Entrepreneur
Name
Evans Namayi
Member since
July 2016
On-time repayments
197 installments • 31%
About Me
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My Business
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Loan Proposal
I will add some savings and the last previous machine that I returned funds, to finalize the repayment of the incubator machine costing KES 60,000/- approximately 600 US Dollars. The machine has the capacity of hatching 500 chicks. This will help me start another channel of income by selling a one day old chick at KES 50/-, approximately 0.5 US dollars. The increased hatch of chicks will give those who also want to venture in large scale poultry farming a chance to access this one day old chicks easily. Handling the 500 chicks, I will need some people to manage this at a time, thus giving them a job opportunity to at least make a living from this investment. The income also will enable me to repay my sons school fees easily without difficulties, and also buy food and repay my bills easily.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$362.00
Date disbursed
Jun 23, 2017
Repayment status
Late
Projected term
38 months
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