Entrepreneur
Name
Linnet
Member since
June 2017
On-time repayments
50 installments • 78%
About Me
Attended Cambridge secretarial college, worked as secretary , from my meagre earnings went to college to get professional certificates, got a better job. Saved and bought land, sold land and got profit and started business with the profit. We have a lake the biggest fresh water lake in Africa. my son would like to be a Lawyer when he grows up and my daughter an entrepreneur. my unique hobby is Adventure,
My Business
i do fish farming in lake victoria . This is quite an interesting business with high returns but high risks involved , i have been doing this for the last three months and hope to get a good yield at the end of the the season. fish take about 8 months to maturity.
i chose this business because there is a deficit of fish production in lake victoria the number of fish in the lake cannot sustain our population there is high demand of fish since people are now health conscious and believe that white meat is good for their health.
typical costs include the fish feeds, labour and maintainance
i intend to use the profit for paying start up costs and also to for re investment
Loan Proposal
purchase of fingelings 10g , 1000 pieces @ $ 0.1 = $ 100
purchase of fish feeds 4 bags 90 kg @ $ 35 = $ 140
transport $ 19.8 = 19.8
total expenditure = 259.8
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Loan Info
Project Type
Classic Loan
Disbursed amount
$256.00
Date disbursed
Dec 5, 2018
Repayment status
On Time
Projected term
3 months
Lenders
Houston, United States
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