Loan to boost my poultry products business

Margret

Eldoret, Roadlock Estate, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Margret

Member since

January 2016

On-time repayments

79 installments  •  0%

About Me

I grew up in Western Kenya, at a place called Matisia area and life was not that smooth. We had financial difficulties in our family. there has not been that much change, especially in terms of lifestyle. Sometimes it is hard to provide that so important meal of the day or even offer support to my elderly parents.
My dream is to make a difference in my life and my community. To the world a better place than yesterday. I hope this loan will enable me to achieve that dream.
I have become more knowledgeable in regards to business life. I was naive before, and unaware of the potential untapped in me. Now I know

My Business

Since the month of March 2014, I have been doing the business of poultry farm, with a goal of selling the products to people in my home area. I thought this business will help me have a a better life. Now,my goal is to expand my business my starting another product line of selling solar lights from TOTAL Kenya. They will help the people in my community to have access to cheaper light for a better lifestyle. The proceedings form this business will help me to even expand my poultry farm.

Loan Proposal

I am requesting this loan to add more stock to my business. More customer kept on coming to buy my products but some times it finds me i am short of finances that will help me to meet their needs and satisfy my clients. This will boost my profits further with a margin of 30% compared and now where my business plays at 12%. I am hoping that it will further grow to give me a stable income. this loan of $150, I will dedicate all of it to purchase medicine for poultry and distribute them to the clients in need right now.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 7, 2016

Repayment status

Late

Projected term

19 months

Lenders

KM

British Columbia, Canada, Canada

PG

Paul Graham

United States

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