Buying an incubator

Alphonce

Kaani, Kenya

77% repaid

Entrepreneur

Name

Alphonce

Member since

February 2014

On-time repayments

88 installments  •  81%

About Me

My name is Alphonce Kyalo Mutuku. I was born in 1990.I was born in Machakos which is in Eastern part of our country Kenya. I am the only male child in my family.Being the male child, I have responsibilities on my shoulders especially if you come from a poor background as I am. This is the main reason why I started my business of selling fruits and also keeping goats. I thank my parents for educating me to the level of secondary education. I am planning to go to college in future when I save enough money to pay for my school fees. At the moment,the model I use to save money is to re-invest. From the proceeds of the fruit business,I buy goats.I started with one goat and today I have more than ten. It is the same model I have used to expand my business. Now that Zidisha has come to my life, I can hope for a better future.

My Business

I started my business in the year 2012 after seeing my people suffer to buy fruits 3 kilometers away. I started small coz I started with a capital of Ksh 500 where I made a profit of Ksh 100. Today I buy stock worthy Ksh 2,000 and I make an average profit of Ksh 600. I also sell fruit juices when certain fruits are in season and also when its summer coz the sun that time around is very hot.in good day I make a profit of Ksh 1,500 when I combine the two. I have been able to buy goats from the proceeds of my business which I sell when there holidays like Christmas and Easter holidays. Through my business I have been able to support my mother to pay school of my last born sister who has not finished secondary education.Now am planning to go college to hone my skills in business. I am very optimistic not that I have known Zidisha life can only be better.

Loan Proposal

Am always thankful to Zidisha and particularly to my lenders who have enabled me to realize my dreams. To be honest my life is better than it was before I knew Zidisha. Like the last two loans have helped me big time and know that I can achieve many things in life.
Well, Now am requesting for a loan to buy an incubator for hatching chicken. The demand of chicken has gone so high in our area where I operate my business. In this area there is only one person who is doing the business and is overwhelmed by the demand. The incubator is going for Ksh 85,000 which is equivalent to USD 925. It is for 702 eggs . Am requesting for Ksh 57,000 which is USD 623. I will top up the balance from my savings. This will bring a very big shift in my business and my life in general. My uncle has agreed to give me space where I can be putting the incubator and also I can brood once they are hatched. I have been told the rate of hatching can be between 70% to 90% depending with the quality of the eggs. I will source the eggs from my uncle who rears the indigenous chicken. He will be selling the eggs at Ksh 20 per eggs which is equivalent to 21 cents a dollar. The price of a day old chick Ksh 100 which is equal to 1 US dollar. From my simple calculations, if I get a hatching rate of 70%, I will be making a gross profit of Ksh 49,000 ( USD 532) after I deduct the operating cost (i.e) Electricity and buying of the eggs I will be making a net profit of more than
Ksh 20,000 (USD 220). Please help me achieve these and one day be a lender.Thank you so much and may God increase you tremendously.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$634.00

Date disbursed

Apr 15, 2015

Repayment status

Late

Projected term

7 months

Lenders

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C

CWS

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B

bgalon

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A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

