To purchase a small egg-hatching machine

Samuel Mshellia

Jos,, Nigeria

Funds disbursed

$0 to go

100% funded of $501 goal

0

days left

Entrepreneur

Name

Samuel Mshellia

Location

Jos,, Nigeria

On-time repayments

107 weekly installments  •  70%

About Me

hello, my name is samuel, I practice mix farming. I have an orchard , a poultry, and a dog breeding bussiness which I am trying to upgrade to a world class standard. The cost is enormous and financiers are few. with the help of Zidisha, I am gradually moving to achieve my goal.

My Business

This bussiness is capital intensive and the banks are not willing to fund start up like us. hence my major source of finance is personal savings, reinvestment of profit and private lenders like Zidisha.

Project Proposal

when raised, the loan will be used to purchase a 450 capacity egg hatching machine which will enable me to have qualitative day old chic at a lower rate compared to what i will buy at commercial sellers. moreover, the period between September to November of each year, there is shortage or scarcity of day old chicks due to farmers booking for the festival period of Christmas, new year and the Muslim eid festival.

With this i will be able to kill two birds with one stone as the English people say. Firstly i will be able to sell at a competitive rate and the scarcity of day old chicks will not affect me.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$501.12

Date disbursed

Sep 22, 2021

Cost to entrepreneur

Service fee: 5% of $501.12 = $25.05

Optional expediting fee: $100.22

Backers

JH

Joseph Hwang

Houston, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Joost

Noord Brabant, Netherlands

RT

Ravi Taxali

Markham, Canada

Kate

Newtown, United States

Ogbu Chinedu

Warri, Nigeria

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