Inuka loan

Earnest Makau

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Earnest Makau

Member since

December 2014

On-time repayments

146 installments  •  66%

About Me

i am a humble God fearing gentleman.i completed my secondary school education in the year 2009.later i joined KCA university in the year 2011 were i did my cpa part 1.
In the year 2012 i joined mill bakers ltd in the sales department.After working for a year in mill bakers i decided to quit job and resumed back to school. in September 2013 i got my current job in good testimony group of school.out of my small saving i have been able to start my poultry farming.i do incubate eggs where after hatching i sell to clients who are are readily available in the market

My Business

i started my business in July 2014.this was after broad consultation with business advisers and friends.with ksh 120000 i managed to buy an incubator which has a capacity of 528 eggs.At least par hatch i can produce 350 chicks which i sell in 2 weeks time at a cost of sh 200.so far the business i can say its progressing well

Loan Proposal

I am planning to buy feeders for my chicks with the loan and also purchase some vaccination for them.By doing this i will save on cost of losing my chicks.as a result i will have increase sales an my client will have trust in my products

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.09

Date disbursed

Dec 9, 2014

Repayment status

On Time

Projected term

7 weeks

Cost to entrepreneur

Lender interest: $50.09 at 9.26% annual rate over 1 month = $0.69

Service fee: $0.28

Lenders

McJulio

New Jersey, United States

J

jbhernan

United States

M

MigwiK

Brecht, Belgium

HL

Holly Laird

Austin, United States

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