Name
Gedion
Member since
July 2015
On-time repayments
285 installments • 93%
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.
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.
This loan will enable me to increase my chick breeds which will give me 3 trays of kienyeji/ traditional eggs in high demand within my area.
Also because subsidization I am farming about an acre of maize. I will buy seeds , fertilizers, vaccines and harrowing and planting
I am also applying diversification by keeping animals. Currently I have six (6) goats. two on which are now three months Old.
Corona virus should not be an impediment for normal life to go on. Keeping animals is an activity I enjoy because its Zero grazing within and around my environs. Chicken handling is also possible by keeping safe and following the government regulations and keeping distance.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,460.00
Date disbursed
Jun 20, 2020
Repayment status
On Time
Projected term
8 months
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Amount repaid
$1,460.13
Amount remaining
$0.00
Date repaid
Mar 3, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 2, 2020 | $0.00 | ||
Jul 9, 2020 | $34.50 | Jul 4, 2020 | $34.50 |
Jul 16, 2020 | $34.50 | Jul 11, 2020 | $34.50 |
Jul 23, 2020 | $34.50 | Jul 18, 2020 | $34.50 |
Jul 30, 2020 | $34.50 | Jul 25, 2020 | $34.50 |
Aug 6, 2020 | $34.50 | Aug 1, 2020 | $34.50 |
Aug 13, 2020 | $34.50 | Aug 8, 2020 | $34.50 |
Aug 20, 2020 | $34.50 | Aug 22, 2020 | $34.50 |
Aug 27, 2020 | $34.50 | Aug 29, 2020 | $34.50 |
Sep 3, 2020 | $34.50 | Sep 5, 2020 | $34.50 |
Sep 10, 2020 | $34.50 | Sep 12, 2020 | $34.50 |
Sep 17, 2020 | $34.50 | Sep 19, 2020 | $34.50 |
Sep 24, 2020 | $0.00 | ||
Oct 1, 2020 | $34.50 | Sep 26, 2020 | $34.50 |
Oct 8, 2020 | $34.50 | Oct 10, 2020 | $34.50 |
Oct 15, 2020 | $34.50 | Oct 16, 2020 | $34.50 |
Oct 22, 2020 | $34.50 | Oct 24, 2020 | $34.50 |
Oct 29, 2020 | $34.50 | Oct 31, 2020 | $34.50 |
Nov 5, 2020 | $0.00 | ||
Nov 12, 2020 | $34.50 | Nov 13, 2020 | $34.50 |
Nov 19, 2020 | $34.50 | Nov 21, 2020 | $34.50 |
Nov 26, 2020 | $34.50 | Nov 28, 2020 | $34.50 |
Dec 3, 2020 | $34.50 | Dec 5, 2020 | $34.50 |
Dec 10, 2020 | $34.50 | Dec 14, 2020 | $34.50 |
Dec 17, 2020 | $0.00 | ||
Dec 24, 2020 | $34.50 | Dec 26, 2020 | $34.50 |
Dec 31, 2020 | $34.50 | Jan 1, 2021 | $34.50 |
Jan 7, 2021 | $34.50 | Jan 9, 2021 | $34.50 |
Jan 14, 2021 | $34.50 | Jan 17, 2021 | $34.50 |
Jan 21, 2021 | $34.50 | Jan 23, 2021 | $34.50 |
Jan 28, 2021 | $86.22 | Jan 29, 2021 | $86.22 |
Feb 4, 2021 | $86.22 | Feb 6, 2021 | $86.22 |
Feb 11, 2021 | $86.22 | Feb 13, 2021 | $86.22 |
Feb 18, 2021 | $86.22 | Feb 18, 2021 | $86.22 |
Feb 25, 2021 | $86.22 | Feb 24, 2021 | $86.22 |
Mar 4, 2021 | $86.22 | Mar 1, 2021 | $45.79 |
Mar 3, 2021 | $40.43 | ||
Mar 11, 2021 | $45.79 | Mar 3, 2021 | $45.79 |
Margaret Oct 12, 2017
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