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
Positive
3
Neutral
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Negative
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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
Cerdanyola del Vallès, Spain
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Kirk Moore Aug 27, 2020
Kirk Moore Aug 11, 2020
Scotts5320 Aug 8, 2020
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