Entrepreneur
Name
James
Member since
October 2017
On-time repayments
24 installments • 100%
About Me
Am James Maina born and raised in kenya. I joined st Anthony secondary and after I completed my o'level education was unable to join college due to financial difficulties. I was employed in a workshops and after two years I decided to be my own boss. I started small business which stayed for long without picking though I did lose hope.
My Business
After I employed my self my business of sell pop corns did work well. I changed the business and started buy eggs from farmers which has been helping me till today. This business has been enabling me meet my daily needs, saves and also pay rent. It has grown gradually since I have started supplying to small hotels in town.
Loan Proposal
With this loan, I have planned to use 100$ to buy 25 medium chicks for layers @ 4$ each and buy 70kg chick feed @22$. I have made a good shelter where they will all grow in. I found this idea more fruitful and more cheaper in regard with my business since once this chicks grow up and start laying eggs it will boost my business and profit will rise since at the moment am able to sell 50 trays of eggs and each gives me 1.5$ and this sum up to a total profit of 75$ a day. This will help me pay loan, meet my daily living, save and be able to feed my chicks. Thank you in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$122.00
Date disbursed
Apr 27, 2018
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
Australia
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