Increasing the number of chicks to expand my chicken rearing business

Eida

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Eida

Member since

April 2015

On-time repayments

174 installments  •  36%

About Me

My name is Eida kioko. Am 33 years old and married. I have 4 children, three girls and one boy.I was brought up by my parents and am the third born in our family. I finished my secondary school in the year 2000. I have my 3 children in primary school. The little one 2 years old. We live in Kitengela town which is one of the fastest growing towns in Kenya hence good for business ventures.I began raring chicken in 2007 which is doing well and helping me bring up my family. Thank you.

My Business

My chicken rearing business has proved to be a good and promising one because I do it at home.My husband has been supporting me by inputting finances to buy one day old chicks. The chicks mature in 4 months time when I take them to the market and sell them.I normally buy a hundred chicks @ a cost of 1 dollar each and in maturity I sell each @11 dollars. After deducting my expenses I get a profit of between 3 to 4 dollars per chicken.The aim of my applying for 100 dollars from is to add the number of chicks from 100 to 200 chicks. The profit I get helps me in the betterment of my children education. After zidisha gives the the loan, I have a proper arrangement with my husband who is on salary to help me pay back the loan.I will appreciate so much if you consider helping me better my business. Thank you.

Loan Proposal

As i have talked about my business,I propose to borrow the mentioned amount of money to buy a100 one day old chicks.That will cost me around 60 dollars and the remaining and the remaining 40 dollars I intend to use it for buying the chicken foods which will be very much needed. T his loan will be very useful because am adding more chicken to already what I have. This will increase my profit by half.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 28, 2015

Repayment status

On Time

Projected term

4 months

Lenders

C

Christian

Saarbruecken, Germany

Zidisha

Sterling, United States

indeh

London, United Kingdom

D

danderson1953

Plainsboro, United States

Jouni

Finland

rfriedenberg

New Jersey, United States

T

Tui1974

nuenen, Netherlands

C

Clben7

Cincinnati, United States

Paul Buchheit

Mountain View, United States

P

plhughes

United States

M

merk85

United States

Z

zidscott

United States

S

sarahb

United States

Kristina Speed

Seattle, WA, United States

MA

Mary Art Hunt

United States

A

Anthony

United States

JD

Jeff DePree

United States

YM

Yelka Mikolji

United States

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Summary

Amount repaid

$105.14

Amount remaining

$0.00

Date repaid

Sep 5, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 10, 2015 $5.53 May 10, 2015 $5.53
May 17, 2015 $5.53 May 17, 2015 $5.53
May 24, 2015 $5.53 May 24, 2015 $5.53
May 31, 2015 $5.53 May 31, 2015 $5.53
Jun 7, 2015 $5.53 Jun 8, 2015 $5.53
Jun 14, 2015 $5.53 Jun 14, 2015 $5.53
Jun 21, 2015 $5.53 Jun 22, 2015 $5.53
Jun 28, 2015 $5.53 Jun 27, 2015 $5.53
Jul 5, 2015 $5.53 Jul 4, 2015 $5.53
Jul 12, 2015 $5.53 Jul 11, 2015 $5.53
Jul 19, 2015 $5.53 Jul 18, 2015 $5.53
Jul 26, 2015 $5.53 Jul 26, 2015 $5.53
Aug 2, 2015 $5.53 Aug 1, 2015 $5.53
Aug 9, 2015 $5.53 Aug 9, 2015 $5.53
Aug 16, 2015 $5.53 Aug 15, 2015 $5.53
Aug 23, 2015 $5.53 Aug 22, 2015 $5.53
Aug 30, 2015 $5.53 Aug 29, 2015 $5.53
Sep 6, 2015 $11.08 Sep 5, 2015 $5.53
Sep 5, 2015 $5.54

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