Purchase a dairy calf and three piglets

Samuel Kuria

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel Kuria

Member since

January 2014

On-time repayments

371 installments  •  83%

About Me

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.

My Business

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

Loan Proposal

I want to send my gratitude to you (Lenders) for the first loan, I was able to purchase two piglets with the money i got. Will realize the profits soon from the sale of them. My next project is the purchase of a Dairy calf USD 228 and add three more piglets USD 46 each. The rest i will built extra shade for the calf and pay for labor. I thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$447.61

Date disbursed

Mar 22, 2014

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Lender interest: $447.61 at 4.50% annual rate over 4 months = $8.13

Service fee: $6.39

Lenders

Kitty

Hailsham, United Kingdom

L

lmuenchen

Munich, Germany

I

Ilona

St Catharines, Canada

M

Mårten

Inden, Switzerland

pentatonicscale

Niiza-shi, Japan

joaoferraz

RINCHOA, Portugal

D

DavidJSmu

North Attleboro, MA, United States

V

Volpone

Geneva, Switzerland

E

Escalada

Bakersfield, CA, United States

C

CZC

Lake Zurich, United States

G

GreenMoney

Lahr, Germany

Matching Fund

Sterling, United States

A

Alyssa

Australia

J

jcmfl

United States

S

Stja88

United States

L

libbilu

United States

L

Leica

Philippines

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