Name
Peter
Member since
March 2020
On-time repayments
13 installments • 8%
My names are Njobvu Peter, am a Zambian citizen aged 27yrs, am a self motivated person who has a big desire of entrepreneurship, I have been doing business of incubating different types of poultry eggs and selling chicks to subsistence farmers, I started this business in 2019 and I thought of growing it be lending some finances.
I sell chicks of different types of birds to local farmers, I have a small incubator that I use to incubate the eggs and sell the chicks at different stages of their growth at a small scale due to low or small capital, am only able to hatch 100 chicks per week but my target is to the number 500 per week and increase the number to 1000 per week after 6 months, the funds will be used to buy more eggs and a big incubator at later stage
To purchase 4 trays for quails eggs so that I can set up a breeding stock
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
Mar 24, 2020
Repayment status
On Time
Projected term
2 weeks
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