Peter
Moisbridge, Kenya
100% repaid
Name
Peter
Member since
March 2015
On-time repayments
266 installments • 20%
Hello Lender,
It is long-time seek a loan due to business being affected by flood but I thank God am back in my foot and repaid my loan.
Currently I keep poultry and I have a stock of 200 hen donated by self help group. The chickens are laying eggs that has facilitate payment of my loan. I intend to add more because I have master the art of business.
I rear chicken as agribusiness and I have reared 200 birds. I want to increase my stock to 400 to generate an income of $20 per after deduction of expenses.
I am looking for loan to boost my poultry hatching business to start rearing 100 improved indigenous hens for eggs. The cost of buying 100 hens is $100.
When I start rearing hens for production of eggs I will reduce the cost of buying eggs and produce quality eggs from my layers.
My profit will increase by almost double, because I do spent a lot of money to buy eggs from farmers and sometimes they are not available.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 16, 2015
Repayment status
On Time
Projected term
8 weeks
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