Purchasing chickens and hens for resale

Anthony

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Anthony

Member since

June 2020

On-time repayments

28 installments  •  61%

About Me

I'm Anthony Nyongesa, a third born of Gabriel Mumdulu, I completed Secondary school in 2010 and started doing manual jobs for wages. The challenges I was going through were my stepping stones that made me to start farming activities which is my main source of income.
I have 3 kids that depend on me, a wife and my niece is living in my homestead. I am God fearing man, I enjoy helping vulnerable people in my area. This give me strength and hope of succeeding in my project.

My Business

I earn 40 USD per week. From selling of milk, selling of eggs and vegetables
amounts to 16 usd per month. I manage to save 20 usd and the remaining usd I reinvest some and use around 10 usd for upkeep and paying of loans.

I am planning to start a large dairy farm and start supplying milk to people in the town next to me.

Loan Proposal

I am planning to expand my business. I'm going to buy eggs to hatch them in my incubator, also I will buy a hen to be laying the eggs and i add them in the incubator.
Then chicken will cost 35 usd and the remaining 35 usd I will buy eggs.

Income Source

I generate money from a motorcycle which bring 3 usd per day, the money I reinvest in my project, also I have been employed in a security farm where j work as a night guard. The salary I will get it will subsidize the loan.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$75.00

Date disbursed

Jul 30, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Malibu River

Tokyo, Japan

Donald Major

United States

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