To improve my pig keeping business

Rose

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Rose

Member since

April 2014

On-time repayments

332 installments • 83%

About Me

I am Rose achisa aged 24 years. i am married to kenly kivailo and we have one child. i am a graduate with a diploma in business administration from Rift valley institute of science and technology year 2012. with help from my husband, i started business while i was in college whereby i rear pigs for both commercial and domestic purpose. I also sell cloths to help me increase my income and expand my business. Both businesses are doing well and with your help they will do even much better. My hobbies are watching movies and cooking which i enjoy doing at home and during family events

My Business

My business involves rearing of pigs which takes 6 months for a piglet to mature and gain good weight (45-50kgs) for sale. i currently have 22 pigs, 3 mothers and 19 piglets. i have been selling 14-18 pigs in every 6 months after birth and each pig goes for $120 hence i make $1100 profit after deducting expenses. Therefore i can approximate a monthly income of between $150-200. I also get some additional profit of $50-100 from my cloth selling business. the challenges in this venture are lack of enough capital to buy good quality food for the pigs that enhance them to gain good weight within a short period of time. With your help, i will be able to buy 5 sacks of good quality pig-meal at a cost of $12 per sack to boost pigs weight for better sales. i will also increase my stock i.e cloths for sale hence make good profit and have easy time when repaying my zidisha loan.

Loan Proposal

Dear lenders,

Thank you for your contribution towards my first loan. I am excited to have this chance to apply for my second loan from Zidisha. My current monthly income of between $150-200 is not enough to cater for all my needs and at the same time improve my business so i source some additional profit of $50-100 from my cloth selling business. the challenges in this venture are lack of enough capital to buy good quality food . With your help, i will be able to build a much appropriate shelter/pig house, buy 10 sacks of good quality pig-meal at a cost of $12 per sack to boost pigs weight for better sales. i will also increase my stock i.e cloths for sale hence make good profit and have easy time when repaying my second zidisha loan.