Help me expand my baking project

Rose

Narobi, Kenya

100% repaid

Entrepreneur

Name

Rose

Member since

January 2014

On-time repayments

342 installments  •  82%

About Me

Am a Kenyan aged 41yrs (Female) and am currently in a farming project where I do commercial layers. I have 250 layers at the moment by September am planning to add another 150 layers coz I have an extra cage that is empty. I'm also starting a rabbit farm where I have 1 male and 2 females with 13 kits which am planning to expand to 100 rabbits when finance allows. These projects are doing well at the moment because there is a ready market for eggs and rabbits for slaughter. I am moving closer to financial freedom as I also ensure that my clients have all they need from my farm. looking forward to getting funds to construct the rabbit house for more breeding and expansion of the project.

My Business

As I stated earlier I'm in the farming business after the covid pandemic I discovered there is already a market for eggs and also venturing into rabbit farming. I thank my previous lenders who have supported my projects and I have also been able to repay the previous loans without struggle.
am once again appealing to all lenders to once again lend me money so that I can continue expanding my business.

Loan Proposal

I intend to use the money in buying an oven to do the baking as at the moment am using an oven borrowed from a friend. I will also use part of the money to buy baking trays and cake decoration tools. A structure where the baking takes price has been a challenge and therefore I will put some funds into ensuring I have a kitchen where I will be doing the baking.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$578.00

Date disbursed

Oct 19, 2016

Repayment status

On Time

Projected term

42 months

Lenders

Paul Buchheit

Mountain View, United States

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