Name
Ian
Member since
March 2014
On-time repayments
53 installments • 11%
am a man aged 24, aspiring to make it big in business.am inspired to do my own businesses and save up for fees to join university where i want to study finance.am in a family of three having a single mum and a small sister.in the business i do i usually support my family especially my small sister whose in primary school.as per now my education level is at high school.i have a deer passion of venturing in the entertainment industry and work as a deejay.i intend in about two years,if my business works out as planned, i will have acquired my own sound unit.
after high school,i used to look for odd jobs where i would work and get some little money to sustain my life. i did this for about three years and was able to save some money that i invested in poultry farming. the business is about four months old now,i have about 10 chickens which lay eggs. this eggs i supply them around to shops where they also resell.i have recently sen there is a high demand of chickens and that is why i want to expound my business so i can be able to buy small chicks that i will feed then later resell the chickens when they are fully grown and still at the same time, still sell the eggs. i need about 60 dollars since to make good returns, i need to acquire abut 30 chicks of which one chick costs about 1 dollar. the cost of food will amount to about 12 dollars the rest i will use to expand on the current poultry house. this will be fully executed in about two months so in that estimated time i will have made total sale of 220 dollars. i think its a good business to venture in but i have lacked the instant capital,i hope someone can invest in me and we will make some good returns. thanks
i have invested in small scale poultry farming where i have about 3 hens and 8 chickens. what am working with right now is the sale of eggs of which i collect an average of 1 tray per four days where i sell each tray at sh.320 giving me an average of sh. 2250 a month. but i also realized that chicken meat is business on the move and i sought to inquire for a loan so i would expand on my business. i want to buy 30 chicks that i would feed and given an average of 5-6 weeks they would have fully grown ready for sale. the cost of 1 chick is sh.65 and it cost me sh.1100 on food for this period, which totals to about sh.3100. the rest of the cash i want to spend on the poultry house since the current space is not enough. this i believe is a good investment and i hope someone will be willing to assist me. another thing, i would have preferred to pay the full amount at once if its possible. thank you for your kind assistance.
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 25, 2014
Repayment status
Late
Projected term
12 months
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