Poultry livestock

Doreen

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Doreen

Member since

January 2021

On-time repayments

26 installments  •  38%

About Me

My names are Doreen Sitali, a widow and a proud mother of 5 children but with only 2 surviving children. Am a breed winner in the family and that helps me to work hard even more so that i can feed and take my grand children to school , the children left by my 3 children who have passed.
I came to start my own business after loosing my husband who was a sole provider so that my children can go to school through the help of other women in the community who showed me on how i can run a bossiness. I enjoy gardening in my free time.

My Business

I own a shop at the market where i sell chitenge wrappers and farming tools. am also a poultry farmer. i keep chickens and pigs for business. i choose this kind of business because i know that it is a source of nutrition for people in my community, and also most women need wrapper to wear .I also own about 5 flats that i rent out to the people in my community.
The cost i incurs usually is buying feed for the chickens and pigs. i also want to renovate the poultry so that i put up a bigger on to accommodate about 1000 birds.
i use the profits to run the home and take my grandchildren to school and also reinvest in the business.
also i want to restock my shop

Loan Proposal

with this loan am applying, i want to restock on feed for my poultry. one batch of 500 birds are in 5th week and consumption has increased. the benefit is that when i begin to sell the birds next week,it will give me money to repay this same loan and help me purchase feed for the birds that are 2weeks old.
After selling my 500 birds, i expect the profit to increase by 25% or more

Income Source

With the food business, you can never go wrong especially chickens. Chickens are on demand such that you can even finish selling within 3 days upon starts selling. our customer are houselholds, restaurants, lodges and usually those buying for resell.
cost of keeping chickens has gone up, but when they are well kept and feed , we are able to make some money out of it.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$65.00

Date disbursed

Feb 11, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Yosef

United States

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Summary

Amount repaid

$65.31

Amount remaining

$0.00

Date repaid

Feb 15, 2021

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 24, 2021 $32.68 Feb 15, 2021 $32.68
Mar 3, 2021 $32.63 Feb 15, 2021 $32.63

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