Name
Samuel
Member since
April 2015
On-time repayments
32 installments • 69%
I have a unique business model of facilitating poultry equipment acquisition for small-scale farmers who cannot afford upfront equipment purchases from the suppliers or manufacturers. Some of the equipment have to be imported into the country and this is beyond the reach of many farmers. My model helps farmers access these equipment rentals at affordable monthly rental fees and under very favorable terms of services.
Inspired by the same challenges, I have set up a Kienyeji Incubator rental business so that I can avail good quality incubators to small scale farmers that they can use to hatch eggs and rapidly scale up their businesses in a matter of 2-3 months for a low monthly fee. I already have a big potential market for these based on the inquiries I receive on a daily basis from farmers through my websites.
The loan will be used in purchasing and reselling farming equipment via our websites and Facebook page. These will be sold through the following portals:
http://kienyeji.org
https://www.facebook.com/KienyejiChickenFarmingManual
http://kienyejichicken.blogspot.com
http://www.kienyejichicken.com
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Jun 11, 2015
Repayment status
On Time
Projected term
5 weeks
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