Victoria
Mtwapa, Kenya
78% repaid
Name
Victoria
Member since
December 2012
On-time repayments
32 installments • 59%
I was born and raised in the coastal city of Mombasa. I am married with a son aged 7 months old we live in mtwapa on your way to Kilifi town my husband works with an Ngo in Mombasa for orphans while am a business woman.I finished high school and am currently a poultry farmer. I rare both layers for eggs and broilers for meat. I started my business in order to increase my family's income and also for self employment.After selling my produce i use the money to re stock and also to pay up all my utilities and help.The profit i earn I chip in in order to make sure that my family has the necessary basic needs.Poultry farming is a good business especially when one gets orders for the eggs and meat.The hard part of the business is capital because establishing it one will require building a house, buying of the equipments to use in feeding and drinking of water,connection of electricity and finding help for feeding the chicks.After one has established themselves its much easier because one will only be buying stock and feeds for the layers and broilers.
Am a poultry farmer i rare layers and broilers for eggs and meat and sell them to hotels,schools and individuals.Customers prefer my business because my prices are reasonable and my products are properly packed hygienically.Risks that affect my business is mostly death of the chicks if an outbreak occurs or when prices of their feeds fluctuate.I normally spend around seventy thousand to hundred thousand for re stocking and buying of feeds and paying utilities. Layers normally cost me fifty thousand for the six months feeding while broilers thirty thousand for the six weeks until they are ready for selling.Layers profit ranges from eight thousand to ten thousand while broilers fifteen thousand after selling the whole lot.Poultry farming is profitable because people prefer chicken meat because its tender and soft and the eggs are nutritious.
I have been in the poultry business for a while now and i have always had the intention of buying at least two coolers that will enable me to transport my broilers in a proper way but cash has limited me to keep on transporting through using a bucket and it becomes very hard when you are using our usual routine of transport that is a Matatu(Nissan Caravan/Toyota Hiace) with our roads one ends up paying for two seats but a cooler i know it can fit in the back and also it will be more hygienic especially when i deliver to a cafe/restaurant.
I therefore kindly ask lenders to help me with my project and hopefully i shall be able to do what i have always wanted. I have already bought my chicks and they are still some days old so hopefully on my next delivery i shall use coolers not buckets.Thank you so much.
Positive
6
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Jul 10, 2014
Repayment status
Late
Projected term
5 weeks
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