Name
Dorcas
Member since
December 2014
On-time repayments
146 installments • 69%
I am married with four children.
I was born and brought up in Kirinyaga County, while my spouse grew up the neighbouring Embu County.
Two of my children are in secondary school, while the eldest is preparing to join college.
My husband and I have raised and educated them through small businesses.
Currently I am involved in buying and reselling chicken.
I have for the last seven months been involved in buying and reselling live chicken.
I discovered the opportunity a year ago, after I relocated residence from Wangige, Kiambu County, to my current location on realizing that the same chicken which sell at $ 4 in Wangige, retails at $ 5 in Kitengela, earning me $ 1 per one.
I currently trade in 20 chicken per trip, which leave me approx. $ 15, after factoring in transportation costs.
I wish to double my stocks to take advantage of increased demand, as well as earn a higher profit margin, since transportation cost will remain relatively the same.
I have for the last seven months been involved in buying and reselling live chicken.
I discovered the opportunity a year ago, after I relocated residence from Wangige, Kiambu County, to my current location on realizing that the same chicken which sell at $ 4 in Wangige, retails at $ 5 in Kitengela, earning me $ 1 per one.
I currently trade in 20 chicken per trip, which leave me approx. $ 15, after factoring in transportation costs.
I wish to double my stocks to take advantage of increased demand, as well as earn a higher profit margin, since transportation cost will remain relatively the same.
I am therefore requesting for this a loan of approx. $ 100.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Dec 9, 2014
Repayment status
On Time
Projected term
4 months
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