Chicken farming

Abraham Musyoki

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Abraham Musyoki

Location

Nairobi, Kenya

On-time repayments

22 weekly installments  •  82%

About Me

My name is Abraham Masiku, first born in a family of 6. Born and raised in Makueni county in Kenya. Went to school in a local primary then later joined Machakos school for my secondary education. Joining campus was a challenge and thus started some vegetable farming to raise money for my family and my upkeep as well. Later on like a year later by the grace of God I managed to join a college to study business management. School fees was a challenge since the little we got was supposed to pay for the six of us. Had lost my dad while I was in class 8 and my mum is a house wife and the only source of income was proceeds from the small orange trees my dad had planted.
This motivated me to venture into this line of business. My target is to have a minimum of 10,000 orange trees and later on open a fresh juice processing company.

My Business

My business is majorly on orange farming which is one of our main cash crop in Makueni county in Kenya. since this is a seasonal thing, I'm planning to do irrigation which will ensure continued production. In a single sale one can get up-to 1,000 US dollars and thus having continued production this can raise up-to double the returns. Expenses associated with this kind of business is buying of pest control chemicals, spray equipments, weeding, pruning and labour.
On top of that, have also engaged in Chicken rearing to boost my income.
We have ready market for the produce and as for now demand is very high as compared to supply.
I use the profit to pay school fees for my siblings who are in colleges as well as upkeep of my mother.

Loan Proposal

Will buy some chicks amounting to 49$. Buy some seedlings to grow my orange farming to cost 49$ and the rest use as wages to the farm workers

Feedback

2

None

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Lenders

Chris

Fairfax County Virginia,  United States

Michael Bauschke

Dresden,  Germany

sbdoc

Reno,  United States

Mimobo

Schwäbisch Gmünd, Germany,  Germany

Katja

Switzerland

John Sercel

Florence,  United States

HCPSPIRIT

Helsinki,  Finland

Cloudways

Malta,  Malta

Benjamin Kniaz

Boston,  United States

Thomas

Sweden,  Sweden

Carlo Cruz

Cincinnati, OH,  United States

cyrus0302

San Francisco,  United States

wissam

Jeddah,  Saudi Arabia

Generaal

Antwerp,  Belgium

Callum Guy

Suffolk,  United Kingdom

Mike and Jacqui

United Kingdom

Pierfausto

Rome,  Italy

sderickson

Berkeley, CA,  United States

Dave Bogard

New York,  United States

Mikers

Netherlands

Laparo

Dusseldorf,  Germany

Grant Xavier Storer

Seattle, Wa,  United States

xtrahardware

Cazenovia,  United States

KK

karl kerksiek

United States

GA

Gal Ashuach

רעננה,  Israel

MR

Michiel Rauws

San Francisco,  Netherlands

H

hilde

seattle,  United States

AV

Alex Victor

Scottsdale,  United States

GA

Gabe Arnold

United States

J

jzidi

Los Angeles,  United States

CR

Christine Randall

Brisbane,  Australia

JT

Joanne Thompson

United Kingdom

C

czeisler

Hochheim,  Germany

Z

zhihanchew1234

Tampin,  Malaysia

P

prehders

Hamburg,  Germany

BF

Bob Fitzjohn

Fontvielle, Monaco,  Yemen

B

bugdaniel

Switzerland

T

TZ

Singapore,  Singapore

MW

Matt Willis

United States

D

Dermo

Dublin,  Ireland

BS

Brandon S

United States

A

AJ

United States

D

David

United States

S

Sandi

Ocean Shores,  Australia

ZS

Zach Silveira

Asheville, Nc,  United States

MR

Micky Richards

United Kingdom

J

Johanna

Zürich,  Austria

E

EJOBIV

United States

R

Rafael

Switzerland

K

Kristyn

United States

Show all

Loan Info

Disbursed amount

$137.79

Date disbursed

Mar 26, 2019

Repayment status

On Time

Projected term

2 months

Cost of loan

Service fee: 5% of $137.79 = $6.19

Credit risk payment: $24.77

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