Restocking clothes to sell

Clare

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Clare

Member since

February 2014

On-time repayments

115 installments  •  97%

About Me

I have a diploma in business management and a trained secretary. Currently, I have begun a chicken farming business since I inherited a piece of land from my parents. My area of residence is Syokimau which is a big backyard. I started this business after being gifted 3 hens and 2 roosters. I have kept them for a whole year mainly for just eggs for home use. I recently started doing research on chicken farming and I found it to be very lucrative. I have so far expanded it and have a total of 2 roosters, 8 hens and 41 chicks.

My Business

So I plan to expand this business to sell eggs and chicken meat. Currently, I am getting 8 eggs every day which means it takes 4 days for a tray to fill up. So in a week, I have approximately 2 trays of eggs. I thereafter sell the eggs. Each tray fetches $6.50 so in a week I get $13. I spend $6 on feeds which last for two weeks. I also supplement the food with a garden I have in the backyard where they feed on greens. I already have the chicken coop which is spacious and laying points, sickbay in case of sickness. I also have feeders and drinkers. I am looking to get financial assistance to be able to buy more feeds especially for the chicks and also medication that is needed at times. My research showed that for this venture to be profitable, it needs the chicken to be more so that one can get more on eggs.

Loan Proposal

I want to do a restock of clothes and shoes at the shop. I will take the loan and add saved up money in order to buy a sizeable stock that will help push through the next month.

Income Source

With the current trend, I plan to boost my posts, sponsor posts, use of influencers to advertise my business so as to reach a wider customer base.

Feedback

5

1

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Sep 15, 2020

Repayment status

On Time

Projected term

5 weeks

Lenders

AV

Alex Victor

Scottsdale, United States

SS

Stephen Stern

United States

R

Rebecca

United States

A

Anderson

United States

Ask Clare a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...