Name
Stanley
Member since
January 2015
On-time repayments
54 installments • 43%
I have being brought up by hard working parents who have enabled me go through education and i am grateful for them. My hardships have been overcomed by persevering and seeing things positively in life. I started the business by learning from others who have succeeded through it. The people living around me, most of them have a good heart and are very helpful. My hobby is to play soccer when am free.
I rare rabbits for meat and skin. The goods are of high demand because of orders from rabbit butchers and beach hotels. This kind of business generate lots of profits when one sets the goals well and i have passion in raring animals. I get readily available food from the the environment and i buy few for rabbit food from the market. My typical cost every months costs around 60$ and i make 30$ of profit but it depends with my sales. My profit i bank in order to add more and reinvest back to the business.
With this loan am going to renovate the rabbit housing since it is in a very bad shape and i want to keep the place clean and have free disease rabbits that will make my business flourish. Am going to buy wire mesh, iron sheets, ply wood and water trough which will cost 130$ which i will add the extra cash from the business. The completion of the house will make my rabbits be in a healthy place and breed more and make the place attractive for my customers. From this renovation i expect my business to increase by 30% increase profits. This loan will do great for me.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 18, 2015
Repayment status
Late
Projected term
12 months
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