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 would first of all book two hundred chicks from the incubator and make sure I add onto my outstanding investment of 76 chicks that are already three weeks old. With this I would again add three 50kg bags of growers mash and two bag of starter mash. This will push me for sometime as I collect the repayment money from the ongoing vegetable business. I will have another section of selling 2 weeks to 4 weeks old chick as it has got a very good return of 75% profit after deduction of all the costs. With the above, I will have gone an extra mile in developing my poultry farm.

Income Source

During this hard times of corona virus, I have discovered the easiest way of getting return of investment money. Taking one day old chick and raring them for three weeks then selling them at Ksh 250 each has become very easy. Currently I'm having an order of 100 chicks of 3 weeks old which are being hatched next week. With the above I will be able to earn the money much faster and do my payment. The remaining chicks will start laying eggs after 5 months and the sale of eggs and chicken itself is money. This will enable me harvest cash alongside the vegetable I sell and help pay 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

$245.00

Date disbursed

Aug 14, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

John Minges

United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

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