Poultry farm

Bashir Omollo

Nairobi, Kenya

0% 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

Hello,this loan I need to help me increase my area of production by increasing the number of chicks from 250 to 500. With this it means addition of the feeders and drinkers since those have been the main challenge in the previous bunch. The rate of food consumption was a bit high and buying two bags would mean straining, so I have an idea of buying from the from the source in wholesale. I look forward to being the supplier of eggs in Ruai area since I look forward to producing 10 crates per day selling at @ Ksh 600 since kuroiler eggs are much expensive, so I think it will help me manage my costs and loan repayment on time.

Income Source

With this business I have got a lot of knowledge on how to make quick money to repay loan. After every week the chicks appreciate in price and where I operate from we have lots of demand for the chicks. When I book many of them, I will be able to to raise some of them and start supplying eggs for the whole of this estate and one Crete goes at 600 ,this will be very lucrative. And the chicken also are valuable at Ksh 1000 which make it a no loss business. With this I can not fail to raise money for loan repayment.

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

$331.04

Date disbursed

Sep 17, 2020

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $29.96

Credit risk payment: $29.96

Lenders

S

stroll

Stockholm, Sweden

MarktheMormon

Sandy, Utah, United States

Jason

Auckland, New Zealand

John Minges

United States

B

BSM

France

mabo

Germany

M

Mirko

Yugoslavia

B

bert

Sweden

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