Poultry business

Philister Munala

Nairobi, Kenya

56% repaid

Entrepreneur

Name

Philister Munala

Member since

May 2014

On-time repayments

141 installments  •  46%

About Me

I am Philister munala from Kenya aged 24 years old.i was born and raised in Kenyatta a place known as Eastleigh. I grew up with both my parents my mum being the breadwinner of our family. I have recently completed my degree in bachelor of commerce marketing at Kenyatta University.I decided to start my poultry business in the year 2014 due to financial strains. I wanted to help my mum in raising fee for my University degree.I have overcome hardships in life because of my business.It has helped me manage to pay my fee and I really want to continue helping my mum in paying for my younger siblings School fee.

My Business

My business is purely poultry farming.I have just been dealing with kienyeji chicken in the past but currently I really want to add broilers chicken in my business.i have been incurring costs in buying food for my chicken which budgets to a total of 5000ksh, also buying medicine for my chicken to prevent them from getting any disease and this totals to 3000ksh..My loan request will help me in adding broilers chicken, expand the house where they will live, add food and medicine to them..The Nairobi Agricultural show is soon approaching and I want to showcase my business at the show..This will really help me in increasing my profits and continue to support my younger siblings..Thankyou

Loan Proposal

The loan will help me add broilers to my current kienyeji chicken,buy their medicine and food.This will be of great benefit to me as my profit will increase by 30%

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$127.49

Date disbursed

Jul 3, 2019

Repayment status

Late

Projected term

19 months

Cost to entrepreneur

Service fee: $5.36

Credit risk payment: $32.23

Lenders

Jason

Auckland, New Zealand

Karijn

Amsterdam, Netherlands

Marcus

Germany

WE

Wendy Emlyn

Devon, United Kingdom

Shervin

San Francisco, United States

World Centric

Sonoma County, California, United States

JP

Brazil

Sayuri

United Kingdom

D

Dan

Australia

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