Goats for profit

Jackline

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jackline

Member since

February 2014

On-time repayments

47 installments  •  36%

About Me

My name is Jackline Polo but everyone calls me Jackie. Am an only child with 2 living parents who have encouraged me to be independent and work hard for a better life than what they lived as they were brought up in abject poverty but never gave up hope of a brighter future . Am a single mother of a baby boy called Frank who is an absolute joy and the light of my life, he motivates me to get up every morning and work twice as hard as other parents since I'm his mother and father (story for another day) my son is set to join high school this February 2015, with that comes plenty of financial commitment, so every coin my business can make will go a long way to pay his school fee. I live in south B Nairobi and it's a nice place I can't complain. I'm an entrepreneur and an aggressive business lady. I started a business because I've always wanted to be an employer rather than an employee. I've always had big dreams and I take advantage of every opportunity that comes my way, big or small. My business is still small but it keeps growing and my dreams for the future is to get into real estate. Hope u will consider my application for a loan which I will promptly pay back in order to keep getting bigger loans. Thank u and I look forward to a positive response from you.

My Business

My current business and primary source of income is a company called Kwanza Ventures that I started with my friend Lucia Bosire.
The company supplies fresh fruits and vegetables which we grow in my parents farm up country. The turn over for the year ending 2014 stands at ksh 1.2M ($13,283) This money is equally shared among the 2 shareholding partners after all expenses are paid, giving each of us a monthly income of ksh 50,000 ($561) the money is not much, but I manage it quite well and it can enable me pay back the loan.
I look forward to a positive response from you.

Loan Proposal

I started a business on the side of buying goats locally and selling at the livestock market for an attractive profit. So far I have a stock of 8 goats. This money will help me purchase a total of 3 to 4 goats at a price of $35-$47 depending on the market which then I will resell after a couple of months at $65-$80 per goat. While the newly purchased goats are still rearing and getting ready for resale, I will sell the ones I have in order to repay back the loan you give me in a timely manner. Kindly consider my request seriously and help me support my business. My main aim is to reach the highest loan limit possible to grow this business. Thank you. Best regards Jackie Polo

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 30, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

M

marycb

United States

B

bizarresmom

Willowick, United States

T

TVandenbosch

Brussels, Belgium

H

howard

Vence, France

kevinzeigler

New York, United States

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