Opening a restaurant for my community

Daniel Mbugua

Bamburi, Kenya

100% repaid

Entrepreneur

Name

Daniel Mbugua

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.

Feedback

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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

Cost to entrepreneur

Service fee: $15.17

Lenders

johnfay

Lusaka, Zambia, South Africa

W

WilsonLending

Atlanta, United States

eagle3

Grand Ledge, United States

BelleStarr

Albuquerque, United States

V

valeriesolanas

Stamford, United States

B

briansedz

Canton, Ohio, United States

G

gabarone

Rochester, United States

A

Alsyf

Sydney, Australia

T

tmsaddress

Orlando, Florida, United States

A

ArcticOne

Medicine Hat, Canada

AlexPalavas

Palavas les Flots, France

B

Becks

Dubai, United Arab Emirates

1

1979fan

Palo Alto, United States

TheMoonDuster

Brisbane, Australia

cattlebaron

Pierre, SD, United States

S

Shadrax

Lansing, United States

F

farwest

Alamo, United States

B

blairan

Baltimore, United States

gbnbca

Janeville, Canada

T

TokyoBliss

Tokyo, Japan

D

DamoA

Wollstonecraft, Australia

S

suzerain

Kuala Lumpur, Malaysia

andreasol

Bielefeld, Germany

P

portlandloans

Portland, United States

Z

Zippo

Berlin, Germany

ViVenusMedical

Jarfalla, Sweden

Los Wade

United States

A

Anonym0us

Lisboa, Portugal

B

bgj21

Cambridge, United Kingdom

G

glomardor

Leonardtown, United States

T

TerrenceM

Wollongong, Australia

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

J

jzidi

Los Angeles, United States

S

Sabine

Courtenay, Canada

B

boourns

Newmarket, United Kingdom

S

Scordato

Mattituck, United States

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

Matthew

New York, NY, United States

S

smilesandlove

mount horeb, United States

D

dlugi

Krefeld, Germany

L

lender

Dubuque, United States

A

Aastra

Los Angeles, United States

southcentral

Zürich, Switzerland

A

Adembel888

Sydney, Australia

P

pellm

Ashland, United States

T

ThomasGermany

Wuppertal, Germany

U

UmSaeed

Southfield, United States

yorick

Springfield, United States

Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

F

FuzzyHat

London, Canada

Cadwah

Barcelona, Spain

Andreas Kiss

Vienna, Austria, Austria

R

Roxyclark

Heber City, United States

OlyRhys

Olympia, United States

A

Aziza

Washington, United States

M

moneypatch

Heber City, United States

T

Tui1974

nuenen, Netherlands

O

ochunshoney

charlotte, United States

L

LenderTrender

Freeville, United States

jhealy87

Silver Spring, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

rhagen

New York, United States

davidt

San Francisco, United States

I

ianb723

ROCHESTER, United States

Z

zedoud

Hamburg, Germany

A

amish

San Francisco, United States

Patrick

Berlin, Germany

T

Taupe

Balzers, Liechtenstein

B

Britams

Amsterdam, Netherlands

PulsoJewelry

Los Angeles, United States

O

olliepalmer

London, United Kingdom

sbyun

Toronto, Canada

C

Colmena

Chicago, United States

H

hokyplyr

Lincoln, United States

A

AndrewC

London, United Kingdom

I

idakaren

bonlez, Belgium

FriendinOregon

Hillsboro, Oregon, United States

soniad

Dubai, United Arab Emirates

P

Pillango

Frankfurt, Germany

T

Tessa

Lake Mary, United States

kalidanthepalidan

Denver, United States

S

sgunnink

Utrecht, Netherlands

M

mibrahim51

Mountain View, United States

M

Morgan1301

United States

C

chrishol

United States

MalcolmL

San Francisco, United States

S

stevemorin

United States

Paul Buchheit

Mountain View, United States

N

Nijntje

Netherlands

F

FSO

Canada

M

merk85

United States

S

sarah4d2

Saint Louis, United States

C

cathyu2crazy

United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

S

satheajay

United States

adrianz

United States

B

beegkitty

United States

M

mcgeefamilyny

United States

Andrew267

Birmingham, United Kingdom

E

egines

United States

reluck

Marseille, France, France

Frank Termathe

Frankfurt Main, Germany

P

PC

United States

Jerome

Switzerland

S

Staf

Humbeek, Belgium

Dominik Wagner

Karlsruhe, Germany

Elly

Woudrichem, United Kingdom

C

cnr

United States

jtreyes

United States

KW

Kevin Wehber

United States

S

SP

United States

wissam

Jeddah, Saudi Arabia

Thomas

Sweden, Sweden

SB

Sue Bucholz

Sacramento, United States

Dan Brinkman

Lynden, WA, United States

TO

Thomas O'Neil

United States

MC

Mark Cowburn

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

B

BSM

France

Shane Bugeja

Mankato, Minnesota, United States

A

Anonymous

United States

A

Anonymous

United States

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