Adding chickens and chicken feed

Mugendi

Kinoo - Kikuyu, Kenya

64% repaid

Entrepreneur

Name

Mugendi

Member since

February 2015

On-time repayments

210 installments  •  42%

About Me

As a young boy in the early seventies, I was raised at the eastern slopes of Mt Kenya where survival and adventure went hand in hand. Though schooling was not interesting for most of my peers, I somehow got fascinated with learning which led me to stay on to complete both elementary and high school. This drew a clear line between my destiny and that of most of my age mates' setting us on two different paths in life.
After completing high school, I secured a place in one of the leading mid-level colleges in the city of Nairobi where I was enrolled for a diploma course. On completing my course, I set out to seek for a job. After six months is when I got one with a freight forwarding and logistics company. Considering the challenges I faced while seeking for the job, I endeavored to one day start my own business where I can also be an employer.
It was rather unfortunate that after working for the company close to ten years, it started declining as a result of mismanagement and funds misappropriation by the directors. By the time I decided to quit, I had worked for ten months without a salary. All this time I survived on my savings which were also draining out considering that I already had a family. After another search for a job for three months without success, I made an interestingly radical decision; to volunteer my time and services to an orphanage (children’s’ home). By this time, paying house rent and my children’s’ school fees was a big challenge. This is when I knew true value of friends in life because a number of them came to my rescue on many occasions.
In the midst of all this, I realized there was a sufficient space just beside my house. Thinking of how to utilize it, an idea of poultry keeping popped up and it was like a new dawn to me. I had to squeeze out of the little allowance I get from the orphanage to construct a chicken coop. I also managed to buy five mature indigenous chickens. This brought a lot of excitement to my wife, daughter and our three sons. Actually one of my boys was so inspired by the whole issue till he now desires to be a vet doctor. This small venture has to some good extent relieved our financial challenges.
My first born daughter is currently in 9th grade desires to become a medical engineer. The eldest son in the 5th grade wish to become a pilot and his immediate brother in the 4th grade would wish to be a vet doctor. The last born son desires to be a computer engineer. They all have challenged me to work harder to facilitate them achieve their dreams.
Most of my refreshing moments are when am with my family at home, church and out visiting. Other precious moments are with the orphanage kids especially hiking up the hills and running around the home.

My Business

Am currently rearing chicken next to my rented house. This provides both meat and eggs both for sale and family consumption. Later on, am considering adding other types of birds like gees, turkey, ducks, pigeons and other kinds of domestic birds. I supply to individual consumers and several retail outlets.
The community around where I operate mostly buys both chicken meat and eggs from the butcheries and the stores respectively. This has given me an advantage because my products are both fresh and lower in prize in comparison with the butcheries and the stores thus attracting customers.
My choice of poultry keeping was initially as a result of the space available and the convenience of being next to my house. After further survey, I noted the demand for the products was high particularly because it’s a residential area and most the residents find it easier to buy from me. My other consideration was that it did not require a lot of capital to start. Am also glad that chicken rearing has given my family an easy access to sufficient and affordable protein diet.
Much of the costs are for buying chicken feed and lighting the chicken coop. This takes close to 30% of the total sales. Other expenses include medicines, packaging, and deliveries though they are short distances. At times I spend on repairs for the chicken coop.
The incomes from chicken rearing have helped me pay for my children’s school fees. I have four kids, of whom one is in high school and three in elementary school. All these have been in private schools which are quite expensive but offer more quality education than the public schools. I have also been using some of the proceeds to feed the family and also add a few more birds when the financial burdens are not very heavy on me.

Loan Proposal

With the new loan, I intend to buy 50 more chicken at US$ 9 each and with the balance I will purchase 130 kilos of layers mash at US$ 0.5 per kilo.
This will significantly increase my egg production and consequently improve my earnings.
Within a period of 6 months, I hope to have made close to 50% profit. This extra income will help me pay school fees for my children and donate some little percentage to an orphanage where am a volunteer.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$546.00

Date disbursed

Dec 31, 2016

Repayment status

Late

Projected term

34 months

Lenders

JFais

Atlanta, United States

TomF925

www.AfricaLeap.com, United States

Matt B

Stratford Upon Avon, United Kingdom

Cliff

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

Katja

Switzerland

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Mugendi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$350.00

