Entrepreneur
Name
Mathew
Member since
October 2014
On-time repayments
94 installments • 66%
About Me
I am a pastor in one of the dry areas of machakos district kenya. I am the 8th born of a family of 10. During my primary education, I had to drop from school to go and work as a herds boy for three years before going back to school. I grew up in abject poverty that is why I like empowering young people.
As a pastor I like teaching young people life skills and identifying their potential.
I also registired a business firm on investiments.
My Business
As a pastor and a teacher, I get some allowances from the pastoral ministry as well as from teaching. Besides this, I have some investments through my business firm where I have a farm for growing some crops for sale. I use what I get for educating my children as well as meeting the basic needs of my family. I have noted that there is a high demand of indigenous chicken and so I felt I can venture into poultry and help the youths in the church to establish some income. I would like also to diversify my project to include dairy keeping due to high demand for milk.
Loan Proposal
With this loan I shall use it to construct a dairy unit where I should prepare my self for dairy cattle. I shall buy material for the unit worth 10,000 KES, employ a mason to do the work 6,000 KES and other casuals workers who will assist the mason in that work for 5,000 KES. I shall buy water tank for 9,000 KES and hay for 5,000 KES. This will be in readiness for the dairy project. 10,000 KES will go to insurance while 7251 KES will go towards purchase of an heifer.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$521.00
Date disbursed
Jan 27, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Devon, United Kingdom
United States
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