Inventory for chicken feeds and buying more birds
Ronald
Nakuru Town, Kenya
3% repaid
Entrepreneur
Name
Ronald
Member since
December 2014
On-time repayments
121 installments • 2%
About Me
lam ronald onyango born and raised in nakuru county nakuru town l went to kimathi primary school and later joined jomo kenyatta high school and later on went to egerton university college and graduated with degree in agriculture
lam married blessed with four kids three attending school
after completion of university l was loaned by one of my friend money to start poultry keeping because the demand for white meat was very high,so l saw the avenue of making money and lam making a living out of selling this poultry to my customers
my children have the passion of persuing my business the first born has already bought three birds an is looking forward to have more birds in future the other two wants to practise law and teacher but they normally say thay will do poultry keeping as an extra business
my hobbies are making new friends and travelling
My Business
lam a businessman in nakuru town rearing poultry.nakuru is a cosmopolitant town and has a large population of people hence many hotels that provide market for both egg and chicken meat.i have a contract to supply three hotels near my home and as such the demand for the poultry is guaranteed.
i chose this business as it is profitable and i have had an experience keeping poultry so it was the ideal business for me as it also gives me the required revenue to live better in nakuru and make my family live comfortably.
this business is profitable and the revenue i get is between $120 and $180 .with this revenue i expand my business and buy the feeds for the birds and also take my children to school.
Loan Proposal
thanks zidisha for providing this platform of lending to small business people like us. when i get the money i will use it the following ways. i will put $40 into chicken feeds $60 to buy birds this will go a long way in improving my business as more birds means more profits more so during this season of festivities and chicken is a delicacy in kenya during festive season.
the money l will get from selling this birds i will use it to pay school fees repay my loan and improve living standard due to high cost of living
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 30, 2014
Repayment status
Late
Projected term
28 months
Lenders
Freeville, United States
Mountain View, United States
United States
United Kingdom
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