. This will also enable steady flow of fish in my market the profit increase will be with 40% and this will be good on my side, to grow financialy

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Sep 19, 2017

Repayment status

On Time

Projected term

3 weeks

Lenders

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