Build a larger house for my rabbits b4 the rains
Kennedy
Juja, Kenya
$0 to go
100% funded of $50 goal
0
days left
Entrepreneur
Name
Kennedy
Member since
May 2014
On-time repayments
9 installments • 44%
About Me
My names are Kennedy Alusa Id number 8478196. I was born in Kisii town. I am second born and I have 4 siblings. I am a graduate from Egerton University with a degree in livestock breeding. I am the one who educates my siblings as my parents are too old and they don’t have formal employment and all my siblings are in school. My two brothers are in kibirigwi high school. One joined form one this year and the other is in form two. Due to unemployment I decided to utilize my livestock degree by rearing rabbits for commercial purposes and already the business is doing great.
My Business
I had a passion for rearing rabbits since I was a small boy I grew up from the countryside on my grandmother’s farm. Now that I have a degree from that field my business is thriving on excellent measures. I get huge orders from clients both locally and now with a zidisha loan I will expand my business and take internationally as I have been getting large orders especially to Ghana but due to my limited funds I cannot manage it. The challenges in this business are animal diseases which attack the rabbits but once I get a loan I will be able to vaccinate the rabbits and keep them out of danger. I am above my competition because my customers trust my products quality and also I deliver on time without failure not forgetting the good relationship I have with them. I sell 1kg of rabbit meat at ksh870 and its hide(used for leather) at ksh350 for a fully grown rabbit making about ksh38,000 per month and a incurring a cost of ksh8,000 per month.
Loan Proposal
first i would like to thank you for your previous loans that i paid with 100% on time repayment and enabled me to invite my friends and also supporting my passion for rearing rabbits since I was a small boy where i grew up from the countryside on my grandmother’s farm. Now that I have a degree from agricultural field my business is thriving on excellent measures. from previous loans i improved my rabbit rearing techniques thus now I am getting huge orders from clients both locally and now with a bigger zidisha loan I will expand my business and take it international as I have been getting large orders especially to Ghana and now Uganda but due to my limited funds I cannot manage it. I am above my competition because my customers trust my products quality and also I deliver on time without failure not forgetting the good relationship I have with them. I sell 1kg of rabbit meat at $10 and its hide(used for leather) at $5 for a fully grown rabbit making about $440 per month and a incurring a cost of $79 per month. this time i will use $68 to build a larger house as the rabbits have tremendously increased.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 7, 2014
Repayment status
Late
Projected term
5 weeks
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