Building a new chicken house

Enid Rachael

Kericho, Kenya

100% repaid

Entrepreneur

Name

Enid Rachael

Member since

December 2016

On-time repayments

154 installments  •  81%

About Me

Self determination and motivation are key to success.

Intensive research and team work is best in business.

Focus should never be lost in business.

My history:

Had a humble childhood beginning. Went to a rural school. Overcame the challenges that come with growing in a rural setup through encouragement from parents and self motivation to work hard.and become better later in life. Started up business through networking and research. The land and culture is uniquely positive and supportive.

My Business

Wholesale kind of business, farming and engagement in other micro businesses.

Determined to grow and go international.

Intention of opening another business to support the current one.

The goods and services offered are buying and selling clothes, shoes, jewellery, watches, among other items. These are items that are used frequently on a day to day life. This is the business that can offer better returns and at the same time satisfy the market. Fixed costs are like rent, labour and electricity.
Profits are ploughed back in business and some are for domestic use.

Loan Proposal

The loan am about to take will be used to open another business like this one but in another town so as to serve a wider community.
It will assist in constructing a new structure for the chicks and purchase the chicks.
It will also be used to purchase more feeds for the already existing business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$260.01

Date disbursed

Sep 11, 2019

Repayment status

On Time

Projected term

17 months

Cost to entrepreneur

Service fee: $10.95

Credit risk payment: $65.73

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

roark22

Geneva, Switzerland

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

M

Margaret

United States

JH

Joseph Hwang

Houston, United States

Julie

United States

World Centric

Sonoma County, California, United States

Sayuri

United Kingdom

N

Nate

South Strafford, United States

M

Mike

Wyncote, United States

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