Entrepreneur
Name
Charles
Member since
April 2016
On-time repayments
152 installments • 6%
About Me
am charles ouma, 27 years old was born and brought up in a village called ogembo in kisii, kenya. i have 5 sibling and am the youngest. i had a good family who really tried hard to make ends meet and provide for us. after completing highschool i joined one of the local colleges where i studied agriculture economics, it was tough to find a job after searching for a while i decided to venture into farming and thats when i thought of rabbit farming as a source of income.
i started with 10 rabbits since i did not have enough income to invest in more rabbits but i have worked hard to a point of having 100 rabbits and i would like to increase the no. in the future.
My Business
i rear rabbit which i sell and thats how i make my income. so far i have 100 rabbits and i have put them in different categories. i have those that are for breeding and those that i sell, in a month i sell at least 20 rabbits. each rabbit goes for kes 800,this gives me kes 16000 every month, i spend kes 4200 to buy feed for the rabbits, kes 4000 to pay for amenities kes 800 to buy for my monthly contribution for my retirement scheme and save kes 7000 in case of any emergency so that i can have something to help me out.
Loan Proposal
i would like to request for a loan of $10 to help me purchase feeds for my rabbits. i will be grateful if you fund my loan. this we'll help my rabbits grow fast so that they can be ready for market and this we.ll see me get an increase in my profit thus paying my loan on time
thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Aug 31, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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