Buy a larger brood for my chicken farming

Millicent

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Millicent

Member since

March 2014

On-time repayments

151 installments  •  30%

About Me

My Name is Millicent Njue. I am married with three children and live in Nairobi. I hope to be an established chicken farmer and as soon as that happens retire to my farm in the country .I have an online business to supplement my family income alongside farming in the country. I hope to retire to the countryside in a few years thus need to set up a sustainable business venture before then. I have a passion for farming and have settled on chicken farming since it is the most profitable in my area. I lost quite a number of chicken from an outbreak of disease in my area thus I need to add onto the remaining ones to build my stock.

My Business

My area is not very good with crops due to inadequate rainfall. It is for this reason that I came up with the idea of keeping chicken for an income since not much water is required for it. I have found out that there is ready market in the nearby towns therefore guaranteed of market for my chicken. Unfortunately I lost quite a number of chicken to a recent outbreak thus need to add on to the remaining stock. I aspire to be a leading meat supplier in the coming years and also have eggs for sale. If I can grow my stock I will then be able to supply my products to the town that is near me and will have achieved my goal of being a successful farmer and even offer some people jobs on the farm to be able to take care of the chicken. That is why I need a loan.

Loan Proposal

I would like to add to my current brood of chicken so as to maximize on the profits from my venture. I hope to become a supplier of chicken in my area back in the countryside as there is so much potential going by the demand that is there now. This is something that I wish to do as a fall back business as backup for my online business in the city.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Jul 26, 2014

Repayment status

On Time

Projected term

11 months

Lenders

R

Raabo

Rungsted, Denmark

JessieD

Alexandria, Va, United States

A

Anonymous

United States

Mikers

Netherlands

JonasL

Stockholm, Sweden

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