Amount remaining

$196.43

Expected completion

Oct 27, 2019

Status

Repaying late

Installment amount

$5.04

Repayment History

Expected Payments Actual Payments
Jan 8, 2017 $41.30 Jan 8, 2017 $41.30
Jan 15, 2017 $5.04 Jan 16, 2017 $5.04
Jan 22, 2017 $5.04 Jan 22, 2017 $5.04
Jan 29, 2017 $5.04 Jan 30, 2017 $5.04
Feb 5, 2017 $5.04 Feb 5, 2017 $5.04
Feb 12, 2017 $5.04 Feb 11, 2017 $5.04
Feb 19, 2017 $5.04 Feb 18, 2017 $5.04
Feb 26, 2017 $5.04 Feb 25, 2017 $5.04
Mar 5, 2017 $5.04 Mar 11, 2017 $5.04
Mar 12, 2017 $5.04 Mar 15, 2017 $5.04
Mar 19, 2017 $5.04 Mar 25, 2017 $5.04
Mar 26, 2017 $5.04 Mar 30, 2017 $5.04
Apr 2, 2017 $5.04 Apr 6, 2017 $5.04
Apr 9, 2017 $5.04 Apr 16, 2017 $5.04
Apr 16, 2017 $5.04 Apr 26, 2017 $5.04
Apr 23, 2017 $5.04 Apr 28, 2017 $5.04
Apr 30, 2017 $5.04 Apr 29, 2017 $5.04
May 7, 2017 $5.04 May 8, 2017 $5.04
May 14, 2017 $5.04 May 14, 2017 $5.04
May 21, 2017 $5.04 May 21, 2017 $5.04
May 28, 2017 $5.04 May 27, 2017 $5.04
Jun 4, 2017 $5.04 Jun 10, 2017 $5.04
Jun 11, 2017 $5.04 Jun 13, 2017 $5.04
Jun 18, 2017 $5.04 Jun 29, 2017 $5.04
Jun 25, 2017 $5.04 Jun 29, 2017 $5.04
Jul 2, 2017 $5.04 Jul 2, 2017 $5.04
Jul 9, 2017 $5.04 Jul 11, 2017 $5.04
Jul 16, 2017 $5.04 Jul 19, 2017 $5.04
Jul 23, 2017 $5.04 Jul 22, 2017 $5.04
Jul 30, 2017 $5.04 Aug 3, 2017 $5.04
Aug 6, 2017 $5.04 Aug 18, 2017 $5.04
Aug 13, 2017 $5.04 Aug 28, 2017 $5.04
Aug 20, 2017 $5.04 Aug 29, 2017 $5.04
Aug 27, 2017 $5.04 Aug 29, 2017 $5.04
Sep 3, 2017 $5.04 Jan 24, 2019 $5.04
Sep 10, 2017 $5.04 Jan 24, 2019 $5.04
Sep 17, 2017 $5.04 Jan 30, 2019 $5.04
Sep 24, 2017 $5.04 Jan 30, 2019 $5.04
Oct 1, 2017 $5.04 Feb 8, 2019 $5.04
Oct 8, 2017 $5.04 Feb 8, 2019 $5.04
Oct 15, 2017 $5.04 Mar 4, 2019 $5.04
Oct 22, 2017 $5.04 Mar 4, 2019 $5.04
Oct 29, 2017 $5.04 Sep 21, 2019 $5.04
Nov 5, 2017 $5.04 Sep 21, 2019 $5.04
Nov 12, 2017 $5.04 Dec 18, 2019 $5.04
Nov 19, 2017 $5.04 Dec 18, 2019 $5.04
Nov 26, 2017 $5.04 Jan 14, 2021 $5.04
Dec 3, 2017 $5.04 Jan 14, 2021 $5.04
Dec 10, 2017 $5.04 Jan 27, 2021 $5.04
Dec 17, 2017 $5.04 Jan 27, 2021 $5.04
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $0.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $0.00
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $0.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $0.00
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $0.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $0.00
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $10.52 Jan 28, 2021 $10.52
Dec 23, 2018 $10.52 Jan 29, 2021 $10.52
Dec 30, 2018 $10.52 Jan 30, 2021 $10.52
Jan 6, 2019 $10.52 Feb 1, 2021 $10.52
Jan 13, 2019 $10.52 Feb 5, 2021 $10.52
Jan 20, 2019 $5.04 Feb 24, 2021 $5.04
Jan 27, 2019 $5.04 Feb 24, 2021 $4.29
Feb 3, 2019 $5.04
Feb 10, 2019 $5.04
Feb 17, 2019 $5.04
Feb 24, 2019 $5.04
Mar 3, 2019 $5.04
Mar 10, 2019 $5.04
Mar 17, 2019 $5.04
Mar 24, 2019 $5.04
Mar 31, 2019 $5.04
Apr 7, 2019 $5.04
Apr 14, 2019 $5.04
Apr 21, 2019 $5.04
Apr 28, 2019 $5.04
May 5, 2019 $5.04
May 12, 2019 $5.04
May 19, 2019 $5.04
May 26, 2019 $5.04
Jun 2, 2019 $5.04
Jun 9, 2019 $5.04
Jun 16, 2019 $5.04
Jun 23, 2019 $5.04
Jun 30, 2019 $5.04
Jul 7, 2019 $5.04
Jul 14, 2019 $5.04
Jul 21, 2019 $5.04
Jul 28, 2019 $5.04
Aug 4, 2019 $5.04
Aug 11, 2019 $5.04
Aug 18, 2019 $5.04
Aug 25, 2019 $5.04
Sep 1, 2019 $5.04
Sep 8, 2019 $5.04
Sep 15, 2019 $5.04
Sep 22, 2019 $5.04
Sep 29, 2019 $5.04
Oct 6, 2019 $5.04
Oct 13, 2019 $5.04
Oct 20, 2019 $5.04
Oct 27, 2019 $4.29

Loading...