Name
Anthony
Member since
July 2010
On-time repayments
35 installments • 57%
Am married to Ann Wanjiru and have a 3yrs old daughter.we taught in a local private school but we decided i pull out to avoid conflict of interest and so i joined business.
I started my broiler chicken project at my rural area [Bahati].Having come from a humble background , i choose to bring change in our local village which is dominated by poverty and drug addiction.This is by job creation to the youth by employing them thus involving them meaningfully.These activity would at least engage them and lift their standard of lives. I had my chicken project.I started it all with a 100 Chick with total expenditure of ksh.26,500 and net profit of ksh,2120 after every 6.5 weeks having considered a 5% motality rate.Today am stocking 300chicks at total expenditure of ksh.69,200 and net profit of ksh.3,940 which have done well for my upkeep.Am therefor requesting for a ksh.30,000 loan which will help me stock up to 500 chicks expecting ksh.111,400 total expenditure and a net profit of ksh.10,500 and thus create employment for an extra person.As for the market its so promising as i sell my products to the same people who sells me the chicks.Finally thanks for setting your ears at the ground and making yourselves available to uplift the small enterprise.God bless you as you consider my application.
To increase my working capital thus hitting my target of 500 chicks which will enable me to employ some youths as its my aim thus change in my neighbourhood
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Project Type
Classic Loan
Disbursed amount
$392.00
Date disbursed
Sep 23, 2010
Repayment status
On Time
Projected term
34 months
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