Help me buy a cock

[email protected]

Mudete, Kenya

100% repaid

Entrepreneur

Member since

August 2017

On-time repayments

36 installments  •  94%

About Me

My name is Arunga Mathews a Kenyan citizen aged 27 years. I was born and raised in Vihiga county in kenya. I have a degree in business management. Am a first born in a family of 3 siblings. I've always been into business since I joined High school until now.

My Business

I run a printing business in Mudete market. I also rare poultry. I ventured into this printing business 8 months ago and it is doing well. I chose this kind of business because people in my village used to spend Ksh. 100 (1 dollar) or more as bus-fare to go to nearby town to get the service and also because it it what I used to do in college to get money for my personal expenses. I have helped reduce this cost for people around and beyond the market centre where I reside. I pay Ksh. 3500 for rental space and I have been making Ksh. 10000 monthly as profit which I expect to increase since I am still advertising the business. I have one employee who manages the poultry while I take care of the printing. I sell eggs at Ksh. 320 (3.08 dollars) crate a mature hen at 600. My poultry business makes Ksh. 5000 as profit every month and it is also doing well.

Loan Proposal

I would like to purchase one adult male bird to improve on the chicken breed I currently have. One (improved Kienyeji) cock sells at 1700 (16.8 dollars) from Kenya Agriculture and Livestock Research Organization (KALRO) branch where I am located. This has breed is more resistant to diseases and this will help me save more.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Mar 8, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

JA

Jared Anthony

CT, United States

Paul Buchheit

Mountain View, United States

G

Gemma

Australia

RE

Robin EJ Spelbrink

Westerbroek, Netherlands

E

Eva

Montreal, Canada

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