369 installments • 83%
My names are Samuel Kuria Ndungu,37yrs of age, currently living in Embakasi Pipeline,Rehema flats A12 Outering road Nairobi. I am a Technician and work in town in a company called Selex international ltd repairing ICT equipments apart from that i rear Quails in Rongai and have a family farm in Kiambu that we produce farm products, I get a certain percentage of the profits, I started the Quails business last year to boost my income and help me achieve certain goals in life. Most of the earning I buy more quails and their food and fertilizer for the farm. I intend to start exporting the Quails to other countries and part of the loans would be used for that.
I get my source of income from three places, First i earn a steady income as a Technician,My newest investment is the Keeping of pigs, I get good returns from them i buy one piglet for USD 50 and sell them at USD 2.5 per KG. Most of them weigh above 75kgs giving me a total of USD 187 per pig.I also Rear Quails in Rongai where i have several of them and i do sell them prices ranging from USD 3.9-5.6 depending on the age. Also i get a percentage of profits from a family farm in Kiambu. On a good month i can get a profit of between USD 111-167
Hi Lenders, I am forever grateful for the help you have given to me financially, It has been of great help to me and my family. These time around i am back to ask for your help again. I intend to purchase 10 piglets at a cost of USD 50 each. The market rate for a fully matured pig or minimum 75 kg pig is USD 2.5 per Kg. Giving a total of USD 187 per pig. In total i will Use USD 500 for the purchase and the rest for feeds and pay my worker. Part of the profit for Last time i was able to help my parents in paying school fees for my youngest sister who is still studying. Thank you Lenders in advance.
Aug 22, 2014
Cost to entrepreneur
Lender interest: $579.01 at 10.64% annual rate over 9 months = $49.76
Service fee: $16.70