Entrepreneur
Name
Samson
Member since
February 2018
On-time repayments
61 installments • 46%
About Me
Hi my name is Samson Owino Olango from Nairobi Kenya.I am a born again christian believer, businessman offering transport using a motor cycle,a chicken farmer and a house caretaker with a duty of maintaning cleanliness to the tenants plus rent collection.
My Business
My boda boda business a great because it is one of the largest sector which has employed majority of the youth.During rush hours you can make a lot of money depending on how fast you are and the availability of customers,but has a very low income during rainy season.Chicken farming has a huge paying especially when you are doing it in large quantity,but small quantity you will be doing a zero work hence making no profit.
Loan Proposal
Hi lenders,as you can see at my picture,I have already built a poultry house and I'm waiting for the chicks only.I want to buy a hundred & fifty chicks plus feeding equipments, food and their prices are as follows
1:-150 chicks @1$ =150$
2:-8 Water Jars @2.5$ =20$
3:-8 Feeding troughs @1.5$ =12$
4:-3 Charcoal warmers @8$ =24$
5:-2(70Kg) of chick mash@25$ =50$.
Total Expense will be=250.6$
The cost of a local chicken after a maturity is always not less than 10$,it can also be higher than that.so after four months I will
be able to make 1500$ as mini
mum amount, I really need your
support,thank you very much
Yours faithfully Samson Owino.
Income Source
Sincerely speaking the Covid-19 has affected various businesses but on my side I generally don't depend on one income,My wife operates a small grocery shop I also do Bodaboda job whereby I use motorcycle to transport people on a daily basis excluding sundays.I applied some months but it failed yet was eagerly waiting for the fund.I hope this time you will fund me this time round,thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$173.00
Date disbursed
May 10, 2020
Repayment status
On Time
Projected term
6 weeks
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