Entrepreneur
Name
Moses
Member since
May 2017
On-time repayments
28 installments • 43%
About Me
My name is Moses Indumuli, famously known as pastor in my village(muchanja). I have 8 children, 4 already have completed form 4. I manage to reach form two during our time. I decide to do chicken business becose in our community people like to eat hens(ingoko). Also, my wife also help me in rearing this hens when i bring home. Despite hardship we have in our area, i have been very hopeful and determined in my work that made me to pay school fees for my four children till secondary level, this becose i want them to live a better life than mine.
My Business
In aday i can buy five ingokos, one costing @$4, and sell @$5, making a profit of @$0.5. As well in a bad day i will have my $2. Why did i choose chicken business because luhiyas like eating chicken meat and therefore demand is high. Also, in our community chicken is a cultural pet and you wont miss to see in any homestead.
Loan Proposal
with a loan of ksh1800, i will be able to buy four hens at a cost of ksh1600, the remaining ksh200 will be my savings. the four hens will be able to give ksh2000 after sale. profit of ksh400, plus ksh200 for savings. it will be a good deal as this is a business of one or two days.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$19.00
Date disbursed
Jul 18, 2017
Repayment status
Late
Projected term
5 months
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