Back up generator for my incubators

Benedict

Kaani Village, Kenya

100% repaid

Entrepreneur

Name

Benedict

Member since

April 2014

On-time repayments

284 installments  •  64%

About Me

I had been a temporal ICT-Tutor for 5 years and resolved to change to Poultry farming because i wanted financial freedom and i also wanted to be near my family. I'm married to one wife with four lovely kids.Being the chief bread winner i use my earnings to cater for my family needs.I also offset a few expenses here and there that come my way in my business.I actually started small with incubation services and i thank God my real work at home job that started from humble beginning has opened doors to other poultry related money making activities.i.e I currently mould innovation clay brooding jikos which are very economical and cost effective and have actually gained very strong popularity in kenya since i'm the sole manufacturer.My hobbies include travelling,Browsing and to be specific i'm a social media enthusiast if i may say.During my free time can spend time researching on new openings on the internet where i can market my products.I also don't hesitate to look for free on-line courses on entrepreneurship so as to match this digital era.

My Business

My poultry farming business is my own work at home job and can proudly say i meet very minimal expenses since i operate from my own premises.The sale of chicks and Innovation brooding jikos are the main source of income.I can confidently say my brooder heater innovation ,good repute are some of the key factors as to why more and more farmers are buying my products.I have also been doing personalised trainings on poultry keeping and this has also worked miracles.I would request for USD 450 loan since i would wish to buy a back up generator.A good and successful hatch requires a serious farmer like me to have a backup generator so that it can pick-up when there is power outage.Something that is very common here especially during this cold season.I have had hatchability rate of about 65% without the generator and i believe if granted the loan to purchase the incubator will increase the hatch rate to 85% or more.

Loan Proposal

I would wish to buy a back up generator worth USD393.801 then will spend the remaining 38.9976 to buy super petrol and Oil-Lubricant.Kindly lenders i actually am in great need to prevent future losses that can be caused by power outage.It has been by God's grace that i have been able to at least hatch without a backup.Assuming the power goes off for very long hours infact for more than 6 hrs.Most likely i would lose almost the whole hatch without a generator.In this case if my request touches you as lenders it will have come in handy and i will greatly appreciate.My income and profits will go up by a big percentage having increased the no. of chicks to 85% .I'm also timely in paying my instalments and will never ashame you.Amen.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Jul 2, 2014

Repayment status

On Time

Projected term

3 months

Lenders

A

adwatson

Milan, MI, United States

N

norlaine

Rogers, MN, United States

ErikN

Stockholm, Sweden

evinpa

United States

G

graememoss

Amsterdam, Netherlands

LadyPhi

Ontario, Canada

C

Caalve

Bratislava, Slovakia

K

KennaMumford

Salt Lake City, United States

C

cardiff

Falls Church, United States

Hedwich

Gorssel, Netherlands

A

ask21900

Cedar Rapids, United States

Sarasota

Sarasota, Fl, United States

V

Volpone

Geneva, Switzerland

Genady

Münich, Germany

J

jebediahFND

Oslo, Norway

G

GanSatya

United States

T

thebonseung

Republic of Korea

J

jmwinga

Denver, United States

D

Donh419

United States

N

noname0

Switzerland

B

Beetdiggingcougar

Calgary, Canada

Steve

United States

J

jdelaporte

United States

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