Raise 50 chickens to pay university tuition

Philister

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Philister

Member since

May 2014

On-time repayments

141 installments  •  46%

About Me

I am Philister munala from Kenya aged 24 years old.i was born and raised in Kenyatta a place known as Eastleigh. I grew up with both my parents my mum being the breadwinner of our family. I have recently completed my degree in bachelor of commerce marketing at Kenyatta University.I decided to start my poultry business in the year 2014 due to financial strains. I wanted to help my mum in raising fee for my University degree.I have overcome hardships in life because of my business.It has helped me manage to pay my fee and I really want to continue helping my mum in paying for my younger siblings School fee.

My Business

My business is purely poultry farming.I have just been dealing with kienyeji chicken in the past but currently I really want to add broilers chicken in my business.i have been incurring costs in buying food for my chicken which budgets to a total of 5000ksh, also buying medicine for my chicken to prevent them from getting any disease and this totals to 3000ksh..My loan request will help me in adding broilers chicken, expand the house where they will live, add food and medicine to them..The Nairobi Agricultural show is soon approaching and I want to showcase my business at the show..This will really help me in increasing my profits and continue to support my younger siblings..Thankyou

Loan Proposal

The breakdown for the loan is as follows:
50 chicks $60
Roofing sheet $ 25
3 Feeders $13
Wire mesh $18
Total $ 116
The remaining balance will cater for any miscellaneous expenses
With the loan after buying more chicks my profit margin would increase which will go a long way in paying for my tuition fee at the university to supplement the one I get from the government and also cater to some household needs .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jun 5, 2014

Repayment status

On Time

Projected term

3 months

Lenders

tmisch

San Jose, California, United States

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

lyalljellyman

Wellington, New Zealand

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