Name
Peter
Member since
January 2014
On-time repayments
57 installments • 12%
My name is Peter Ndun'gu Gathama, I schooled in global institute and did management diploma, I was born and raised in mombasa. I was born in a family of twelve children. I am a very aggresive business man. I started my poultry farming business so that i can be able to feed my family and achieve my dreams in life. I use my business earnings to pay rent, pay bills, savings, cater for my family's primary needs. I need to expand my poultry farming business inorder to grow to the next level. I am promising my lenders that i will be in a position to repay all the loans given to me.
I am a poultry farmer based in mombasa county in kenya. I farm various types of birds like quails, turkeys, chicken, doves, peackocks, guinea fowls just to mention but a few. there is a very big demand for both their eggs and their meat in the hotels of the coastal region of mombasa region. I actually cannot meet the demand that is there. on a typical month my sales are 150,000kshs, costs 100,000kshs and therefore the profit margin is 50,000kshs. I need the loan to expand my business and meet the demand of all my clients.
I will add more poultry, i need to add more chicks and especially for peackocks and turkey to my flock. There is a very big demand for both their eggs and their meat in the hotels of the coastal region of mombasa region. This will help me to earn more interest and meet the demands of my clientelle. Lenders please help me make this purchase so that i can achieve my dreams and meet the demand.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$40.00
Date disbursed
Feb 4, 2014
Repayment status
On Time
Projected term
3 months
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