Stabilizing my cybercafe business

Samuel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

September 2017

On-time repayments

21 installments  •  48%

About Me

Samuel Deya, went to Kayogo Primary School in bondo, then later Maranda high school. Now am a fifth year Bachelor of Medicine and bachelor of surgery student at the university of Nairobi

My Business

I am currently running three projects. I have a chicken farm, where i am keeping chicken. I have a tree plantation, of about 5600 trees currently. The third project is yet to start, i am planning of starting a large scale boutique.
Now, i am rearing the local breed of chicken that is resistant to most of the common infections and is less capital intensive.
I have brought in a group of improved local breed for eggs...local breed has a high market and is loved by restaurants where traditional food are made.
I sell about 1000 chicken twice yearly, that's, 1000*1000-1500
1000,000 to 1,500,000 every 6 months. About 166000 to 250000 per month.

I have a tree plantation, ready for cutting after every three years. A tree sells at 100-200 per tree. For the 5600 trees,, i target to raise 500,000- 1,120,000 every time i cut the trees. After the first harvest, i will be harvesting every 1-2 years.

Loan Proposal

stock my business with stationery. Will buy photoprinting papers for sale with a profit margin of 50%. Buy more exercise books and set books for use by secondary students. More importantly to repair two of my computer's that are spoilt by now.

My Videos

Aug 31, 2021: Chicken farm

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Sep 19, 2017

Repayment status

On Time

Projected term

2 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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