Name
Joseph
Member since
February 2015
On-time repayments
209 installments • 18%
Am 27 years of age, born from a family of 10 siblings as 8th born. I schooled in a day primary school as well as secondary school.
An important goal in my life was to pursue a degree coursed which I achieved by leaving school late than others and making to school early than others for studies because it was a great challenge to get paraffin in family for after- class studies.
Due to the challenges of finances in my family, I started investing in pig rearing, from small salary I was getting after being employed temporarily after secondary school. This was to boost me in paying my university fees.
In my culture, they call out small scale farming and more so interesting in investing in available opportunity.
My hobby is playing music instruments, currently playing piano.
Currently, I deal with pig rearing. I either by piglets rear for some months and sell them or for piglets bearing. I also by mature pigs n take them for slaughter which in returns gets profit.
For mature pigs, we sell at slaughter price 320/- per kilogram as per today. Buying n selling mature pigs can get average of 1500/- as profit.
I have spending my profits by paying my university fees.
Once am awarded this loan, I will use in buying mature pigs worth 80 dollars. I will take them for slaughter, which in returns in first take expects to get a profit of around 15 dollars. Making progress on the same will help me get more revenue; I will use the revenue to expand my sales and repaying my loan.
This will help me in getting my daily living as well as help other to in being involved in investments.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 28, 2015
Repayment status
On Time
Projected term
5 months
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