200 day old chicks

Emily Okumu

Yenga, Kenya

100% repaid

Entrepreneur

Name

Emily Okumu

Member since

February 2016

On-time repayments

52 installments  •  69%

About Me

Hello to you all .
My names are Emily Okumu,I was raised but my aunt when both my parents perished in a grisly road accident while rushing me to hospital when I was 3 months old. I schooled upto secondary where I sat my KCSE and passed well. I was not however able to join collegedue to lack of finance.
i joined Yombele youth group where I learnt about poultry farming. I got intrested very much but I did not have money to start, I took a loan of $50 from the group and bought 30 chicks, the mortality rate was high and I lost 26 chicks, I dint give up but learn some lessons. I later added another 30 chicks and these time round I was lucky as only one died. I am now proud of 150 birds and happy the business is growing.
I am loving and caring, I love reading novel,watching documentaries and listening to gospel music during my free time.

My Business

I am a small scale poultry bad with big dreams of becoming a large scale poultry farmer in future. I currently provide fertilized eggs and poultry for sale.
there is high demand for organic poultry and poultry products,I sell my eggs to a hatchery and birds to a hotel ,I rarely meet the demand as the demand is very high.
I choose these business after receiving training in poultry keeping from my youth group,I felt it could change my life and that's why I decided to try my hand on it.
I spend $100 per month on feeds and vaccinations and my monthly income is $280 ..
I use the profits to save for business expansion,buy my basic needs and pay fees for my niece.

Loan Proposal

I would use the money to buy 200 day old chicks at $1 each and use $100 to buy feeds and vaccines. With these birds I would be able to supply my customers throughout the year ,hence I will be reliable supplier to my customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$305.00

Date disbursed

Jun 16, 2016

Repayment status

On Time

Projected term

60 months

Cost to entrepreneur

Service fee: $13.19

Lenders

ErikN

Stockholm, Sweden

C

cjmenchaca

Austin, United States

DavidHS

United Kingdom

K

Keith

Luxembourg

J

jennie

Guatemala

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

C

Campbell

New Zealand

A

Anonymous

United States

A

Anonymous

United States

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