Buy an incubator for my poultry business

Amos Omuse

Kolanya, Kenya

3% repaid

Entrepreneur

Name

Amos Omuse

Member since

February 2016

On-time repayments

32 installments  •  72%

About Me

I am Amos ,I am the second born son in our family mong six children, I went to Amagoro primary school and then st Pauls Amukura for secondary education.I then joined Bukura for certificate in agribusiness management.
The hardship I faced after college was getting a meaningful job, I was not able to get any job in Nairobi and therefor decided to relocate to my rural area to try my hand in poultry farming.,starting the business was not easy as it required heavy capital injection,I took a loan from a friend of $50 that I used to buy 3 0 birds,after six months they started laying eggs and brooded ,I now have a stock of 400 birds and my target is 1000 chicken.
I have one child named Amos Junior, he is 5 years old and wants to be a doctor when he grows , up.I am working hard to give home quality education,so that he achieves his dreams.
I am a politician and I always believe poverty can be alleviated in Africa once corruption and tribalism is defeated.

My Business

I provide poultry and poultry products i.e eggs and manure to my customers. The demand for indigenous chicken has risen due to good meat quality. I sell my eggs to hotels and sell fertilized eggs to other farmers. the demand for these goods is high because of low supply.
I choose poultry farming because it is very profitable venture and keeping the birds gives me job satisfaction,my monthly expenditure is $100 per month ,I do not spend much on feeds since I practice free range.my monthly revenues are $300 per month.
I use the proceeds from the poultry business to take care of my family and save for reinvestment as well as my diploma in farm management course.

Loan Proposal

I am pleased and very thankful for the loan. I am sorry for rescheduling my loan but as I promised I was committed to paying it within the scheduled time.
My business is growing and I am getting more fertilized eggs,there is need to buy an incubator to help me hatch chicks more efficiently and at once. I would buy a 500 capacity incubator at coast of $480 and would top up the loan with my savings.thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$385.65

Date disbursed

Aug 24, 2016

Repayment status

Late

Projected term

60 months

Cost to entrepreneur

Service fee: $15.90

Lenders

M

mblue0953

United States

D

Delph007

Den Haag, Netherlands

carlos vendrell

Barcelona, Spain, Philippines

cyrus0302

San Francisco, United States

G

Gastao

Covilhã, Portugal

D

drjofleming

UK, United Kingdom

DeanDropshot

Oslo, Norway

Kjartan

Oslo, Norway

J

JakeA

Wellington, New Zealand

P

PeaceandLove

Morro Bay, United States

C

cjmenchaca

Austin, United States

E

ericcamden

Berkeley, United States

J

jdhowa2

Louisville, KY, United States

TK

Tim Koppel

WOLLONGONG, Australia

R

RosemariHerrero

Stockholm, Sweden

TheWhiteCat

Surrey, United Kingdom

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

B

bhalter

Eau Claire, United States

indeh

London, United Kingdom

rasmus

Bern, Switzerland

T

toscoman

Adliswil, Switzerland

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

yosefchayim

Bournemouth, United Kingdom

B

BClay

Campbell, United States

R

randy98109

Seattle, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

Bhayl

Stavanger, Norway

Y

Yevrahs

Dallas, Texas, United States

basicus

Cairo, Egypt

A

alkemyst

Geneve, Switzerland

K

kikusin

Shanghai, China

K

KnutG

Bergen, Norway

T

Travtroe

Lanesboro, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

B

Bokolo

Leeds, United Kingdom

M

mmisoo

Nova Dubnica, Slovakia

F

Forfex

Zurich, Switzerland

B

bertvdlingen

utrecht, Netherlands

mohita

delhi, India

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

M

Mountainmanduy

San Jose, United States

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

L

Lennert

Alphen aan den Rijn, Netherlands

G

guggl

Vienna, Austria

G

GanSatya

United States

sderickson

Berkeley, CA, United States

ColinHicks

Chichester, United Kingdom

M

meric

Australia

Grant Xavier Storer

Seattle, Wa, United States

G

GEMMGMT

United States

WE

Wendy Emlyn

Devon, United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Isabella

UK, United Kingdom

John Minges

United States

Jon

Ireland

MS

Mike Sutherland

United Kingdom

MW

Mark Walmsley

Canberra, Australia

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

M

Margaret

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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