Buying chicks for rearing

Lennox

Nyabera, Kenya

100% repaid

Entrepreneur

Name

Lennox

Member since

March 2014

On-time repayments

116 installments  •  48%

About Me

I am a 29 year old and i am married with 2 kids. I am an A level school leaver and i intend to continue with my studies. I also my kids to have a nice education. currently 1 is in pre primary and 1 is yet to start her education. I have some few business that is in poultry and Dairy farming I also want to venture into green house technology in order to have variety of farming. hopefully zidisha will help me achieve that. Agriculture is the back bone of our economy and I want to utilize the opportunity to improve my financial status and the status of my country's economy as a large scale later in life as I struggle to establish myself.

My Business

I am 29 year businessman located in kisii. I have poultry as my main business and I have a total of 250 layers and 100 about to lay eggs. i collect a total of 200 eggs per day that gives me a gross of ksh 2000. I also have 2 dairy cows that gives me approximately 20 liters per day and a gross of ksh 600. My intention is to expand my business hence increase my income. i want to increase my layers to 1000 and my dairy cows to 10. I also intend to venture into green house technology to grow tomato and onions. i also want to grow passion fruits. this will help me so much to increase my income and grow the economy of our country

Loan Proposal

I wish to thank the zidisha community for the opportunity to be empowered. I want to more chicken to the 250 I am rearing. I intend to buy 100 chicks at $ 1.7 with a total of $ 117. The rest of the amount I will use it to cover the transportation costs and to buy the feeds. I will be able to sustain the rest of the costs of feeding from the proceeds of the other 250 chicken and my cows. My aim is to own 1,000 chicken. So to the lenders this will be great help to enable me make the big steps towards financial freedom and in the process enable me offer employment opportunities. Asante (Thank You).

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 7, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

T

ToddK

Indianapolis, IN, USA, United States

yosefchayim

Bournemouth, United Kingdom

J

JakeK

Melbourne, Australia

A

anagnan

BRUXELLES, Belgium

Sarasota

Sarasota, Fl, United States

C

cranejoad

cazenovia, United States

JulianHF

London, United Kingdom

O

osubucks45

United States

B

Boeing777

United States

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  • Lennox    Mar 4, 2023

    Items I imported have not been cleared making it hard for me to make an income to repay

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  • Lennox    Feb 18, 2023

    My other products haven't arrived yet hence I haven't made any sales to get an income. Hopefully by Mon they will arrive

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  • Lennox    Feb 10, 2023

    The current period people are admitting student and paying fees. Due to this the sales have been extremely low. The income is way low as well

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  • Lennox    Feb 3, 2023

    I will add more stock of notebooks for branding.
    This will help me expand my business.
    I am great full for the contribution

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  • Lennox    Feb 3, 2023

    Great full for the loan. I will immediately embark in expansion of my business

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  • Lennox    Feb 3, 2023

    I am great full to my lenders. I was able to import the notebooks and sell them at a profit.
    My earning increased by 80%. I imported a notebook at 2$ and sold at 8$ excluding the shipping cost I was able to make over 80% profit
    Was able to pay fees for my daughters and this will enable me buy more note books

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  • Lennox    Jan 10, 2023

    I am greatful for the funding. I look foward to buy more stock and expand my business. This will greatly help me.

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  • Lennox    Jan 10, 2023

    Thank you very much.. I will be able to buy the notebooks and expand my business. I am humbled

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  • Lennox    Jan 10, 2023

    I am greatful for the previous funding. it made an impact in my project hence i could make my ends meet and expand my business. I am very greatful.

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  • Lennox    Mar 26, 2017

    Due to unavoidable reasons I would like to adjust my loan and start paying from next week 10000

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  • Lennox    Feb 28, 2017

    Due to increased demand for my outside catering business, I have managed to increase my income and tend to increase my installment . This will help me get more loan to meet the demand and do my business without any Hitch. Thank you zidisha for your great support.

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  • Lennox    Feb 13, 2017

    I have had a bad start of january but things are back to normal. Will rise to the occassion.

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  • Lennox    Feb 13, 2017

    Due to slow move of my product i have not received expexted income the last one month. Would like to reduce the amount till things stabilises.

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  • Lennox    Jan 2, 2017

    I take this opportunity to thank my lenders for giving me this loan and giving me an opportunity to grow

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  • Lennox    Jan 2, 2017

    Once again thanks a lot my dear lenders.I was able to improve my dairy farming using the last loan I was given.I wish to apply another loan in order to do an outside catering business in Nairobi kenya

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  • Lennox    Jan 5, 2016

    Hi, kilmeny am greatful for your follow up am good and back to my feet both healthwise and business wise. Happy new year. planning to complete my repayment.

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  • KM    Jan 1, 2016

    Thank-you for your recent repayment! I wish you a happy new year.

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  • KM    Nov 30, 2015

    Hello - how are things going for you? I hope that you are well.

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  • KM    Sep 14, 2015

    Thank-you for your recent repayment, I hope this means you have recovered your health.

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  • Lennox    Aug 5, 2015

    Hi, I would like to reschedule my payments. I have been sick and who ever I put to manage my business misappropriated the funds. I am back to my feet and I promise to pay back the amount as I have reschedule to finish my loan and get more funding. Thanks very much for your support.

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    • KM    Aug 22, 2015

      Hello, I'm sorry to learn of this misfortune. I have faith that you will be able to return to profitable business in time.

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