Name
Moses
Member since
November 2014
On-time repayments
236 installments • 78%
I'm a father of two children and a husband, a God fearing person,i practice organic farming, my business is are purely in agriculture in poultry, bee keeping, and avocados, I have been doing farming now for over 10 years.
my main business is poultry farming, and bee keeping, generally I do Agri business, I sell eggs, I sell chickens, I sell honey, I sell avocados, and sometimes depending on what is the market that is what I go for, to provide service to my clients and earn a living. My main activity is the poultry business because I sell eggs and chicken for meat, my poultry are pure organic or kienyeji or otherwise known as free range chicken.
The loan will help be upgrade my farm to a modern poultry farm, I want to buy an incubator that has a capacity of 100-200 eggs, which will cost 45000 kshs, solar panels which will cost 35000 kshs, Battery which will cost 15000 kshs, cables and bulbs which will cost 5000 kshs, Fridge which will cost 18000 kshs, Food for the chickens which will cost 30000 kshs, Renovations of the poultry house which will cost 16000 kshs, medications for the chickens which will cost 8000 kshs, on an average I make 80,000 kshs a month from the chicken business, on a great month I make above 100000 kshs, I feed, cloth, pay rent, pay school fees, and take care of my family through this business, the profits will enable me grow to a big business, where I will even start to teach on farming how to get skills. With the modernization i will be able to sell one day old chicks, and eggs, i will be able to make profit from three sources, chicks, eggs, and meat, plus now i will be able to up my business from retailing in local market to even supermarkets. my modernization plan will zero electricity bill, since the incubator has be on continually without going off, i will only have to get enough food and medications and build a great house that has more space and warmth.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,685.00
Date disbursed
Jul 3, 2018
Repayment status
On Time
Projected term
7 months
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