Entrepreneur
Name
Richard
Member since
February 2015
On-time repayments
110 installments • 27%
About Me
Mr. Richard Moseti Mongare is a graduate in Business and Management has expertise and knowledge farming that has helped raise school fees for my studies in campus. During long holidays i could manage the family farm as well teach in the nearby secondary school. Support is required to boost my small-scale project in the fields of agriculture (poultry keeping) on economic development. Currently i have constructed poultry house that can keep 100 chickens. After the construction of the house i got accident that made me spend all savings that i could have used to purchase the chicks.
My Business
My business is to raise Kienyeji chickens that are on high demand in the market. Maturity of the breed i intend raise is four months and would weigh up to two kilograms if well fed. The prevailing market price for one chick is Kes. 100 and a mature chicken goes for between Kes 650 to Kes 700. Hence making the venture more profitable. The profit i will get is to expand the business.
Loan Proposal
I will use the loan for the purchase of two weeks old 20 chicks at $2 each, feeds for the first time layers in a months time and chick mash for the 25 chicks already delivered at a cost $50 and $40 respectively, feeding equipment's at $35 and vaccines at $20 . Thanks Zidisha Team for the support you continue to give me.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$189.00
Date disbursed
Jun 3, 2015
Repayment status
On Time
Projected term
6 weeks
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