Add more broiler chicken

Rahab

Kizito, Kenya

100% repaid

Entrepreneur

Name

Rahab

Member since

February 2014

On-time repayments

379 installments  •  84%

About Me

Am Rahab Nyambura 30 years old.I have successfully completed my O Level and pursuerd a degree in Business administration at K.C.A university. Besides school am an entrepreneur running four micro businesses one being rearing of broiler chicken second being ,selling of clothes,and a restaurant , when i was starting this business partly of the capital came from my family members and some i generated from engaging myself from odd jobs which i did during the weekends.my motivation was my mum who got a road accident and lost her leg got amputated when i was in school so my fees became a major problem i had to work hard to provide fees and help her where i could.,but by the Grace of God and the help of zidisha loans i have overcome all that.

I am a role model to other young people in my community and university as most of them have been visiting my business.Besides working am involved with an organization by the name kibera infortaners situated in kibera slum where we mentor children and engage them in educational and motivational talks and activities.I also enjoy traveling ,socializing and making new friends...

My Business

Am an entrepreneur lady where by i have a great passion for business which i have studied at a degree level at K.C.A University.I now own five businesses one being selling of new clothes that is mens and ladies trousers,dresses,men and ladies shirts, African attires e.g.sandals.I target mostly the students because according to my research are fashion icons and buy clothes oftenly according to new trends int he market.By getting the fifthzidisha loan i was able to open a shop for selling chicken feeds and also added feeders drinkers,and the bulbs that are used to provide heat or warmth in the brooding room. the profit i was geting from this line of business enabled me to add also to variety of clothes e.g shoes,curtains,and African vitenges and African attires and also by the Gods grace i got several customers who i got to supply new clothes at a wholesale price thus include vitenge and African wrappers(leso in swahili).I maintain my customers by keeping a good customer care relation,asking for their opinions ,, getting to know what the want, by providing an affordable price ,, also coping up with the technology fast changes and also providing fashionable items.Challenges that i face are sometimes prices in wholesale go up due to economic instability and changing my prices becomes an inconvenience.My second business is rearing of broiler chicken which i have increased to an amount of 2000 chicks by the help of the last zidisha loan which i decided to rear them on intervals of 1000 so that i can maintain my customers and also to avoid running out of chicken to sell in my fastfood.Third business is fastfood where i sell chicken meat from my farm and fourth is the shop i opened for feeds ..My clothes business total income is from 1500 dollars,hence the total expenses are 800 dollars thus my profit being 700dollars in quartly..some of the profits i contribute through giving back to the society e.g visiting childrens homes and helping where i can .By the help of the previous loan i have been able to increase the number of chicks i rear to 2000 chicks which i decided to rear them in intervals of 1000chicks after every 2 weeks.now i have finished selling my first lot while the second one is 2weeks which will be ready for sale in next three weeks due to climate change a few to an amount of 30 chicks did not survive thus the total chicks being 1070 inclusive the 2 chicks that are added per box... my profit of clothes has been dormant this is because other pandemic that has occurred this year due to national curfews and Closing of wholesale and retail shops,hence have had time to concentrate on my line of business of rearing broiler chicken.during this Corona pandemic farmers were afraid of rearing chicken due to uncertainty of things so I took advantage of rather a risk and increased chicks from 1400 chicks 2000, which I reared in 2 intervals ,this really boosted me since there were the market was short of chicken
so the demand was high.. the profit of one chicken has increased from 0.90 dollars to 1dollar this because of the decrease of the feeds so that brings the profit being 1000 dollars of the first lot,and same case to the second lot,,part of the profits i contribute through giving back to the society e.g visiting childrens homes and helping where i can,,am also involved in several youth groups where we contribute a certain amount and kept for savings..i also support my grandparents who stay in rural areas to farm coffee..

Loan Proposal

With help of this sixth loan i am planning to add more broiler chicks to an amount or 1400 chicks where buy a chick cost has increased to 0.63 dollars..so this means i will be adding 600 chicks plus what i have been rearing 800 total being 1400 chicks.the cost of 600 one day old chicks is(600*0.630)=378 dollars ..,with the calculations that have done a chicken expense till the time it is ready for sale is 2.46 dollars..thus the expense of 600 chicks is(2.46*600) = 1476 dollars...total epenses is
(1476+378=1854 dollars) ..one chicken goes by the price of 3.39 dollars so the profit is3.39-2.46=0.93 dollars if i get this loan by Gods grace my profit willl be (1400*0.93)=1302
with this profit i'll keep the other businesses growing ,i will also keep on saving and give back to society where i can..
what has motivated me to add more broiler chicks is because a family member who manages a certain a restaurant that consumes not less than 100 broiler chicken in a day has given me a good business opportunity where i can be supplying my broiler chicken whenever they are ready..

