Poultry farming

Gedion

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Gedion

Member since

July 2015

On-time repayments

285 installments  •  93%

About Me

I was born in 1954 in Western Kenya that is now Kakamega County in Butere District .
I went to Primary School between 1969 to 1976 in Butere .
In Secondary School I went between 1979 to 1980 in Kisii .I am married to one wife with six children all of them are grown up ,they have graduated from the university and are taking care of themselves.
After High school a got a casual job with world vision kenya and I worked with them for 10 year.Their after out of my savings that I got during employment I used it to develop a business (poultry farming) with my wife.

My Business

As stated when I was giving my Biography, I and work with my wife in the poultry farm.We have also diversified and are now trying crop farming and animal rearing.
The Poultry farm has been in existence for over five years . We supply live chicken to the neighbors and also eggs . Due to consistency since we started we have a stable customer base.
The business is profitable because there is high demand for white meat and especially the local chicken which is what we are keeping and also the eggs which are preferred by most people.
The main challenges are diseases and feed which are very expensive especially when the birds are few in number.
My typical monthly cost of running the business is approximately US$300 while gross profit or income before these expenses is usually approximately US$480.
I have started diversifying my agribusiness to include goat keeping n half acre maize cropping to help feeding
I believe that the funding will come because if I get it now I will be able to buy many birds in readiness for the market.
We have from last year seen the need to diversify including in our business crop growing and a few animals which are doing well.

Loan Proposal

Buying
1. Chicken feeds. =415
2 Vaccines. =200
3.improvr Chicken house =100

Feedback

2

None

None

  • Margaret    Oct 12, 2017

    Gedion paid his loan off in a timely manner, I would gladly lend to him again and encourage others to do the same.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$704.00

Date disbursed

Jan 23, 2019

Repayment status

On Time

Projected term

5 months

Lenders

Kitty

Hailsham, United Kingdom

sarasofia

Stockholm, Sweden

J

JayJay

Cleveland, United States

Cloudways

Malta, Malta

L

leniwiec

Poznan, Poland

ads68

Melbourne, Australia

GH

Gav H

Langley, Canada

Jason

Auckland, New Zealand

JFais

Atlanta, United States

JonB

London, United Kingdom

matt carroll

London, United Kingdom, United Kingdom

T

TZ

Singapore, Singapore

Dave Bogard

New York, United States

Jeremy

Washington State, United States, United States

MR

Michiel Rauws

San Francisco, Netherlands

BS

Brandon S

United States

S

Silvano

Switzerland

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

M

Margaret

United States

D

David

United States

Melanie White

United States

JH

Joseph Hwang

Houston, United States

E

EJOBIV

United States

SW

Sean Walsh

United States

J

Netherlands

Shervin

San Francisco, United States

SS

Sean Sullivan

Austin, TX, United States

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

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Summary

Amount repaid

$704.19

Amount remaining

$0.00

Date repaid

Jun 8, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 4, 2019 $35.48 Feb 4, 2019 $35.48
Feb 11, 2019 $14.78 Feb 12, 2019 $14.78
Feb 18, 2019 $14.78 Feb 19, 2019 $14.78
Feb 25, 2019 $14.78 Feb 26, 2019 $14.78
Mar 4, 2019 $14.78 Mar 4, 2019 $14.78
Mar 11, 2019 $35.48 Mar 12, 2019 $35.48
Mar 18, 2019 $35.48 Mar 18, 2019 $35.48
Mar 25, 2019 $35.48 Mar 26, 2019 $35.48
Apr 1, 2019 $35.48 Apr 2, 2019 $35.48
Apr 8, 2019 $35.48 Apr 9, 2019 $35.48
Apr 15, 2019 $35.48 Apr 16, 2019 $35.48
Apr 22, 2019 $35.48 Apr 22, 2019 $35.48
Apr 29, 2019 $35.48 Apr 30, 2019 $35.48
May 6, 2019 $35.48 May 7, 2019 $35.48
May 13, 2019 $35.48 May 13, 2019 $35.48
May 20, 2019 $35.48 May 19, 2019 $35.48
May 27, 2019 $35.48 May 19, 2019 $35.48
Jun 3, 2019 $35.48 May 27, 2019 $35.48
Jun 10, 2019 $35.48 May 27, 2019 $35.48
Jun 17, 2019 $35.48 May 27, 2019 $35.48
Jun 24, 2019 $35.48 May 27, 2019 $35.48
Jul 1, 2019 $35.48 May 27, 2019 $5.91
Jun 4, 2019 $26.21
Jun 8, 2019 $3.35
Jul 8, 2019 $6.50 Jun 8, 2019 $6.50

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