Improve my poultry farming

Peter Njuguna Njoroge

Kandutura, Kenya

36% repaid

Entrepreneur

Name

Peter Njuguna Njoroge

Location

Kandutura, Kenya

On-time repayments

273 weekly installments  •  100%

About Me

I am 50 years of age married with 10 children, 4 girls and 6 boys. I managed to reach form four in education . After I involved myself in casuals labour until when I decided to start dairy farming. I am dealing with the said farming up to date. I am also a church minister ( Pastor). When I joined Pastorate ministry I have learned a lot and I have been helping people to be of good conduct and fear God. I have been encouraging people to work hard in order to get something to support themselves
I do stay in Kandutura farm Rongai.

My Business

I do dairy farming which support my family among other things. Ilove this business for it doesn’t have stress like other business and as a pastor, it gives me time to meet Christians as per their spiritual needs. The only challenge of this business is during the dry season because of folders and that is I am looking for an organization which would give a loan to buy folders and add one heifer

Loan Proposal

I have started poultry farming where I have 100 chicks. I started this business with the profit I get from my livestock farming which you supported me much with the previous loan. After I receive this loan I will start to construct a modern poultry houses which will hold more than 1000 chicks. The loan will help me buy some construction materials and to add the number of chicks of improve breeds.

Income Source

Since my livestock farming is doing well with no any difficulties it will be easier for me to repay the loan since I have a follow of income. Again the chicks I have, I already have a ready market where after they have matured I will be supplying my customers weekly as I add more chicks. I am comfortable in repaying my loan.

Feedback

4

None

None

  • camilberlin    Mar 19, 2017

    Paid back fully and (after a reasonable and well communicated rescheduling) on time. Thanks !

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  • helogr53    Jul 4, 2013

    Hello Peter,
    Congratulations on paying your loan back. Best wishes for continued success!

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  • rootrnet    Jun 21, 2013

    good example. keep going.

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  • eagle3    Jun 14, 2013

    Totally positive experience. I am proud of Peter's loan performance.

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Loan Info

Disbursed amount

$1,841.09

Date disbursed

Jun 9, 2020

Repayment status

On Time

Projected term

17 months

Cost to entrepreneur

Service fee: 10% of $1,841.09 = $165.53

Credit risk payment: $248.29

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