Buy new incubator

Earnest Makau

Nairobi, Kenya

18% repaid

Entrepreneur

Name

Earnest Makau

Member since

December 2014

On-time repayments

146 installments  •  66%

About Me

i am a humble God fearing gentleman.i completed my secondary school education in the year 2009.later i joined KCA university in the year 2011 were i did my cpa part 1.
In the year 2012 i joined mill bakers ltd in the sales department.After working for a year in mill bakers i decided to quit job and resumed back to school. in September 2013 i got my current job in good testimony group of school.out of my small saving i have been able to start my poultry farming.i do incubate eggs where after hatching i sell to clients who are are readily available in the market

My Business

i started my business in July 2014.this was after broad consultation with business advisers and friends.with ksh 120000 i managed to buy an incubator which has a capacity of 528 eggs.At least par hatch i can produce 350 chicks which i sell in 2 weeks time at a cost of sh 200.so far the business i can say its progressing well

Loan Proposal

I want to buy a new incubator for 527 eggs. This will cost 700 dollars. As i anticipate to expand my business, it will really help me hatch more chicks in a month. Also the old incubator has served me for more than a year and is almost becoming obsolete.
I have always had more demand of my chicks which i rarely meet due to low production but once i buy the new incubator, i will be in a position to meet the market demand.In return my business profitability will increase by more than 40%.
Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$667.78

