268 installments • 61%
I dropped out electrical engineering class from Moi university in the year 2010. I was forced to drop out of university due to problems in paying my fees but since then i found pleasure doing poultry farming. I was selected to be one of the youths in my county to pioneer a poultry farming project dubbed 'kicking away poverty one chick at a time'. The project, aimed at alleviating poverty among young adults in my county, involved donating one hen, one cock and two chicks to selected youth. With little help from wages i had made working in a local brewing den here in my village where i was paid 2 dollars a day to help in brewing an illicit brew called chang'aa where i managed to buy 2 hens per week.I have since then been successful and I now own close to 200 chicken at any given time. I believe that I can grow my business and take it to the next level. My dream is to be a model poultry farmer in my county, and possibly inspire as many youths as possible to consider agribusiness as a serious and viable business undertaking. With the couple of loans zidisha have given me since year 2014 it has helped improve my farms earnings and am happy to report that i managed to go back to university and got admitted as a second year student in the school of business management, and my hope is that my business will be able to support me through.I also dream to run a multiple number of businesses in the future for instance electronics which i dealt with when i first joined university in the year 2007.
I rear chicken and I am currently listed as a supplier in a local schools where I supply eggs and occasionally, chicken.I also supply eggs in near local shopping centers close to my home and my hometown too.I currently have 200 egg-laying chicken and I supply 10 crates of eggs per week (300 eggs). This earns me approximately 50 dollars per week. I also occasionally sell an average figure of 10 chicken a week earning 40 dollars. This translates to an average of 350 dollars per month. I also have expenses as follows: chicken feed- 100 dollars, veterinary services- 50 dollars and other miscellaneous expenditure of about 50 dollars. Zidisha has helped me also purchase a chaff cutting machine which has also proven resourceful since it can earn me an average figure of 10 dollars a week from grinding chicken feeds from various farm remains that i sell to my surrounding community.Zidisha loans also helped me acquire a computer set and a printer which has improved the efficiency in my farm more so record keeping of farms sales and purchases.I recently acquired two cows that are yet to be productive.My farm has three casual employees who are currently assisting me to do the farm work and i pay them total of 100 dollars per a month. My personal living expenses have since improved from about 100 dollars to 170 dollars per month.
Dear lenders may i take this wonderful moment to extend my sincere gratitude to you for having contributed to my past loan which i have sucessfully repaid.My farm as really mantained its look and it growing gradually.Lately i have noticed i am getting hard times with record keeping ,stock taking and other management issues.I have been advised to get a computer and a printer and a internet modem to assist me solve or at least keep at check these problems through information technology.I take this chance to urge all lenders to kindly contribute to my loan application to enable me raise cash funds to purchase a laptop at an estimated cost of $300.A local vender here at my hometown as promised to give me a discount by giving me a free internet modem upon purchasing that laptop.The printer will cost me $100.This will add up to an estimated cost of $450 including a few miscellaneous expenses.This project will help me solve a numbers of issues for instance the internet will help me in research to come up with new ideas on how i better my farm and my society as a whole.It will also save me miles i take searching for this services in my hometown.I hope to also help a few locals here but it wont be that heavily commercial in terms of printing.My kind regards to the lenders and the whole zidisha team for being there for my farm that is enabling me better my life, family and my surrounding society.Long live zidisha organization.........................................
Dec 10, 2015
Cost to entrepreneur
Service fee: $16.63
Edwin opted to pay $112.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.