Loan for buying a pig

Mark

Nambale, Kenya

100% repaid

Entrepreneur

Name

Mark

Member since

November 2017

On-time repayments

21 installments  •  57%

About Me

Am Mark ndubi a kenyan. i studied at nambale primary and later joined lugulu a.c secondary school.i managed to overcome my hardships life through guidance and counseling from my friends and parents, reading motivational stories. i started business from my own savings by selling bicycle spareparts as a hawker then i openea smal shop. i like readind and writting.

My Business

i sell bicycle and motorcycle spareparts, They are in demand due to the fact that most people in our area use bicycle as a means of transport hence need for the spareparts. my typical cost and revenue amount to ksh30,000.i use profit to increase the stock and sustain myself financially.

Loan Proposal

i will use the loan to buy a pig, this will cost ksh. 1500. this wil be much beneficial to me, since i have some pigs which are yet to deliver, adding a new pig in the farm will make the rearing easier since i had no pig to fertilize the curent ones after they deliver. this will also be beneficial to the comunity since the bow wilserve many sow in the community, i expect an icrease in profits in the near future since i will have more pigs which i can sell at a maximum price of ksh 8000 per pig, this will help me pay my siblings school fees

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Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Dec 17, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

K

Kenny

United States

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