Poultry farm

Bashir Omollo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Bashir Omollo

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 am going to buy more chicks and add to the existing ones, with this I will also add more starter mash and growers mash that will help sustain my small poultry business that is still growing. As I pay this loan slowly with the other project's income,I am hoping that my credit limit increases faster so that I widen and expand on this to make it stand on its own. Through this poultry business I will be able to supply ten hatchery that will lead to full supply of 1 day old cheek in plenty. This will be in 6 month time.

Income Source

With the current situation, the pandemic will not affect this plan,since this side,eggs are a staple food and is considered cheap and easy to prepare even by those who are not married. In December the chicken will have matured and fully grown and this is the time when we need them for slaughter during the Christmas Eve, at this time the price of an adult cock is about Ksh 800-1000 .this will bring more revenue and help in expanding my business more and more. With this I believe nothing will go wrong and I will make more money.

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

$48.08

Date disbursed

Aug 4, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $4.25

Credit risk payment: $3.83

Lenders

Jason

Auckland, New Zealand

Babbitt Family Foundation

Sioux Falls, SD, United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

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