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,977.00

Date disbursed

Sep 15, 2017

Repayment status

On Time

Projected term

13 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$1,955.82

Amount remaining

$0.00

Date repaid

Nov 2, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 25, 2017 $34.62 Sep 24, 2017 $34.62
Oct 2, 2017 $34.62 Oct 2, 2017 $34.62
Oct 9, 2017 $34.62 Oct 9, 2017 $34.62
Oct 16, 2017 $34.62 Oct 16, 2017 $34.62
Oct 23, 2017 $34.62 Oct 23, 2017 $34.62
Oct 30, 2017 $34.62 Oct 30, 2017 $34.62
Nov 6, 2017 $34.62 Oct 30, 2017 $0.99
Nov 6, 2017 $33.63
Nov 13, 2017 $34.62 Nov 6, 2017 $0.99
Nov 13, 2017 $33.63
Nov 20, 2017 $34.62 Nov 13, 2017 $0.99
Nov 20, 2017 $33.63
Nov 27, 2017 $34.62 Nov 20, 2017 $0.99
Nov 28, 2017 $33.63
Dec 4, 2017 $34.62 Nov 28, 2017 $0.99
Dec 4, 2017 $33.63
Dec 11, 2017 $34.62 Dec 4, 2017 $0.99
Dec 12, 2017 $33.63
Dec 18, 2017 $34.62 Dec 12, 2017 $0.99
Dec 19, 2017 $33.63
Dec 25, 2017 $34.62 Dec 19, 2017 $0.99
Dec 26, 2017 $33.63
Jan 1, 2018 $34.62 Dec 26, 2017 $0.99
Jan 1, 2018 $33.63
Jan 8, 2018 $34.62 Jan 1, 2018 $0.99
Jan 9, 2018 $33.63
Jan 15, 2018 $34.62 Jan 9, 2018 $0.99
Jan 15, 2018 $33.63
Jan 22, 2018 $34.62 Jan 15, 2018 $0.99
Jan 23, 2018 $33.63
Jan 29, 2018 $34.62 Jan 23, 2018 $0.99
Jan 29, 2018 $33.63
Feb 5, 2018 $34.62 Jan 29, 2018 $0.99
Feb 9, 2018 $33.63
Feb 12, 2018 $34.62 Feb 9, 2018 $0.99
Feb 15, 2018 $33.63
Feb 19, 2018 $34.62 Feb 15, 2018 $0.99
Feb 22, 2018 $33.63
Feb 26, 2018 $34.62 Feb 22, 2018 $0.99
Mar 1, 2018 $33.63
Mar 5, 2018 $34.62 Mar 1, 2018 $0.99
Mar 8, 2018 $33.63
Mar 12, 2018 $34.62 Mar 8, 2018 $0.99
Mar 15, 2018 $33.63
Mar 19, 2018 $0.99 Mar 15, 2018 $0.99
Mar 26, 2018 $24.73 Mar 24, 2018 $24.73
Apr 2, 2018 $24.73 Mar 31, 2018 $24.73
Apr 9, 2018 $24.73 Mar 31, 2018 $4.95
Apr 9, 2018 $19.78
Apr 16, 2018 $4.95 Apr 9, 2018 $4.95
Apr 23, 2018 $24.73 Apr 25, 2018 $24.73
Apr 30, 2018 $0.00
May 7, 2018 $11.88 May 5, 2018 $11.88
May 14, 2018 $19.87 May 5, 2018 $0.09
May 11, 2018 $19.78
May 21, 2018 $19.79 May 20, 2018 $19.79
May 28, 2018 $19.79 May 20, 2018 $0.01
May 22, 2018 $7.91
May 27, 2018 $11.87
Jun 4, 2018 $11.90 May 27, 2018 $0.03
Jun 3, 2018 $11.87
Jun 11, 2018 $14.85 Jun 11, 2018 $11.87
Jun 16, 2018 $2.98
Jun 18, 2018 $11.86 Jun 16, 2018 $11.86
Jun 25, 2018 $16.83 Jun 24, 2018 $16.83
Jul 2, 2018 $16.83 Jun 24, 2018 $0.98
Jun 30, 2018 $15.85
Jul 9, 2018 $16.83 Jun 30, 2018 $3.94
Jul 6, 2018 $12.89
Jul 16, 2018 $16.83 Jul 6, 2018 $6.90
Jul 12, 2018 $9.93
Jul 23, 2018 $34.58 Jul 12, 2018 $3.92
Jul 21, 2018 $14.84
Jul 29, 2018 $15.83
Jul 30, 2018 $0.00
Aug 6, 2018 $14.85 Aug 7, 2018 $7.91
Aug 10, 2018 $6.93
Aug 13, 2018 $14.85 Aug 10, 2018 $0.04
Aug 24, 2018 $14.81
Aug 20, 2018 $14.85 Aug 24, 2018 $5.00
Aug 28, 2018 $9.85
Aug 27, 2018 $0.04 Aug 28, 2018 $0.04
Sep 3, 2018 $14.84 Sep 4, 2018 $9.89
Sep 9, 2018 $4.95
Sep 10, 2018 $14.84 Sep 9, 2018 $0.99
Sep 22, 2018 $9.89
Sep 24, 2018 $3.96
Sep 17, 2018 $5.94 Sep 24, 2018 $5.94
Sep 24, 2018 $0.00
Oct 1, 2018 $0.00
Oct 8, 2018 $14.34 Oct 8, 2018 $14.34
Oct 15, 2018 $5.54 Oct 8, 2018 $5.54
Oct 22, 2018 $445.16 Oct 9, 2018 $445.16
Oct 29, 2018 $228.02 Oct 29, 2018 $101.89
Nov 2, 2018 $126.13
Nov 5, 2018 $0.26 Nov 2, 2018 $0.05
Nov 2, 2018 $0.21

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