Chicken and rabbit rearing

James

Thika, Kenya

100% repaid

Entrepreneur

Name

James

Member since

August 2013

On-time repayments

76 installments  •  75%

About Me

I am a 26 year old Kenyan Citizen from Thika, Central Province. I am the first born in a family of three. I am a trained Chemical analyst with a diploma in Analytical Chemistry from Thika Technical Training Institute.
I rear rabbits. I choose to start the business after clearing my high school education in 2007. This was after acquiring the skills from our Agriculture club in school. (Chania High School).
I purchase rabbit feed and hay with my monthly earnings from the lucrative business in Kenya.
A kilogram of rabbit meat costs a minimum of Ksh. 500.
This is a very booming business in Kenya and I hope majority of the youth would engage in it for us to be able to satisfy the very demanding market.

My Business

My business is based on rabbits for meat. I keep rabbits at our home on a rabbit house. I currently have 10 adult rabbits. 3 male and 7 female. I have just sold the small rabbits each at a cost of Ksh. 1000 as they are high breed.
There is demand for white meat especially rabbit meat in Kenya because of its nutritional value. In Thika alone, there are not much people keeping or rearing rabbits. This makes us, that is me and other few people have pressure to satisfy the growing and demanding market.
The risks involved include diseases and fluctuating weather which affects the rabbits.
Apart from the rabbit business, I will use my monthly salary also to cater for the loan. I work at Kenyatta University - Kitui Campus hence repaying the loan will be at ease with me.

Loan Proposal

dear lender,
given this loan, 30% of i will use for buying chicks and rabbits to rear to raise my number,10% i will buy their feed for the animals, 20% will cater for the expansion of the cages, 60% will cater for the medication of the young animals and veterinary cost and some supplementary nutrients for the animals to increase production.

Feedback

5

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Mar 23, 2015

Repayment status

On Time

Projected term

8 weeks

Lenders

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

H

HLCharityFund

United Kingdom

Kyle Hoback

Omaha, United States

rjb

Phnom Penh, Cambodia, United Kingdom

Sandi Kaucic

Stow, Ohio, United States

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  • James    Sep 22, 2017

    Dear Lenders
    I called James and i informed him of the importances of keeping his weekly installments in time. He informed me he is to do his late payments this weekend.
    Thank you.

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  • James    Jul 11, 2017

    Dear lenders,
    my loan is in arrears i have been in a financial challenge because the loan you gave me last i never invested the full amount most of it was used to settle the service fee which i have to pay for each loan i will be taking , i planning to settle all the the due loan by friday after i have sold some of the chickens that has matured.
    my apologies for the delay.

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  • James    Jun 23, 2017

    I called Mr James and he informed me that he is to make his late repayments towards the end of this month.

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  • James    Apr 21, 2017

    Dear lenders,
    I called Mr James and he informed me he is well and is doing his best to update his late installments.

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  • James    Jan 27, 2017

    Dear Lender,
    i would like to reduce my loan payment to ksh, 200,because the loan you gave the higher amount was deducted to pay one time member loan fund, so i never invested the full amount in my project.
    sorry for any inconvenience made

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  • James    Jan 4, 2017

    Dear lenders,
    Thanks for funding my business i will use the loan to improve on my business increase number of chicks and rabbits and renovate the the house .It will help improve quality of the production .
    Thanks for the loan .

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  • James    Jan 3, 2017

    Dear lenders,
    The last loan has changed my life so much i have managed to earn money to cater for my daily needs and pay fees for my young siblings through selling the chickens eggs and rabbits . if you give me this loan i will be able to increase the number of chicks and aslo renovate chicken house and expand it because the number has increased. Thanks so much lenders for the previous loan.

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  • James    May 8, 2015

    Dear lenders,
    my business is doing well the numbers of eggs supplying in the market has raised to 6 trays from three per day and the rabbits are 30 in numbers. thanks for your support,
    i look foward to have to increase my product soon .

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  • James    Apr 27, 2015

    dear lenders,
    the business is doing good, the numbers of products is increasing day by day. thanks.

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  • James    Apr 1, 2015

    Dear lenders,
    This is to let you know that i recieved the loan last week and i intend to use the money to increase the number of of the rabbits and the chikens and to cater for the medication.

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  • James    Mar 13, 2015

    dear lenders,
    this is to let you know that the last loan you lend me has helped me increase the number of rabbits and chicken in my farm i have sold some to the society to have the best quality of the rabbit in the society, i also have also been able to supply eggs to the community, given another loan i will increase the number of rabbit and chicken and be able to buy medicine and cater for vetinary cost.
    thanks as you consider my application.

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  • James    Feb 9, 2015

    dear lenders,
    the new hatch i built is able of handling 50 chickens an 40 rabbits after renovating it with loan you gave and i look forward to increase the production further i also incur some expenses on medication, of which loan catered for that.

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  • James    Feb 9, 2015

    hie lenders,
    my business is doing well, the number of my chicken and rabbits has increased, and the society are buying eggs and rabbits for their farm in my farm, i look forward to repay all my loan by this weekend, i haven't been able to update my profile due to lack of access to network service.

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  • rjb    Dec 17, 2014

    Congratulations on the success of your loan application. Best wishes for your business!

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  • James    Dec 9, 2014

    hie lenders i have been doing well and my business is growing i would like to increase the number of chicken and rabbits before the end of year.

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  • James    Sep 18, 2014

    dear lender
    i have not been able to pay back loan on time because i used the money in medication after being hospitalized for the last three weeks and i promise to to pay immediately i recover.

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  • James    Jul 22, 2014

    Dear lenders,
    Thanks so much for the loan you deposited to my mpesa account this morning. I promise to utilize it well to expand my business.
    once again thank you.

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  • James    Jun 16, 2014

    Dear lenders
    i cleared my loan balance on Saturday please update my loan account. thanks in advance.

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  • James    Jun 13, 2014

    Dear lenders
    my business is doing well and the sales of the eggs to the neighboring shops is doing well, also i sold some rabbits to the farmers in our village and the number has increased.
    thanks zidisha for i have managed to repay my loan back and i intend to expand my business as the time goes by.

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  • James    Jun 12, 2014

    Dear lenders, i send a loan balance of ksh1500/= on saturday 7th june 2014 in the evening, just to get a message that i didn't pay. Please update and let me know tha outcome of it.

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