Name
Stephen
Member since
May 2013
On-time repayments
84 installments • 35%
my names are stephen charo i live at kaloleni giriama. am father and a parents of six children two are boys and four are girls. in this six children only the last born she is the one whom she is still at school in secondary but the others are all grown up and they are looking after themselves.my education background is class seven of the Kenya old education system. with my earnings from my business i do buy things like food for my family and myself i also use the income to pay school fees. and do increase more chicks on my poultry
my business is of poultry here at kaloleni. i keep both chickens for meet and for eggs. this business it is very profitable because when the chickens are ready for sell then i do get more income than the buying price. it is also well on demand because due of the hotels and the local restaurant within here at kaloleni the are all buying or making their orders from me so it is on demand enough.my monthly running cost is Kenya shillings 20,000. and my monthly sales revenues is Kenya shillings 50,000. it is therefore giving me a monthly profit of Kenya shillings 30.000 per month.
with this being my second loan am planning to use this on the expansion of my poultry and the rest i will buy more stock of younger chicks because the festive season is at the corner coming which is December. because during this season the i normally sell more chicks to the hotels and to the people for celebration
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Nov 25, 2013
Repayment status
On Time
Projected term
24 months
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