Loan to stock up on animal feeds and farming products

Faith Wangechi

Baricho, Kenya

100% repaid

Entrepreneur

Name

Faith Wangechi

Member since

June 2015

On-time repayments

241 installments  •  12%

About Me

My name is Faith Wangechi Muriithi. I am a mother of 4. All of my adult life, I have been working to make sure my children have the best in life.
Despite all the difficulties along the way, my husband and I managed to take them all through University through business and employment. Currently, we are running a small animal feeds shop in our home.

My Business

After retirement, we opened a small animal feeds shop in our home town. Baricho town is in rural Kenya, Kirinyaga County where most of the people get their daily income from farming. An animal feeds shop, therefore, came in handy for the local population.

Supa Stores Agrovet is open 12 hours during weekdays and Saturdays and during the afternoon on Sundays. We like to be available to our clients when they need us. During the duration we have been open, there have been a few challenges some of them being, clients have specific types of feeds they like to feed their livestock. Sometimes, the exact brand needed is not available immediately. We would like to curb these challenge by stocking our shop so that our clients have whatever they need at the convenient time for them.

Loan Proposal

I run a small agrovet shop in a small town in Baricho, Kirinyaga County. I would like to apply for a loan to stock up on animal feeds and farming products for our agrovet shop.
Considering a lifetime membership fee of 3000, I would be getting KES 6000 which will help to purchase at least 1 bag of Chicken feed at around KES 2500, and 1 and a half bags of Cattle feed at approximately 3400. This will later be repackaged in small quantities in order to sell to the local farmers who buy in small quantities.

This loan would really help my business and possibly increase my daily income by at least KES 200. I therefore appeal to the lenders to fund my loan.

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

2 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

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