Roothog

copenhagen, Denmark

S_Begay

Allston, United States

F

Fabrizio

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thepaddy

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seabass

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C

cperkins

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J

jra299

New York, United States

valentin

Stockholm, Sweden

Eduardo

Zollikofen, Switzerland

B

BRWorthington

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Ishaque

New Jersey, United States

HI

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Saskatoon, Canada

investor

Candiac, Canada

J

johan

Oslo, Norway

P

Peter

München, Germany

torelizer

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M

MarkAndMary

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M

MrMc2

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S

SovTempest

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C

Catolas

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D

drakekids

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S

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ken701

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G

glosoli

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bdm4a

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AdamP

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J

JLewe

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T

TobyKenobi

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A

adwatson

Milan, MI, United States

BelleStarr

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K

KakkoiiCali

Anaheim, United States

jesuisneil

MATTESON, United States

D

dhedmonds

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D

DrFeelGOOD

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A

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O

okane

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J

Jmay2133

Fremont, United States

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E

Ehaffey

Washington D.C., United States

G

GregT

THUNDER BAY, Canada

A

andyfletcher

I want my "My loans" page back, Qatar

C

ColinPlatt

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Johnny

shanghai, China

B

Bpryse

Long beach, United States

I

ideerge

Mountain View, United States

M

minynlca

San Diego, United States

Tilius

Oslo, Norway

C

CanadianBiker

Peterborough, Canada

Aksel

Nesoddtangen, Norway

J

Jdoyle

Kitchener, Canada

K

Koduck

Southampton, United Kingdom

Straetman

Kaarst, Germany

J

jozua

Delft, Netherlands

AndreaBravi

London, UK, Canada

johnnorris

Aberystwyth, United Kingdom

bluetree

Mountain View, United States

L

louisela

Eugene, Oregon, United States

I

Interfree

Dubai, United Arab Emirates

H

howru

Toronto, Canada

B

bgnet

Kalamazoo, United States

F

faical

Cologne, Germany

K

K1Stay

London, United Kingdom

Tjitser

The Hague, Netherlands

S

SusanP

Muscat, Oman

B

bgxalz

Kópavogur, Iceland

mike123riley

Palo Alto, United States

T

TopUp

Toronto, Canada

J

jjcharlie

chicago, United States

H

Houdini314

Elwood, United States

ZlataRoy

Cheltenham, United Kingdom

A

alzyee

Ohio, United States

D

danielske

Branford, United States

F

FaaThailand

Bangkok, Thailand

M

mushroom

Brussels, Belgium

MichaelDean

San Jose, United States

P

peterschinkel

Amsterdam, Netherlands

A

Aloha

Cologne, Germany

J

Jacquinta

London, United Kingdom

Pere

Barcelona, Spain

J

jkwilson

Winona, United States

Zidisha

Sterling, United States

K

kathy207

South Portland, United States

A

aliasadsj

Queens, NY, United States

T

ToddK

Indianapolis, IN, USA, United States

P

Purllyn

Dillon, United States

A

ashtanga99

Newport, United States

Kate4Good

Washington, United States

K

kipwhite

California, United States

DaveinPerth

Perth, Australia

K

kingmark1

Calgary, Canada

BJ

Brandon Joz

North Carolina, United States

N

nanning

Baltasound, United Kingdom

Kysera

Crawfordsville, United States

Jeff and Marcie

Portland, OR, United States

M

mrhanky1

melbourne, Australia

T

thejacobnorton

Jubail, Saudi Arabia

T

tlingf

San Francisco, United States

C

Carol

Ripon, United States

jmsquared

Seattle, United States

MichaelR

Los Angeles, United States

C

CheesemanDan

Shanghai, China

A

Alicee

Munich, Germany

P

proby24

Singapore, Singapore

S

SelvaMarcus

Green Cove Springs, United States

A

Alsyf

Sydney, Australia

phytoplankton

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C

cmubiggguy

Chapin, SC, United States

T

tmsaddress

Orlando, Florida, United States

AlexPalavas

Palavas les Flots, France

B

Becks

Dubai, United Arab Emirates

1

1979fan

Palo Alto, United States

M

mgeck

Munich, Germany

TheMoonDuster

Brisbane, Australia

E

eagor

Wauwatosa, United States

nelson637

Greenbrae, California, United States

cattlebaron

Pierre, SD, United States

F

fisaire

Ithaca, United States

G

grahamfamily

Guildford, United Kingdom

T

tonilends

catalonia is not:, Spain

B

blairan

Baltimore, United States

C

cyrilleberger

Gammalkil, Sweden

M

michalbette

melbourne, Australia

S

SeanWolfPack

Raleigh, United States

pbosakov

Sofia, Bulgaria

J

jimmydjjr

Gautier, United States

rioreiser

Ingolstadt, Germany

Elaine123

Philadelphia, United States

N

nullologue

Boston, United States

JesseEXPRESS

Arlington, United States

M

Marij

Gent, Belgium

M

missjoyy

Munich, Germany

Gillis

Helsinki, Finland

P

portlandloans

Portland, United States

B

BTaylor

Colorado Springs, CO, United States

Moyeji

Australia

F

fake_name

Boston, United States

R

RichardH

Manchester, United Kingdom

ViVenusMedical

Jarfalla, Sweden

W

William

Los Angeles, United States

amovida

Central valley, ny, United States

Susansfund

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B

bgj21

Cambridge, United Kingdom

G

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Leonardtown, United States

J

juliewilson1971

Dhahran, Saudi Arabia

M

markusfitza

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P

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A

aiban

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J

JG2012

Brooklyn, United States

J

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S

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clemenchiang

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D

doinggood

Missoula, United States

M

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A

Austrian

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ShelbyDove

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P

PhilACK

Brampton, Canada

birtom

Ettlingen, Germany

Matthew

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S

samuk

Nottingham, United Kingdom

Jouni

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A

Austin

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Jalene

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M

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A

Atlantia

Brisbane, Australia

danielytao

Boston, United States

RoryWitt

San Diego, United States

K

Katehar

Maple Valley, WA, United States

Cvmh88

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K

Kaz12

Winnipeg, Canada

J

jwharding

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J

janharg

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C

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D

DThirteen

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B

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B

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U

UmSaeed

Southfield, United States

M

mwkelley2

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A

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Alina

Amsterdam, Netherlands

A

Aaron

Zurich, Switzerland

W

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R

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D

djschin

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C

cescotet

Needham, United States

R

Roxyclark

Heber City, United States

B

Bluejay

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OlyRhys

Olympia, United States

S

Southern

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O

Oscart

Edmonton, Canada

DT

Dru Tarr

Gloucester, United States

Bruno

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ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

