New battery and hydraulic oil for my air compressor
John
Miritini, Kenya
$0 to go
100% funded of $15 goal
0
days left
Entrepreneur
Name
John
Member since
July 2013
On-time repayments
74 installments • 24%
About Me
i am a 29 year old with a BSc. in Environmental science.i am an environmentalist by profession and i started a small agro-business in my local community that involves poultry keeping. i rear ducks and local chicken breeds that is a delicacy in my locality.i stated the business right after compleating my studies so that that i could engage myself rather that waiting for any meaningful formal employment. from an initial capital of 1800/= that i was given as a grant by my family i firstly purchased 3 ducks from a local farmer which i later incorporated with the local chicken breeds
My Business
my initial source of income and capital for the small poultry business was a grant that i was obtained from my family.over the few years the ducks and chickens have multiplied rapidly hence the revenue from the sale of poultry products increased by 70% over the years. i sell eggs on a daily basis about 20 duck eggs at 20/= translating to 400 shilling daily and i sell 10 chicken eggs at 10/= thus the gross daily income is 500/=. the daily cost sums to about 250/= giving me a profit margin of 250/= daily.i predict a potential of 30% growth if i purchase an incubator . this will reduce time waste by the incubating fowls hence maximizing on the revenue.
Loan Proposal
i will purchase a new battery and buy 5 liters of hydraulic oil for the machine to function properly
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Loan Info
Project Type
Classic Loan
Amount requested
$15.00
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