Chicken farm expansion
Emily
Yenga, Kenya
$0 to go
100% funded of $457 goal
0
days left
Entrepreneur
Name
Emily
Member since
February 2016
On-time repayments
52 installments • 69%
About Me
Hello to you all .
My names are Emily Okumu,I was raised but my aunt when both my parents perished in a grisly road accident while rushing me to hospital when I was 3 months old. I schooled upto secondary where I sat my KCSE and passed well. I was not however able to join collegedue to lack of finance.
i joined Yombele youth group where I learnt about poultry farming. I got intrested very much but I did not have money to start, I took a loan of $50 from the group and bought 30 chicks, the mortality rate was high and I lost 26 chicks, I dint give up but learn some lessons. I later added another 30 chicks and these time round I was lucky as only one died. I am now proud of 150 birds and happy the business is growing.
I am loving and caring, I love reading novel,watching documentaries and listening to gospel music during my free time.
My Business
I am a small scale poultry bad with big dreams of becoming a large scale poultry farmer in future. I currently provide fertilized eggs and poultry for sale.
there is high demand for organic poultry and poultry products,I sell my eggs to a hatchery and birds to a hotel ,I rarely meet the demand as the demand is very high.
I choose these business after receiving training in poultry keeping from my youth group,I felt it could change my life and that's why I decided to try my hand on it.
I spend $100 per month on feeds and vaccinations and my monthly income is $280 ..
I use the profits to save for business expansion,buy my basic needs and pay fees for my niece.
Loan Proposal
I am very grateful to you lenders.I am requesting for $450 loan that I would use as follows
$300 buying 300 day old chicks at $1 each
$150 buying feeds
I would keep the broilers for 7 weeks and expect to make $600 in profits.
Thank you .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$457.00
Date disbursed
Nov 30, 2016
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Devon, United Kingdom
United States
Mill Valley, California, United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$0.00
Amount remaining
$456.60
Expected completion
Mar 13, 2017
Status
Repaying late
Installment amount
$34.25
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 12, 2016 | $34.25 | ||
| Dec 19, 2016 | $34.25 | ||
| Dec 26, 2016 | $34.25 | ||
| Jan 2, 2017 | $34.25 | ||
| Jan 9, 2017 | $34.25 | ||
| Jan 16, 2017 | $34.25 | ||
| Jan 23, 2017 | $34.25 | ||
| Jan 30, 2017 | $34.25 | ||
| Feb 6, 2017 | $34.25 | ||
| Feb 13, 2017 | $34.25 | ||
| Feb 20, 2017 | $34.25 | ||
| Feb 27, 2017 | $34.25 | ||
| Mar 6, 2017 | $34.25 | ||
| Mar 13, 2017 | $11.37 | ||
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