Name
Victor
Member since
March 2016
On-time repayments
196 installments • 40%
I'm brought up in a family of five and we practice agriculture that has so far financed every activity.
As a child i aspired to get a well paying job after my education,but this has not materialized.Iam a graduate in business management but i have chosen to practice agriculture because i saw how beneficial this was to our family as a source of income.
My future plan for my children is to raise them to be flexible in different activities as income requires flexible minds in the ever changing world.
I enjoyed hunting with my friends and this is a hobby i enjoy very much.
I started a rabbit farm after a short training that targeted the youth in our area on how to be self employed.People buy rabbit fur,meat and also seek for assistance in construction of warren.I currently have fourteen herd of rabbit.
I chose this business because its unique as there was only one person practicing this in our area,and after discussion with him,i realized it had good income.
Rabbit keeping has costs for buying rabbit feeds,pet doctor service costs,construction of rabbit warren costs and transportation to various clients.
I'm currently reinvesting my profits back by buying different rabbit breeds and this has also enabled me to buy one dairy cow, I'm looking forward to diversify my activities as this will boost my income.
With this loan i will construct spacious warren costing 195 dollars to accommodate a large number of rabbits.
With this i will be able to increase my production and income as many come for as pets,and a good number like meat.
I project a good profit as a bunny currently goes for 15 dollars, and i sell a kilo at five dollars.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Mar 23, 2016
Repayment status
On Time
Projected term
9 months
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