M

mkellerman

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L

lilbsedz

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K

KHobbs

Austin, United States

H

hetultel

Ahmedabad, India

HMS_5th_Grade

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L

LenderTrender

Freeville, United States

A

Adam3333

Hague, Netherlands

chadgibbs

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M

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milano, Italy

F

FredBetty

San Antonio, United States

G

glh25

Winooski, United States

A

asmilligan17

Perryville, United States

fairspirit

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Gordons28

Santa Monica, United States

M

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Grand Rapids, United States

Shamrock

Wicklow, Ireland

VintageCalifornia

San Diego, United States

S

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L

LindsayB

Sydney, Australia

S

sublibyss

East Lansing, United States

M

Molly

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D

d3witt

Cheyenne, United States

T

tchafin

Los Angeles, United States

B

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Bozeman, United States

R

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sherbrooke, Canada

Richard100

Santa Ana, United States

nmatpt

Lisboa, Portugal

P

prashant

SUNNYVALE, United States

G

gregc

Calgary, Canada

M

MarkGallagher

Glasgow, United Kingdom

E

ElliottGarlock

Palo Alto, CA, United States

S

sjenkins

Swansea, United Kingdom

A

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Eynesbury, Australia

A

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San Francisco, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

C

CJAnderson

Sydney, Australia

U

UTLonghorn

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2

2Samuel22

Clarksville, United States

Tom44

Vancouver, Canada

Longhorn

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larsandanika

Langen, Germany

K

Krish

Dubai, United Arab Emirates

O

olliepalmer

London, United Kingdom

S

Sclodfelter

Los Angeles, United States

F

Fritzimax

Pacific City, United States

isabelv

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Nadja

Weissach, Germany

O

ommthree

Egg, Switzerland

S

Serene

Philadelphia, United States

Erika

Calgary, Canada

paulclinton

malaga, Spain

greensheep

Jakarta, Indonesia

L

LongTallSallymander

Menomonee Falls, United States

G

gradient

KFAR SABA, Israel

I

idakaren

bonlez, Belgium

P

Paleomagick

Eldred, United States

Rena121

Sydney, Australia

gseletko

South Perth, Australia

C

Carlos

Barcelona, Spain

S

smetis

Kananaskis, Canada

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

mojobob

Hayward, United States

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

B

bakedpotato

Middletown, United States

W

wilma95

napa, United States

Z

ZandC

Sacramento, United States

I

inips

Oslo, Norway

Lambie

Perth, Australia

T

ThereIsNoGod

Singapore, Singapore

R

rebtl

San Francisco, United States

andreatagliatti

Manchester, United Kingdom

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

J

jinx83

Brisbane, Australia

HealthcareProvider

Baltimore, United States

Z

zidishan

Trifouillis, France

E

E

Marin county, United States

P

Popcorn

Berkeley, United States

H

Haavard

Bergen, Norway

C

Clben7

Cincinnati, United States

M

mueba

Frankfurt, Germany

L

lobotommy

OSLO, Norway

A

akshu71

Ottawa, Canada

B

BobHope

United States

pvilliger

Zurich, Switzerland

M

Malibu

Westwood, United States

G

geoff

United States

X

xavier

Toronto, Canada

S

spivurno

United States

S

SimonAngus

South Africa

M

Michi

Switzerland

J

jdallatezza

United States

Pankratio

EastVan, Canada

K

Karpet

Faroe Islands

M

maverick

United States

Anu

India

joshuacollinson

Vienna, Austria

R

rbaxter

United Kingdom

H

heretohelp

Philippines

A

ajayhk

San Jose, United States

J

jbhernan

United States

Agerfar

Aarhus, Denmark

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

W

wesbh89

United States

Grant Xavier Storer

Seattle, Wa, United States

J

jdelaporte

United States

A

AlexH

United Kingdom

dpollard

United States

S

SCHAC

Switzerland

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

J

JeremyR

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Dave Bogard

New York, United States

Tsay

Taipei, Taiwan

N

Niels

Berlin, Germany

Robert

Sweden

M

Mathias

Cologne, Germany, United States

B

Byron

United States

JL

Jindou Lee

United States

jtreyes

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

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