Martha Gitau

Muranga, Kenya

100% repaid

Entrepreneur

Name

Martha Gitau

Member since

April 2013

On-time repayments

49 installments  •  59%

About Me

I am 34yrs old married and a mother of Four , two boys and two girls all school going at primary school. I have a std eight level of education and a staunch christian a member of AIPCA church. I am a volunteer in the local church dispensary and a member of many community self help groups in this area and i help and assist the homeless and orphaned children in my area .i am small scale farmer where i cultivate my 1/4 acre piece of land where i grow vegetables . i also keep Daily cows and pigs and all these are the source of my income. with the earning from the farming and animal rearing in my .farm i am able to support my family and educate them feed them and earn extra income which helps me do community work

My Business

My main business is rearing of pigs a project which i started two years ago and which has become very successful.I supply the piglets to my neighbors and there is high demand because of the high returns in pig farming. With the experience i have gained in the last two years i have got customers who have gained confidence with my pigs and they come back and bring new customers to my place. this business is profitable as the piglets are sold young and the mother give birth to many piglets at once and very quickly. the risks in this business is diseases which some times affect the quality of piglets and sometimes death of the piglets In a month I am able to sell about 10 piglets at a cost 0f 4000-5000 each making a sum total of about 50000. i buy animal feeds worth 20000 and animal care of about 5000. i make a profit of about 25000 per month which i take care of my family and save a small amount for future developments.

Loan Proposal

Thanks lenders foe the 1st loan i have paid back and now i come to you again to ask for another bigger one, the one you had given me helped me a lot with my farming i was able to increase my stock of pigs and by now they have increased in numbers and i am planing on finding a market for the mature ones, keep up the good work you are doing and the loan you are giving me is in secure hard's and i promise to pay back in total amount

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Loan Info

Project Type

Classic Loan

Disbursed amount

$191.69

Date disbursed

Aug 28, 2013

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Lender interest: $191.69 at 1.81% annual rate over 9 months = $2.73

Service fee: $5.38

Lenders

M

marycb

United States

B

Brandon

Colorado Springs, United States

HansLindgren

Uppsala, Sweden

B

Becks

Dubai, United Arab Emirates

russell

leicester, United Kingdom

MM

Mollie Milesi

Jeruslem, Israel

E

Edijac

Strombeek-Bever, Belgium

scgtb

Sarasota, United States

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