Poultry

Michael Mbugua

Muranga, Kenya

100% repaid

Entrepreneur

Name

Michael Mbugua

Member since

November 2018

On-time repayments

20 installments  •  90%

About Me

Am a Kenya living in the rural area known as Muranga. Am married with two children's. Having failed to secure formal employment decided to engage in chicken and goat keeping to sustain my family. Hence started with few chicks and two goats. The challenges are many like high cost of feeds, and other materials been with no other income and family to feed

My Business

Poultry farming and goat keeping is the option I have, chickens have ready market while exotic goats fetch good money though they take time to mature with increase of population demands of eggs and meat is on the rise thus I decided to try my luck

Loan Proposal

intending to increase my native chickens which fetch good money in the local markets. currently the chicks I have are some weeks away from starting to lay eggs. I hope also to sell some to raise more capital to buy more feeds. this chickens will be replaced by more which Iam intending to incubate to a local businessman, this is an extra cost which am yet to raise, an your money will be used to cover the incubation cost which an egg goes for about 15 to 20 shillings.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Mar 15, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Pierfausto

Rome, Italy

Muslim

Riyadh, Saudi Arabia

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