Purchase improved kienyeji chiken

[email protected]

Mudete, Kenya

100% repaid

Entrepreneur

Member since

August 2017

On-time repayments

36 installments  •  94%

About Me

My name is Arunga Mathews a Kenyan citizen aged 27 years. I was born and raised in Vihiga county in kenya. I have a degree in business management. Am a first born in a family of 3 siblings. I've always been into business since I joined High school until now.

My Business

I run a printing business in Mudete market. I also rare poultry. I ventured into this printing business 8 months ago and it is doing well. I chose this kind of business because people in my village used to spend Ksh. 100 (1 dollar) or more as bus-fare to go to nearby town to get the service and also because it it what I used to do in college to get money for my personal expenses. I have helped reduce this cost for people around and beyond the market centre where I reside. I pay Ksh. 3500 for rental space and I have been making Ksh. 10000 monthly as profit which I expect to increase since I am still advertising the business. I have one employee who manages the poultry while I take care of the printing. I sell eggs at Ksh. 320 (3.08 dollars) crate a mature hen at 600. My poultry business makes Ksh. 5000 as profit every month and it is also doing well.

Loan Proposal

Hello,
I am requesting for a loan to purchase two mature improved kienyeji (Free range) chicken breed. I want to buy two hens and a cock. This will help as once they breed I will be able to have disease breed of poultry. One mature improved kienyeji hen costs Ksh. 950 ($9.42) and a cock costs Ksh. 1,200 ($11.90).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Jul 3, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

World Centric

Sonoma County, California, United States

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