Name
Nicholas
Member since
January 2015
On-time repayments
37 installments • 11%
I AM NICHOLAS MUTEMBEI KINYAMU FIRST BORN IN A FAMILY OF THREE,AM 27 YEARS OLD D.O.B 24TH JULY 1987.ABOUT MY EDUCATION I BEGUN MY EDUCATION AT KIANTHUMBI PRY SCH IN THE YEAR 1991 TO 2001 AND LATER JOINED NANYUKI BOYS HIGH SCHOOL IN THE YEAR 2002 TO 2005.I LATER JOINED KCA UNIVERSITY BY THEN KNOWN AS KENYA COLLEGE OF ACCOUNTANCY WHERE I UNDERTOOK A COURSE IN ACCOUNTING.I BELONG TO MERIAN TRIBE {IMENTI SUB TRIBE} WHERE BY WE DO PRACTICE MIXED FARMING.I PERSONALLY LOVE FARMING WHERE BY I AM PRACTICING POULTRY KEEPING.AM A REAL MERU MORAN HAVING UNDER GONE ALL THE NECESSARY INITIATION PROCESS[ MWANAUME MWENYEWE IN SWAHILI LANGUAGE].I DO ALSO LOVE CRACKING JOKES AND WATCHING THE LEAGUE MATCHES.
I DO PRACTICE POULTRY KEEPING WHERE BY AM IN OWNERSHIP OF 70 CHICKENS.CHICKEN EGGS AND MEAT ARE IN DEMAND EACH AND EVERY DAY OF LIFE SINCE THEY SUPPORT LIFE AS FOOD.I CHOSE THESE KIND OF BUSINESS BECAUSE CHICKEN PRODUCTS ARE FAST MOVING PRODUCT DUE TO DAILY DEMAND.I DO INCUR TOTAL A TOTAL COSTS OF KSH 250 PER DAY ON FEEDS AND EARN KSHS 860-1100 PER DAY [45-58 EGSS/DAY @KSHS 20.THE AMOUNT I DO EARN AS PROFIT I DO REINVEST 30% INCOME FOR THE WHOLE MONTH,PERSONAL USE 40%, AND THEN SAVE THE REMAINING 30% ON DAILY BASIS FOR UNFORESEEN OUTCOMES.
I intend to expand my pourtly firm by purchasing more chick's which will cost $22 and also intend to use $20 in extention of poultry structures and finally the remaining amount to purcase feeds.after purchasing the chick i expect my profits to increase by at least $25,this will also help my family by paying school fees for my sister who is pursuing her secondary education.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 2, 2015
Repayment status
Late
Projected term
8 months
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