Loan to build a modern kennel

Bernard

Ongata,rongai, Kenya

100% repaid

Entrepreneur

Name

Bernard

Member since

January 2016

On-time repayments

48 installments  •  79%

About Me

Good to get a chance.
I am a young and energetic middle age man, having been born and brought up in a rural area. During my childhood, i was taken to school and managed to study up to a college level where i did a Diploma in business management. Later on I moved to town where I started
Staying with my Brother. While at my brother's house I used to help him with his business of rearing high breed Dogs for sale. This took me three years and I was being paid some money for the work. Later on, my brother happened to have passed away and I was left under the care and management of the business. I took over the business and this was how I fortunately or unfortunately overcame a hardship and opted to work hard to be self employed. What is unique about the land I live is that people in the community do extend their help to the less unfortunate and needy in the society.My children would want to be educated and stand a chance to get skills to get jobs or be entrepreneurs.
My unique hobby is that i love jogging,watching football and being a community volunteer.
Than you.

My Business

My business is in supply of security help products to private security firms and individuals in Kenya.
These products are always on high demand because they help in beefing up security both in homes and in work place when trained by professionals. I choose this type of business because it is most profitable am well experienced and i love doing it very widely. Most of my typical cost is cost of food for Dogs, drugs and injections as well and labor and breeding.
My Profit mainly goes towards meeting these costs and and paying for my own bills. Others goes towards helping my parents back home and community through my church.

Loan Proposal

Well, with my first loan, i will first buy Injection drugs and vaccines at a cost of USD18.00 and USD14.00 Respectively.
On the budget also will be Food stuffs at a cost of USD24.00 and a Dust coat at USD4.00.
This will boost me as I wait the professional training to commence and deliver the already ordered before the end of February. This will fetch me a good amount of money. Now with food to last me for more days I can extend the training up to professional level and instead will sell the two dogs each at USD300.00 instead of USD200.00 each.
My profit will go up by USD100.00 per dog.
This will be overwhelming and great profit to me.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 4, 2016

Repayment status

On Time

Projected term

5 months

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