Date disbursed

Nov 3, 2015

Repayment status

Late

Projected term

67 months

Cost to entrepreneur

Service fee: $27.73

Lenders

rebecca

Chapin SC, United States

A

agwong

California, United States

P

Per

Randers, Denmark

C

CWS

Huntington beach, ca, United States

M

marvin24

Giessen, Germany

H

Hilke

Bremen, Germany

C

Canlender1

Nanaimo, Canada

C

Christian

Saarbruecken, Germany

S

snowcrystal86

New York, United States

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

Y

yop324

Ottawa, Canada

AltruisticSelfishnes

Chicago, United States

S

SeeBiscuit

Reston, United States

A

andyfletcher

I want my "My loans" page back, Qatar

Johnny

shanghai, China

Scott

Oregon, United States

R

rcmssr

Woodbury, United States

T

ToddK

Indianapolis, IN, USA, United States

S

samnabi

Kitchener, Canada

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

B

blahblah

Nuernberg, Germany

T

thejacobnorton

Jubail, Saudi Arabia

DocCindy

Bay City, United States

C

chasingtheskies

Palmdale, United States

K

Kibbleni

Madison, United States

phytoplankton

United States

simonvikstrom

Drottningholm, Sweden

T

tmsaddress

Orlando, Florida, United States

C

chrisherron

Chicago, United States

S

suzerain

Kuala Lumpur, Malaysia

DLarson

Morris, United States

SeeMeeFi

Ontario, Canada

D

Divergent

Bethesda, United States

G

glomardor

Leonardtown, United States

E

ebronken

Oslo, Norway

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

J

jzidi

Los Angeles, United States

A

Austrian

Graz, Austria

Matthew

New York, NY, United States

AdvancingCompassion

San Diego, United States

W

Woodyrocks

London, United Kingdom

zphelj

Dallas, United States

K

Katehar

Maple Valley, WA, United States

ads68

Melbourne, Australia

jimmycarterforever

Missoula, United States

U

UmSaeed

Southfield, United States

C

CheapThrills

Liminka, Finland

Cadwah

Barcelona, Spain

W

WellingtonPFClass

Columbus, Oh, United States

E

erogers

Vancouver, Canada

A

Arinelle

Toulouse, France

J

jerryq

Redding, United States

L

lilbsedz

Raleigh, United States

fairspirit

Utrecht, Netherlands

Gordons28

Santa Monica, United States

davidt

San Francisco, United States

ericacamille

Brooklyn, United States

A

amish

San Francisco, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

Marod

Edmonton, Canada

neocodesoftware

vancouver, Canada

M

marcmesich

Kaohsiung, Taiwan

A

Amani

Beaverton, United States

K

kingcamo1095

Mountain Home, United States

F

Forfex

Zurich, Switzerland

P

Pavane

Kungsbacka, Sweden

A

Anonymous

United Kingdom

D

Dutch_lender

Leiderdorp, Netherlands

B

Blazeski786

Shimoni, Kenya

dmirpuri

Bangkok, Thailand

G

Galbania

Toowoomba, Australia

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

A

andresol

Oslo, Norway

Genady

Münich, Germany

O

OrientExpress

Tokyo, Japan

C

Catch22

The Colony, United States

A

Alexxa

Vancouver, Canada

C

Clben7

Cincinnati, United States

S

SanderBeckers

Brussel, Belgium

A

akshu71

Ottawa, Canada

Z

zvrk2014

Brookline, MA, United States

M

Malibu

Westwood, United States

A

AileenH

United Kingdom

P

Peaches

United States

C

chrishol

United States

J

Jonas

Linköping, Sweden

Justin

Connecticut, United States

D

Donh419

United States

T

tommychheng

san francisco, United States

jonnyhj

Stockholm, Sweden

S

Samhall8

Brandon, Canada

P

plhughes

United States

poorinvest

Sandefjord, Norway

M

mitchmk84

United States

L

Lallarahiq

United States

H

harry159

United States

J

jlhardes

United States

C

CraigInCo

United States

mepster

San Francisco, Ca, United States

L

luckiestmonkey

United States

B

bscent

Hong Kong

A

AlphaAres

Azerbaijan

J

JonAlec

United States

S

SaraNT

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

C

cha1mers

United States

E

Erika

Buffalo, United States

K

kennychit

United States

Otto Barten

Amsterdam, Netherlands

adrianz

United States

Kyle Hoback

Omaha, United States

O

ORBP1

Germany

A

andreab

United States

D

djlayton4

United States

S

Stephan

Netherlands

JP

James Parker

Sacramento, United States

K

Kristiina

All Countries

Haim Si

Mexico, Mexico

Peter R

Fulda, Germany

D

Daniel

Stuttgart, Germany

M

Marco

Germany

Dave Bogard

New York, United States

Family Mueller

Petershagen, Germany

Johannes Duerk

Bochum, Germany

HC

Howard Cheng

New York City, United States

Paul

Auckland, New Zealand

SMOICE

Berlin, Germany

MW

Matt Willis

United States

WH

Walter Hill

United States

Dominik Wagner

Karlsruhe, Germany

jtreyes

United States

Herbert Morin

United States

JM

John Meserve

United States

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Max Lettenberger

Madison, WI, United States

HS

Harry Shulman

United States

J

Julie

United States

KD

Kent Don

United States

MG

Meron Gribetz

United States

Paul

Seattle, United States

JD

Jeff DePree

United States

M

mohamed

South Africa

J

Juliette

New Zealand

F

Florian

Munich, Germany

Cristina Huesch

Canberra, Australia, Australia

GN

Geoffrey Nelson

United Kingdom

BB

Ben Bellows

United States

C

chryddi

United States

OS

Omar Silas

United States

C

christine

Switzerland

Solon Brown

Singapore, Singapore

DC

Dan Crosby

United States

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

KR

Kathy Rowland

United States

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

PG

Paul Graham

United States

AH

Alexander Hipp

United Kingdom

Heidy

N J, United States

TW

Tyler Wood

United States

philippelazaro

Eugene, Oregon, United States

PD

Provincial Desk Jock

Aberdeen, Scotland, United Kingdom

GS

Gary Sinard

Franklin, TN, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Earnest a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Eliud Natwart    Jan 3, 2018

    Hi, Happy New year Mr. Earnest Makau. I found out from John Mwanzui's profile that you were his Mentor for the loan he took from Zidisha in 2015 which he has never cleared up to now. I know John very well and at the time you posted on his profile he was having some financial problems. But since 2016 he recovered and he chose not to repay the loan, for your information John Mwanzui is a church elder & a committed Christian in view and it is from this background that I invited him to Zidisha and I have not been able to apply for a new loan because he has failed to repay Zidisha loan.
    I humbly request you to talk to John so that he can restart paying the loan. I have talked to him personally one on one on many occasions and even advised him to adjust his repayment to a figure that he can afford to pay comfortably but it seems that he has chosen not to use my advice
    At some point I talked to Zidisha team about his case and they advised me to use his references to, I know some of them and I have together with at least two of them went to his place on this very issue but it has not changed his stance.
    I am personally of the view that if Zidisha could list chronic loan defaulters with CRB agencies, people like John will have to pay the loans they took from Zidisha before accessing loans from other institutions.
    Thank you and I hope you will convince John Mwanzui to repay his loan Or convince Zidisha to introduce loan defaulter listing with Credit Referencing Bureaus

