Name
Abdirahman
Member since
April 2017
On-time repayments
11 installments • 64%
i was born in a place called Bomet in the Rift Valley, i also happened to get educated in the same area at my secondary and primary levels of education before i went to The University of Nairobi for high education.
I took a course in Education, at the Moment i am a teacher in Kanunga secondary school in Kaimbu teaching Mathematics and chemistry.
I came to start the business of rearing Rabbits because i wanted a side business that could help me make extra money because what ever i was earning was not sufficient for mt entire family.
Kiambu is a unique town inhabited by aggressive people, this is what i see as unique , i love farming and this is what i engage in mostly when i am not in school.
i offer both teaching services professionally as well as sale of meat ffrom the rabbit.
This services are useful because their is an increased demand for rabbit meat in Kenya and particularly Kiambu region, the demand is also high because with few people engaging in this business getting the rabbit meat is quite a challenge and this makes the demand to be high.
i use the profits that i get to educate my kids, invest into the business by buy food for the rabbits, buy new breads of rabbits
i will use the loan to open up a butchery in town where i can be selling the rabbit meat from. I have a budget of 200 us dollars to see through the successful start of this business, given the loan, i will add to my savings and start the business.
I will benefit so much from the butchery because i will now be slaughtering my rabbits from home and take them for sale at the shop, i expect an income raise of 40 to 50 us dollars every single day from the butchery business
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$7.00
Date disbursed
Apr 20, 2017
Repayment status
On Time
Projected term
5 weeks
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