Purchase bags of chicken feed

James Mbelenje

Lusaka, Zambia

100% repaid

Entrepreneur

Name

James Mbelenje

Location

Lusaka, Zambia

On-time repayments

29 weekly installments  •  38%

About Me

My name is James. I am married to Charity and we have three children.

I live in Lusaka's Makeni area where I own a small holding in the area where I rear broiler chickens. I also keep vegetables.

My Business

I plan to use the loan to buy bags of chicken feed.

I have already ordered 300 chicks and now I require 24 bags of chicken feed.

I plan to sell the chickens to the public over the festival period.

Loan Proposal

I plan to use the loan to buy bags of chicken feed.

I have already ordered 300 chicks which I will put in our hatchery. I have also bought the maize meal and vitamins for the chicks.

What i require now are 24 bags of chicken feed. When the chickens are fully grown, I will sell them to a local restaurant in the area.

Income Source

My business is doing well and demand for chickens is high.

As we head towards the festive season the business will continue to do well and bring in good profits.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.68

Date disbursed

Dec 3, 2020

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: 10% of $100.68 = $11.77

Credit risk payment: $15.27

Optional expediting fee: $11.77

Lenders

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AlexCheng

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RD

Roel De Meester

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AC

Adri C

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E

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Greg

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