How it Works
Entrepreneur
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.
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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
CT, United States
Westerbroek, Netherlands
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