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
Keeping 60 chicken feeds $ 400
Vaccines $ 200
Crop cultivation $ 150
Animal feeds and vaccines $ 300
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,006.00
Date disbursed
Feb 11, 2020
Repayment status
On Time
Projected term
5 months
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Summary
Amount repaid
$1,006.99
Amount remaining
$0.00
Date repaid
Jun 4, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 20, 2020 | $29.56 | Feb 22, 2020 | $29.56 |
| Feb 27, 2020 | $29.56 | Mar 1, 2020 | $29.56 |
| Mar 5, 2020 | $29.56 | Mar 8, 2020 | $29.56 |
| Mar 12, 2020 | $29.56 | Mar 14, 2020 | $29.56 |
| Mar 19, 2020 | $29.56 | Mar 21, 2020 | $29.56 |
| Mar 26, 2020 | $29.56 | Mar 28, 2020 | $29.56 |
| Apr 2, 2020 | $0.00 | ||
| Apr 9, 2020 | $29.56 | Apr 4, 2020 | $29.56 |
| Apr 16, 2020 | $29.56 | Apr 15, 2020 | $29.56 |
| Apr 23, 2020 | $29.56 | Apr 25, 2020 | $29.56 |
| Apr 30, 2020 | $29.56 | May 2, 2020 | $29.56 |
| May 7, 2020 | $29.56 | May 8, 2020 | $29.56 |
| May 14, 2020 | $59.62 | May 14, 2020 | $59.62 |
| May 21, 2020 | $59.62 | May 14, 2020 | $59.62 |
| May 28, 2020 | $59.62 | May 22, 2020 | $59.62 |
| Jun 4, 2020 | $59.62 | May 22, 2020 | $59.62 |
| Jun 11, 2020 | $59.62 | May 22, 2020 | $59.62 |
| Jun 18, 2020 | $59.62 | May 22, 2020 | $13.30 |
| May 28, 2020 | $46.32 | ||
| Jun 25, 2020 | $59.62 | May 28, 2020 | $59.62 |
| Jul 2, 2020 | $59.62 | May 28, 2020 | $59.62 |
| Jul 9, 2020 | $59.62 | May 28, 2020 | $31.53 |
| Jun 4, 2020 | $28.08 | ||
| Jul 16, 2020 | $59.62 | Jun 4, 2020 | $59.62 |
| Jul 23, 2020 | $59.62 | Jun 4, 2020 | $59.62 |
| Jul 30, 2020 | $26.00 | Jun 4, 2020 | $26.00 |
Margaret Oct 12, 2017
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