Entrepreneur
Name
Samuel
Member since
October 2019
On-time repayments
136 installments • 55%
About Me
Am Samuel Ngigi. Currently living in Nairobi Am a banker by profession and and currently doing pig farming here in Kenya
My Business
I do pig farming .The business is small scale, with a current herd of 50pigs. The major challenge is feeds, which are a bit costly. Another challenge being the market price,with a kg retailing for KES 460 whereas farmers sell at Kes/280 per Kg
Loan Proposal
I am a pig farmer in Ruiru, Kiambu
I also run a pork centre. I buy piglets and fatten them then sell some to other pork centre and also supply to my pork butchery as well. I wish to buy more piglets to fatten at the same time buy mature pigs for slaughter.
Income Source
Despite covid 19 pandemic,many people continue to eat pork hence the sustained demand. I also sell mature pigs to other farmers and to other butcheries. I have also decided to offer takeaway pork to my neighbours whenever I slaughter pigs and these has attracted another chain of customers
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$592.00
Date disbursed
Jul 24, 2020
Repayment status
Late
Projected term
18 months
Other loans
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