Haroun

Komarock, Kenya

100% repaid

Entrepreneur

Name

Haroun

Member since

August 2013

On-time repayments

101 installments  •  63%

About Me

Am Harry Bayo, Kenyan Citizen with a Bachelors Degree in Computer Science And Information Technology. Am the last born in a family of six sibling. I live in Komarock estate in nairobi, and am into business especially Mpesa shops combined with mobile accessories and repair. Have set up a new project dealing in Poultry farming specializing in Quail birds to produce Quail meat and eggs which requires extra income thus need for loan. Hope this project will be suffice to repay the loan with easy.

My Business

I own three Mpesa shops combined with mobile accessories and mobile repair within nairobi area which fetches not less than ksh. 40,000 monthly income. Recently i ventured into Poultry farming specializing in Quail bird farming which is in high demand in nairobi due to its nutritional values in its products. Am intending to produce quail eggs, meat( to supply to super markets within nairobi and beyond) and young chicks for sale to other upcoming farmes. Quail bird goes for ksh 500 and eggs go for ksh 30 per egg so its a lucrative business which if i get enough funds, i will have approximately 1000 birds producing averagely 900 eggs per day which fetches Ksh. 18,000 per day selling eggs whole sale at ksh 20. That is my target if funds allow but very soon i will archive my target in the next 4 months since the project has already started. Get me the funds please. Thank you.

Loan Proposal

Since am into poultry farming (Quail bird) and i don't have an incubator, i intend to buy an incubator at ksh 14000 and start hatching the chicks for myself, incubation takes 16 to 18 days and a 1 day old chick go for ksh 150. so the loan will help me to get the incubator.
Quail bird farming is lucrative since an egg goes for between ksh 30-40 and 1 day old chick go for ksh 150, if its 1-2 weeks old then each goes for ksh 300. so if i can get a loan of ksh 50000 then i will expand my business so fast and tap into the ready market before it gets flooded.
Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 5, 2013

Repayment status

On Time

Projected term

5 months

Lenders

S

stroll

Stockholm, Sweden

Tavin

Ottawa, Canada

SeeMeeFi

Ontario, Canada

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