Name
Paul Chelule
Member since
August 2019
On-time repayments
24 installments • 46%
my name is Paul Chelule, i attended Kabungut Primary and later went to High School, i was travelling by foot for about 2 miles on a bare foot every morning and back in the evening. after my O-level i start my business first as a hobby but became so interested that i made it one of my major income earner apart from tea proceeds that i earn per month. people around me likes milk, tea and eggs. my kids wish to be successful people when they are grown up.my hobby is poultry keeping and tea farming. i started my business in a small way but grew over time. i have been patient all along
my work is to keep poultry for sale to the nearby market as the demand for eggs and meat is very high.i also grow tea for export through our local manufacturing companies to add on the income at the end of the month.i earn a gross of about kes. 40,000 per month before expenses of about kes. 25,000. i use most of my profits in paying school fees for my kids and to expand my business and for upkeep.
once funded i will invest in buying poultry feeds and that will increase my income and will boost my supplies. it will create an opportunity for the public to have a field day in my home area. sustained chicken feeds will increase my income by 40%. it will also make repayment on time.
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Project Type
Classic Loan
Disbursed amount
$20.77
Date disbursed
Aug 19, 2019
Repayment status
On Time
Projected term
4 weeks
Cost to entrepreneur
Service fee: $0.80
Credit risk payment:
$3.54
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