Poultry

Doreen

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Doreen

Member since

January 2021

On-time repayments

26 installments  •  38%

About Me

My names are Doreen Sitali, a widow and a proud mother of 5 children but with only 2 surviving children. Am a breed winner in the family and that helps me to work hard even more so that i can feed and take my grand children to school , the children left by my 3 children who have passed.
I came to start my own business after loosing my husband who was a sole provider so that my children can go to school through the help of other women in the community who showed me on how i can run a bossiness. I enjoy gardening in my free time.

My Business

I own a shop at the market where i sell chitenge wrappers and farming tools. am also a poultry farmer. i keep chickens and pigs for business. i choose this kind of business because i know that it is a source of nutrition for people in my community, and also most women need wrapper to wear .I also own about 5 flats that i rent out to the people in my community.
The cost i incurs usually is buying feed for the chickens and pigs. i also want to renovate the poultry so that i put up a bigger on to accommodate about 1000 birds.
i use the profits to run the home and take my grandchildren to school and also reinvest in the business.
also i want to restock my shop

Loan Proposal

when i receive the loan, i want to use the money to pay school fees for 2 of my grand children who qualified to grade 10 as well as buy the required school stuff, so that my business is not disturbed instead i will be able to save money and pay the loan without difficulty.

Income Source

so far the business has been going on well. i keep chickens in 2 stages and the demand is high, also we have now seen an increase in prices by 5% meaning that even the profit is more. also the shop is doing fine in terms of sales and paying back the loan cannot be a problem.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$165.00

Date disbursed

Mar 5, 2021

Repayment status

On Time

Projected term

3 months

Lenders

Kevin

San Francisco, United States

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