Boosting chicken livestock business

Grace

Nyeri, Kenya

100% repaid

Entrepreneur

Name

Grace

Member since

August 2020

On-time repayments

45 installments  •  33%

About Me

I am Grace Muigai. Teacher by profession.i have great interest in rearing chicken. Chicken provide eggs for home use and for sales. With around 1000 chicken, one can be able to be sustained very well by rearing chicken.

My Business

I have been in the process of acquiring chicken and so far I have 50 surviving chicks. Last week we experienced extremely cold temperatures coupled with constant power outrages. Hence I lost many of them. However, I have incorporated other sources of energy to avoid such losses in future.
With the new loan, I will add more chicks as I continue to improve their cages.

Loan Proposal

With the money that I will get on this loan, I will boost my chicken with the right feeds. I will also give them vaccinations. I intend to extend the cage too with the same money.

Income Source

Times have been hard with high rates of inflation. Last time I had difficulty in paying but this time round my chicken have started laying eggs and I have started making some money. However, if the worst happens, I will still use my salary to repay all the money.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$79.00

Date disbursed

May 31, 2021

Repayment status

Late

Projected term

8 weeks

Lenders

Ed

Howells, United States

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