Expand the size of my poutry house due to increased hatching
David
Ilinge, Kenya
100% repaid
Entrepreneur
Name
David
Member since
February 2015
On-time repayments
321 installments • 26%
About Me
My names are David Mutiso i came from a rural called mwala in KENYA,where i struggled to gain education ,i would walk for around 10km to my primary school,,I have really struggle with life and now i thank GOD am graduating this year ,am small scale poultry farmer,,,i usually support my family with all what i get from the poultry business.my hobbies are travelling and singing sacred songs.
My Business
my business is usually farming which have seen me overcome all my financial challenges in life,started poultry business after realizing the demand for chicken was very high and even today the demand is still very high,,,chicken are very resistance to diseases and bring very good returns,,i usually uses my profits for re investment and educating my siblings..The typical cost is about 20000ksh and the revenue is about 40000ksh,Now due to savings from poutry farming i have ventured in dairy cow farming which now i humbly request you to fund my loan towards purchase of freezer to store milk in order to store my milk while am marketing it so as it cannot go bad
Loan Proposal
I owe lenders great thanks for loaning me my first loan,you made my poultry business grow ,this have lead to positive impact on my family,my business and my community too.From the initial loan i was able to buy the incubator which have tremendous increased the number of chicks being hatch .i can happily say that my sales and my customers have increased ten times more.My earning have increased by 60-80%.I now want to request lenders to advance me a new loan in order to expand the size of my poultry house so that the house can accommodate the increased continuous hatching from my egg incubator ,i will spend the whole loan in putting up the structure,,,,with the expansion of the poultry structure this will double the production of the farm.I promise i will repay for the loan accordingly.I thank my lenders in advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$144.00
Date disbursed
Apr 13, 2015
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
Australia
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