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
with this loan am applying, i want to restock on feed for my poultry. one batch of 500 birds are in 5th week and consumption has increased. the benefit is that when i begin to sell the birds next week,it will give me money to repay this same loan and help me purchase feed for the birds that are 2weeks old.
After selling my 500 birds, i expect the profit to increase by 25% or more
Income Source
With the food business, you can never go wrong especially chickens. Chickens are on demand such that you can even finish selling within 3 days upon starts selling. our customer are houselholds, restaurants, lodges and usually those buying for resell.
cost of keeping chickens has gone up, but when they are well kept and feed , we are able to make some money out of it.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$65.00
Date disbursed
Feb 11, 2021
Repayment status
On Time
Projected term
2 weeks
Other loans
Lenders
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Summary
Amount repaid
$65.31
Amount remaining
$0.00
Date repaid
Feb 15, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 24, 2021 | $32.68 | Feb 15, 2021 | $32.68 |
| Mar 3, 2021 | $32.63 | Feb 15, 2021 | $32.63 |
Bryce Schubert May 25, 2021
Christine E Graham Jan 29, 2021
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