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  • Earnest Makau    Jun 6, 2016

    I have experienced low sale in this month due to change of the weather. also mortality rate is high because of the coldness but i am finding a solution and soon things will be back to normal

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  • Earnest Makau    May 18, 2016

    Hi Festus,
    Zidisha loans are normally disbursed within a period of one week.
    Concerning the success of my project, I am running a poultry farm in Machakos which is my side hustle and give it full attention. Business needs a lot of marketing and also you need to be committed. Also when you get loan make sure your installments are what you are very sure you would not struggle to raise.

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  • Festus Kiendi    May 17, 2016

    I would like my project to be as succesfull as urs.... what did you do? and how did you manage it?

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  • Festus Kiendi    May 17, 2016

    hae man how long did you wait after your loan was funded to disbursement

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  • Franmiguel    Jan 28, 2016

    Hi Earnest,
    You wrote on Edson Bongo's discussion page.
    Thanks for keeping the lenders informed, and thanks for all the good work you do as VM for Zidisha..
    Regards
    Michael

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  • Earnest Makau    Jan 16, 2016

    i would be able to get the total amount this week

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  • Earnest Makau    Nov 21, 2015

    I am organizing my business and this may result to reduction of revenue.

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  • Earnest Makau    Nov 16, 2015

    another one

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  • Earnest Makau    Nov 16, 2015

    Hi Lenders,
    So far my business is doing great. I managed to buy extra incubator as i had said.
    Actually my business has risen to a higher level not because of my hard work only but also because of your sincere support.
    See photos of the new machine i bought.
    THank you alot

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  • Earnest Makau    Nov 9, 2015

    Hi Franmiguel,
    Thank you for the compliment.
    As a VM i feel i should be phase setter to other borrowers

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  • Franmiguel    Nov 8, 2015

    Hi Earnest,
    As VM, you posted on Edson Bongo’s discussion page.
    Thanks for providing an update to the lenders, and thanks for your work as a VM at Zidisha.
    It is much appreciated.
    Regards
    Michael

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  • Earnest Makau    Nov 4, 2015

    hi lenders,
    I very much grateful. I received Kes 66,778 as a loan which was disbursed yesterday.
    I have made an order for the incubator and will be delivered to my farm on Saturday. I really thank you and promise to continue supporting this forum.
    Thank you once more

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  • Earnest Makau    Nov 3, 2015

    Hi Lenders,
    I have received my Loan but it's less Kes 13,500 the amount i requested. As a mentor to other borrowers i do understand that this deduction only applies on first loan. Please i am really Concerned since this is my third loan and i had requested Kes 67778.
    I would appreciate clarification concerning the deduction.
    Thank you.

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  • Earnest Makau    Oct 30, 2015

    Hi Lenders.
    I will buy new incubator of KES 70,000. I will on need to add Kes 4,000 to acquire it. This will help me hatch more chicks which are always on high demand especially in December holiday as many people are free on vacation.
    I will also increase my profitability and promise to be an ambassador of Zidisha.
    Zidisha team (Lenders), i really lack the best words to appreciate what you have just done but kindly accept my humble thank you.

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  • Earnest Makau    Oct 29, 2015

    Hi Lenders,
    I thank all the lenders who so far have contributed to my loan for purchase of new incubator. I am also appealing to the other lenders to please help me in my project.
    Thank you all.

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  • Earnest Makau    Oct 20, 2015

    See a photo of the incubator i want to buy

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  • Earnest Makau    Oct 16, 2015

    Hello Lenders.
    My previous loan which you gave me really helped me. I used the funds to complete chicken house as i had intended. Currently i have 300 chicks which are layers and i am hoping in a months time they will be laying. This will reduce the cost of purchasing eggs from other clients and increase my profitability.
    Thank you lenders

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  • Earnest Makau    Oct 9, 2015

    i can say my business has done well this week and i would like to adjust my repayment

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  • Earnest Makau    Sep 21, 2015

    Hello Lenders,
    I take this opportunity to request to be allowed to pay KES 100. This is due to some issues in my business which i am really trying hard to sort them.
    Thank you for understanding

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