Poultry farm

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

I would like boost my poultry farm in my farm. My PROPOSAL is that if given the loan I will use it as follows:-
1-Buy stock of broilers at US Dollars 60
2-Buy feeds for the broilers US Dollars 30
3-Medication i.e vaccines US Dollars 10
My target is to stock broilers though I have been dealing with local chicken I believe that I will be able to sell them at a higher price .I have chosen broilers because they only take six weeks to mature. I am in position of paying back the loan without any difficulty given funding.Looking forward to your wise consideration thank you

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.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 16, 2015

Repayment status

On Time

Projected term

2 months

Lenders

S

sebseb

The Hague, Netherlands

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

D

Dadiolafs

Vestmannaeyjar, Iceland

B

bileiro

Mandaluyong, Philippines

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

Padrino

Kilkenny, Ireland

stever

Cape Coral, United States

J

jdallatezza

United States

mepster

San Francisco, Ca, United States

KM

Kirsty M

United Kingdom

Matthias

Frankfurt Am Main, Germany

Rosario von Li

San Jose, Ca, 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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  • Gedion    Sep 30, 2021

    Before you begin to talk about CRB can we exhaust our internal matters first? I am a very honest member of Zidisha with a long good outstanding record of paying my loans to the full. I have never defaulted.

    But now that my health has proved a challenge now you brand me a defaultor?

    When I was diagnosised high sugar and presure I explained my situation on my platform and explained that I am unable to actively trade and make money enough to repay my loan. I dont need to stress myself and kill myself .

    So I explained that until now my Credit Risk fee recovered at source on my loans totals ksh 125,755 and this should be offset against my loan balance. Idid not default!!!

    Can you explain to me what the Credit Risk fee is for if not to cussion in times of sickness.

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  • Justus    Sep 12, 2021

    Gideon has promised to continue loan repayment once he gets into his feet

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  • Gedion    Aug 25, 2021

    I am surprised that after a clear explananrion of my health condition and giving a plan of how to offset my loan balance zidisha is still following a sick person. Is it money that is more important ?

    Did you read my comment of Jul 20, 2021? I have not defaulted on my loan.

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  • Gedion    Jul 20, 2021

    Dear Zidisha I am writing to express an update on my health and business condition. Since May I was diagnosed with high sugar which has affected me seriously. I am weak and unable to move about and transact as normal. This has made it impossible to get money to repay my loan as expected/ Moreover the covid pandemic has made business difficult with people hardly consuming products as expected.The cost of medicine is very high for me.

    Due to the a foregoing, I am requesting Zidisha to recover my remaining loan and recover from my Credit Risk fee which stand at :
    Ksh 21438
    Ksh 27869
    Ksh 15328
    ksh 38895
    Ksh 22225
    ___________
    ksh 125755

    This will enable me to concentrate on medical expenses to deal with until I can recover then I can request for another loan.
    I kindly ask my supporters to understand since this is a health matter which no one anticipate. Thanking you in advance.

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  • Gedion    Jun 17, 2021

    I am unwell and business not doing well

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  • Gedion    Jun 9, 2021

    On 17th May, 2021 I was hospitalised diagnosed with high sugar level. Since then I have been struggling not being able to undertake business well. Special diet ,medication are proving expensive. I am trusting God for healing.

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  • Gedion    May 26, 2021

    On 21st May2021 I made my instalment PEL37DDAH3 of Kshs 4128 at 11.11 AM . But today I am being reminded of outstanding loan of 20/5/2021.
    What does this mean? This is embarassing as it suggest thta I am not trustworthy?

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  • Gedion    May 15, 2021

    On 9th May 4128 amount was deducted at source without my authorization. My next instalment will be on 20th. Which past loan is due now?
    Something is wrong.

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  • Gedion    May 12, 2021

    Corona still biting

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  • Gedion    May 12, 2021

    I am disappointed that zidisha can authorise payment from my Mpesa without my authorization! How did it happen that money was deducted from my account without my authorization?

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  • Gedion    Apr 17, 2021

    I have already made payment.

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  • Gedion    Apr 12, 2021

    I made a payment of ksh 4128 on 8th April which has not been captured. It was received by zidisha. Please check your records.

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  • Gedion    Apr 5, 2021

    still adjusting and strategizing due to extended lockdown

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  • Gedion    Mar 20, 2021

    Thank you my lenders for still puting your trust in me inspite of the hard times. This loan will,go along way in improving my business to another level. Thank you so very much.

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  • Gedion    Mar 5, 2021

    The loan just completed was of great help to me because covid 19 pandemic put every one distablised economically. It would have been difficult to keep 70 chicken with feeds and vaccines. My birds are now at egg producing stage and we are supplying kienyeji eggs to the community. We also have chicken to sell to the community for meet.

    We recently sold one he goat kshs 10,000 others are growing.
    We intend to introduce improved chicken which seem to grow a bit quicker.

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  • Gedion    Feb 22, 2021

    God's faithfulness has enabled me. I'm optimistic that this year will bring good businesses environment.

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  • Gedion    Jan 30, 2021

    I want to thank Almighty God who has enabled all of us to survive during this period of pandemic of corona.
    Business has been challenging but we have managed.
    We were able to harvest 8 bags of maize

    My goat is almost giving birth next month. The rest are still growing.

    My chicken are growing almost beginning to lay eggs after loosing the first batch. 60 chicks will be eggs laying by April

    Thanks a lot to my sponsors

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  • Gedion    Dec 19, 2020

    Covid still affecting economy and businesses

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  • Gedion    Dec 1, 2020

    Despite the corona challenges we are trying very had to keep supplying kienyeji eggs

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  • Gedion    Nov 7, 2020

    As stated before we are still settling economically.

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