200 day old chicks

Sharon

Khayega, Kenya

100% repaid

Entrepreneur

Name

Sharon

Member since

February 2016

On-time repayments

38 installments  •  63%

About Me

I was born to Mr Festus Okumu and mama Getrude Okumu,I am the second born in a family of 6 children,I went to Khayega primary school and then St agnes Shibuye Girls for my secondary education. I was admitted to University of Nairobi but deferred my studies due to lack of fees.
I started farming as so as to raise money for tuition for my college.I bought 10 chicken and kept them in my room since I did not have money to construct them a house,I then acquired a loan of $300 from uwezo fund that I used to construct the poultry house,and add 40 more birds.The birds have since multiplied and are 200. I come just a few meters from the crying stone of kakamega and that's the unique culture in our land.
I love listening to music,singing,and watching documentaries during my free time.

My Business

I keep indigenous chicken organically in my farm .I sell them to a hotel that always orders in advance since the demand is high, I am looking for funds to expand the business so that I can meet the market demands.
I choose these business because I have always loved poultry and because of ready market for chicken in my neighborhood.
my monthly typical costs are $80 for feeds supplements,and vaccination,I spend less on feeds since I practice free range and the birds get 50% feeds from the fields. monthly revenues are $300
.I use the money to save for my school fees and reinvestment in the business and buying my basic needs.

Loan Proposal

dear sir /madam
I am kindly requesting you to lend me $200 to help me execute my expansion plan through purchase of 200 day old broilers which i sell to hotels at 6 weeks. I expect my income to double after 8 weeks. i would be very glad for your help. thank you inadvance

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Jul 11, 2016

Repayment status

On Time

Projected term

46 months

Lenders

Zidisha

Sterling, United States

ads68

Melbourne, Australia

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

P

PC

United States

CNV

United States

PG

Paul Graham

United States

John Minges

United States

Douglas St Quintin

Sydney, Australia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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