I will purchase an incubator machine
Grace
Mombasa Island, Kenya
12% repaid
Entrepreneur
Name
Grace
Member since
January 2014
On-time repayments
166 installments • 9%
About Me
I AM GRACE KAMAU. iam a business lady who was born in kenya. i went toprimary and secondary school in kenya and obtained a degree in food, nutrition and diet from the nairobi university which is in nairobi kenya.. we have grown on a very humble back ground as a family of 6, at the moment i live in the coastal region of kenya trying to make ends meet. i hatch eggs and sell chicks, i also run a clinic for nutritional treatment and massage. i started the business 5 years ago. i started my business because i had a grandmother who died of cancer and so went into research
to find out how to manage this killer disease. thats how i started the clinic. i also rear rabbits and keep goats and cows. i use some of my earnings to help needy cancer patients, to add more stock and expand my business, to pay rent and to earn a living. I need the loan for business expansion for i need to put up a lab and a gym at the clinic.
My Business
I started my business which is called fight for cure in 2008, its 5 years since i started the business. i hatch eggs which i in return sell as chicks after 20 days, or bring them up and sell the eggs after they are grown, the average income per month depending on what i put in is normally double what i input in the eggs. if i input 200,000kshs i get 400,000kshs which is a very good output in any business. from the other business like rearing rabbits, cow milk, manure, hides, meat e.t.c i get
roughly $10,000 per mth because i still have a few animals. The reason i
need the money is to expand the business which will repay itself in a very few days. my business has no competition and is very profitable since it gives you double of what you input every month. at the moment the only risk is lack of power but i will invest on a big generator to cut down risks. i will use the loan to invest in the business and am sure to repay it in very few days.
Loan Proposal
I will use the loan to purchase an incubator machine, My turkeys have a lot of demand therefore i need to buy an extra machine because the one i currently have is not enough for the big job, i need to hatch about 4,000 turkeys every month. Kindly Lenders please support me to make this purchase inorder to achieve my dream. THANK YOU ALL ZIDISHA LENDERS FOR THE BIG HEART TO HELP
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Loan Info
Project Type
Classic Loan
Disbursed amount
$637.00
Date disbursed
Apr 11, 2014
Repayment status
Late
Projected term
36 months
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Lenders
United States
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