Pig farming

Samuel Ngigi

Nairobi , Kenya

100% repaid

Entrepreneur

Name

Samuel Ngigi

Location

Nairobi , Kenya

On-time repayments

90 weekly installments  •  46%

About Me

Am Samuel Ngigi. Currently living in Nairobi Am a banker by profession and and currently doing pig farming here in Kenya

My Business

I do pig farming .The business is small scale, with a current herd of 50pigs. The major challenge is feeds, which are a bit costly. Another challenge being the market price,with a kg retailing for KES 460 whereas farmers sell at Kes/280 per Kg

Loan Proposal

Buy pig feeds .Pig feeds covers 80percent of the total cost of production thus the need for the cash. However I wish I could get a loan of KES 250,000.The amount will sort out my working capita deficits. This will in turn raise my fortunes.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$58.68

Date disbursed

Feb 6, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $2.63

Credit risk payment: $13.72

Lenders

Jason

Auckland, New Zealand

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