Poultry farm

Bashir

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Bashir

Member since

March 2019

On-time repayments

10 installments  •  60%

About Me

Hi, I'm Bashir Omollo a graduate of BSc Horticulture from the University of Nairobi,currently doing agribusiness.

My Business

Currently I get 1000/= per day on kales,just planted spinach last week and the farm is still young, I'm planning to start a poultry business

Loan Proposal

I will go buy a hundred chick of one day old,buy chick mash then and start the farming. I will also expand my kale farm to increase my production by addition of area under cultivation. I will also buy foliar feed to speed up the rate at which kales and spinach grow.I have a plan to invest in building the poultry structure as the number grows and by the time they reach three months they will have started laying eggs. The eggs will be sold at Ksh 15 per egg which is around Ksh 450 per crate,this revenue will help build up and grow my business.

Income Source

About the payment, I have a kale farm that is already operating and earning returns. In about 2 weeks time the added area will have started being productive and the revenue I collect per week will double. With the above I will be able to double my payment and lease more area for farming. I am watering my onions and within a month they will be ready and will sell at a price not less than Ksh 60 per kg. I want to start operating on doing large scale kale selling by visiting groceries in the nearby market and I'm sure this will increase my sales and help me repay the loan in time

Feedback

3

None

None

  • Kirk Moore    Aug 27, 2020

    Thanks for paying back the loan so quickly and best wishes for you and your business!

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  • Kirk Moore    Aug 11, 2020

    Bashir paid back the loan ahead of time and in-full -- best of luck with your business!

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  • Scotts5320    Aug 8, 2020

    Paid back fully and on time. A good person to invest in.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Jul 26, 2020

Repayment status

On Time

Projected term

2 weeks

Lenders

Scotts5320

New York, United States

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