Entrepreneur
Name
Daniel
Member since
February 2015
On-time repayments
254 installments • 36%
About Me
My name is Daniel Mbugua, a poultry farmer from Mombasa - Kenya. I was born and raised in Mombasa where my father worked at the Kenya Ports Authority. I was born in a rural area where I grew up accustomed to fairly good infrastructure like electricity and paved roads.
In spite of relative good life in my childhood, I faced a number of challenges like lack of playing fields due to poor planning by the local authorities and I grew up deprived what would be considered as the basic necessities of a growing child. That notwithstanding, my parents raised me well and imparted good values early life.
I went to rural schools both for primary and secondary schools because my parents feared I would get involved in drug taking which was rampant in our neighborhood. I later joined a polytechnic where I did a three year course in civil engineering. I was hoping to secure a good job after the completing the course after my father's footsteps but I was not as lucky.
I decided to use our house backyard to start poultry keeping which remarkable success. This is what I am still doing to date and I have no regrets for doing so since it brings food on the table and I also get a lot of satisfaction from the job.
I am married with two kids both who are in school.
My Business
I rear broiler chicken as well as geese in my house backyard. I sell broilers to local hotels and to residents within the residential estates. Mombasa is a fast growing city and it has all the demands of big city and one of these is fast food. I saw this opportunity and decided to exploit it.
The living standards of the residents has also improved in the recent past and a good number of residents have a much better bargaining power as compared to yesteryears. What used to be a preserve of the rich (like chicken) is now a common dish among many.
I keep broilers that take between 5-6 weeks to mature. I normally buy them when they are one day old and if the survival rate is good (about or above 95%), I make about $150 per brood. I use the geese to provide eggs that I sell to support the family when I am not selling the chicken.
I am glad I have a ready market of loyal clients in hotels and also in the residential areas. If funded, I like to keep two sets of broilers and separate then within two weeks so as to ensure a continuous sale of the chicken instead of waiting for 6 weeks interval. However, for me to do this, I need to get a helping hand in form of affordable credit and this is where Zidisha comes in.
Loan Proposal
I have increased my flock of chicken to slightly more than 400 birds. Given this money, I will use all of it to buy chicken mash and some raw material that I can use to produce some chicken feed. This way, I will be able to save a lot of money due to buying in bulk.
I will be able to increase my profitability and also serve my clients well. Thank you so much for supporting me in the past.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$368.00
Date disbursed
Aug 26, 2016
Repayment status
On Time
Projected term
27 months
Lenders
Atlanta, United States
[email protected], Belgium
Stamford, United States
Orlando, Florida, United States
Tokyo, Japan
Portland, United States
College Station, United States
Stamford, USA, United States
mount horeb, United States
Sydney, Australia
Wuppertal, Germany
Heber City, United States
charlotte, United States
Freeville, United States
Germany
London, United Kingdom
United States
Australia
United States
United States
Australia
United States
Germany
Canada
United States
United States
United States
France
United States
United States
Sacramento, United States
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