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
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
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$331.00
Date disbursed
Sep 17, 2020
Repayment status
Late
Projected term
4 weeks
Lenders
Ask Bashir a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Kirk Moore Aug 27, 2020
Kirk Moore Aug 11, 2020
Scotts5320 Aug 8, 2020
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