Entrepreneur
Name
Samuel
Member since
October 2019
On-time repayments
136 installments • 55%
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
Am involved in pig farming and butchery business. With this loan, I'll use it to buy more pig feeds. I have 42pigs in stock which i slaughter on a weekly basis. A kilo of pork retails at KES 460.
Income Source
i have a stock of 42 pigs which i slaughter at least 3 on weekly basis and supply to my pork butchery. Each pig gives a return of at least 20000 depending on the total carcass weight. A kilo of pork retails at KES 460 and thus i can comfortably repay the loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
May 4, 2020
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Houston, United States
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