Entrepreneur
Name
Melvin
Member since
October 2020
On-time repayments
36 installments • 28%
About Me
I Melvin Kirwa born in 1999 and a form four leaver joined zidisha to be able to raise a loan for business farming. I deal with sheep and chicken and do hope your support will enable me scale heights
My Business
My business involves rearing sheep and chicken for sale and use the proceeds to buy new stock of sheep and chicken. My target market is butchery owners, households nearby, Hotels among others. I therefore wish to expand the same and request your support. I weekly sale 20 heads of kukus at an average price of Ksh 600 to Ksh 800 hence my weekly sales is around Ksh 12,000 to Ksh 16,000 and the profit Margins range from Ksh 6,000 to Ksh 8,000.
Loan Proposal
My business entails sheep and poultry farming at a go where I purchase cheaply then after some time I dispose them with a profit and then go buy new stock and wait for sometime then dispose again . The margins between sell and buy is my margins
Income Source
They are various risks in business such as diseases, drought among others however the outbreak of covid19 has been so critical but we are adapting to the new situations by ensuring that we follow government of Kenya directions in combatting the disease
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Loan Info
Project Type
Classic Loan
Disbursed amount
$104.00
Date disbursed
Oct 13, 2020
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Spain
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