New seeds for my farm

Allan

Hamisi, Kenya

100% repaid

Entrepreneur

Name

Allan

Member since

July 2015

On-time repayments

38 installments  •  34%

About Me

I am a businessman and a small scale farmer too
Currently working in an IT firm and doubling it up with agriculture (cash crops) and chicken rearing for my day-to-day business to support my family too.
I am therefore applying for this loan to strictly help me acquire more materials for my businesses and my farm.
I started my business way back in 2012 and despite some struggles in the beginning I was able to stabilize more so because of this platform and am managing well at the moment.

My Business

Poultry farming and mixed farming.
I am venturing in rearing birds on my farm - mostly chicken and planting cash crops (for sale and use at home)
Currently I wish to expand the poultry house to accommodate more birds (chicken) for the upcoming holidays.

Loan Proposal

I will use the loan to buy more heads of chicken and seeds for my far too; considering we are heading into a season where the demand will be relatively high plus also putting into considering that I now have a wide client base hence high consumption.
I will equally use the loan in the following manner:-
19.43 Dollars for buying a variety of new seeds for my farm.
9.71 Dollars for planting labour and farm toiling expenses.
29.14Dollars for buying more heads of chicken.
9.71 Dollars for expanding and renovating the chicken house.
14.57 Dollars for purchasing chicken feeds and medicine product for my chicken.
4.86 Dollars for purchasing fertilizers for my farm.
6.34 Dollars for miscellaneous expenses like transport costs e.t.c

The benefits will be creation of sufficient supply of vegetables and chicken meat and products to my client base.
I expect an increase of close to 194.27 Dollars

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

Oct 10, 2015

Repayment status

On Time

Projected term

5 months

Lenders

kuebel

Vienna, Austria

dlpringle

Denver, United States

Dean Cress

United States

John Minges

United States

Mr Chris Turner

Cambridge forever England, United Kingdom

Anonymous

Ocoee, United States

Ask Allan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...