Name
Alfred
Member since
October 2014
On-time repayments
66 installments • 3%
my name is Alfred Kirui, a 33 year old IT professional and currently venturing into Chicken farming, which had stalled due to land issue which has since been resolved
Main income source is permanent employment and a little from chicken sales. Employment income is received on 25th and the poultry income depends on how many eggs are produced within the week.
I intend to use the loan to buy mushroom substrate and also the growing medium.
This will cost about 10000kshs and therefore with this loan, I will need to add up to the required amount. The cost of substrate is kshs 600/ kg and Am looking into buying 10 kgs. The cost of growing matter is about 3000 as this will be the initial purpose only. In future i plan to make the material from available products.
There is also the cost of employing labor which I intend to spend 5000 per month and hence before selling of the first harvest, I need to incur another 10000kshs.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 10, 2014
Repayment status
On Time
Projected term
13 months
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