Adding chicken coop to poultry farm

Addah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Addah

Member since

January 2015

On-time repayments

34 installments  •  76%

About Me

I am a Kenyan citizen of age 36years. I completed my secondary school successfully then later pursued Diploma in Community Development. I am third born in house of 6 children. Of all my siblings I am the one with high business acumen moreso dealing in Livestock (raring chicken), I started this when I was in high school where I started with 2 chickens. I carried the same concept to my marriage and I do love birds business. Today I am a mother of 2 girls and happy to be still keeping chickens for eggs and white meat supplying to hotels and walk in clients.

My Business

My Business is Addah's Chicks. I deal with chicken (local). I started with only 2 and today i have over 20 chicken being reared on a free range basis. I have a spacious compound thus very convinient for my business. I buy chicken from the rural wholsalers then inturn sell to my clients who are majorly hotels, friends, and referral clients. With my widening scope in this business, I even supply chickens for various accasions and functions like weddings, birthdays e.t.c.
I chose this buiness because of passion and the minimal cost involved in rearing the chicken, which are easy to sustatin and as a result increases my revenue. I get 1 adult chciken from the wholesalers at Kshs 250 (USD 3), and I re-sell at approximately Kshs 500 (USD 6). My monthly revenue is not fixed but it is roughly Kshs 2500 (USD 294). I use the profits to pay for school fees for my children, paying household bills and food among others

Loan Proposal

I intend to expand the space for my chicken so that i can keep more broilers and layers which will definately mean more business. I will buy 10 iron sheets (Gauge 35) 3m by 1m @ Kshs 600(USD 7) which amounts to Kshs 6000 (USD 71) then, 33metres wooden planks 1in x 1in x 3m @Ksh 85 (USD 1) which is equals to kshs 2805 (USD 33 )
The nails and labour are readily available as my husband will help me with that, I will expand the housing to about another 30 chickens which will breed and resell at about Kshs 15000 (USD 176) and also get more eggs for sale on the side, I will be able to meet my clients re-order level and gradually increase the number of birds in my flock. My family, friends and relatives will have access to readily available white meet from me

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 5, 2015

Repayment status

On Time

Projected term

7 months

Lenders

M

mikedufty

Perth, Australia

AltruisticSelfishnes

Chicago, United States

M

mevans24

United States

Louella

Australia

G

GEMMGMT

United States

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Summary

Amount repaid

$108.82

Amount remaining

$0.00

Date repaid

Oct 11, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 15, 2015 $3.20 Feb 15, 2015 $3.20
Feb 22, 2015 $3.20 Feb 22, 2015 $3.20
Mar 1, 2015 $3.20 Mar 1, 2015 $3.20
Mar 8, 2015 $3.20 Mar 8, 2015 $3.20
Mar 15, 2015 $3.20 Mar 15, 2015 $3.20
Mar 22, 2015 $3.20 Mar 24, 2015 $3.20
Mar 29, 2015 $3.20 Mar 29, 2015 $3.20
Apr 5, 2015 $3.20 Apr 5, 2015 $3.20
Apr 12, 2015 $3.20 Apr 12, 2015 $3.20
Apr 19, 2015 $3.20 Apr 22, 2015 $3.20
Apr 26, 2015 $3.20 Apr 28, 2015 $3.20
May 3, 2015 $3.20 May 5, 2015 $3.20
May 10, 2015 $3.20 May 12, 2015 $3.20
May 17, 2015 $3.20 May 18, 2015 $3.20
May 24, 2015 $3.20 May 25, 2015 $3.20
May 31, 2015 $3.20 May 31, 2015 $3.20
Jun 7, 2015 $3.20 Jun 12, 2015 $3.20
Jun 14, 2015 $3.20 Jun 15, 2015 $3.20
Jun 21, 2015 $3.20 Jul 1, 2015 $3.20
Jun 28, 2015 $3.20 Jul 6, 2015 $3.20
Jul 5, 2015 $3.20 Jul 12, 2015 $3.20
Jul 12, 2015 $3.20 Jul 27, 2015 $3.20
Jul 19, 2015 $3.20 Jul 27, 2015 $3.20
Jul 26, 2015 $3.20 Jul 27, 2015 $3.20
Aug 2, 2015 $3.20 Aug 7, 2015 $3.20
Aug 9, 2015 $3.20 Aug 23, 2015 $3.20
Aug 16, 2015 $3.20 Sep 4, 2015 $3.20
Aug 23, 2015 $3.20 Sep 4, 2015 $3.20
Aug 30, 2015 $3.20 Sep 4, 2015 $3.20
Sep 6, 2015 $3.20 Oct 7, 2015 $3.20
Sep 13, 2015 $3.20 Oct 7, 2015 $3.20
Sep 20, 2015 $3.20 Oct 7, 2015 $3.20
Sep 27, 2015 $3.20 Oct 11, 2015 $3.20
Oct 4, 2015 $3.22 Oct 11, 2015 $3.22

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