Chicken rearing

Alfred Owuor Ojwang

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alfred Owuor Ojwang

Member since

November 2015

On-time repayments

134 installments  •  99%

About Me

Am first born of a family of five. Born, Raised and went to school in the city for pretty much of my education life. My dad was a civil servant, while mum was a house wife who passed on when i was still a child. Dad had to remarry again a housewife.By the time i was getting to college life my dads age of retirement had come and I have had to work extra to ensure all my siblings behind me get an education that will sustain them in future.
Am glad they have all achieved college education. It hasnt been easy though, it been trial here and there and loans here and there.
I have tried so many things, done juice business, opened a play station games shop for kids, tried sugarcane farming, now am into poultry, maize, and dairy farming things that i naturally love.
While my passion for agriculture remains, I have also bought land with intention to open shops as part of different revenue streams and assist me educate my siblings.
I have seen an opportunity in the uber/taxify/little cab business which i also want to try.
One of my unique hobbies is reading biographies of people who have made it from zero. I teach my children to think business, I would love for them to create opportunities and employ people.

My Business

Taxi business using phone apps ie uber/taxify/etc
My intended business is to join my car into the mobile taxi platform. I have purchased a vehicle engine 1.3 litres which i want to enrol into the uber business.
Am seeking loan
1. To fit in a tracker. (200 dollars)
2. To purchase alarm system. (200 dollars)
3. To purchase all year license. (200 dollars)

The average expected pay from daily collection is 20 dollars. Per month (25days) collection is 500 dollars.
Expenses include vehicle servicing - 100 dollars monthly.
Per year total collection 6000 dollars
Per year expenses; servicing-1200
Tyres- 600 dollars
Insurance 350 dollars
License renewal 200 dollar.
Expected income 3500-3800 dollar

This income should allow me complete stalled real estate projects, it would also allow me now focus on laying good foundation to my own family.
Looking forward to my patners support in this.

Loan Proposal

The loan amount will assist me buy feeds for the chicken am rearing that are almost mature and ready for sale.
I have 300 indigenous chicken that am rearing. They consume 1/2 of a bag of meal cumulatively each day.
It takes 6-8 months for the chicken to mature and be ready for sale.
Each bag of meal goes for $12.
In an entire month I spend $ 185-200 on meals only. Other costs are labour and water buying for cleaning and drinking for the chickens.
The birds I have are 8 months and are ready for sale.
December being a festive season this is when sales are high and prices good.
With the loan am getting I shall be able to provide feeds for the corks/hen that will remain as i continue selling.
The loan amount will assist me get additional bags of meals.
The market price for mature chicken is about $8. For 300 chicks sold i expect $2400. If I minus my expenses the profit is about $600-800.
This amount I wish to reinvest all of it and redo a new cycle of rearing chicken and implement lesson learnt in current cycle. I wish also to expand it to 1000 chickens to rear and earn more. Eventually the plan is to be a supplier of indigenous chicken in my area, both meat and by product thus assisting me stabilize my immediate and assist my sibling finish their schooling.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.22

Date disbursed

Dec 10, 2015

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: $8.31

Alfred opted to pay $112.11 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

J

Jason

New Jersey, United States

RebeccaNie

Palo Alto, United States

Gnomie

Brunswick, United States

J

Jennifer

Minneapolis, United States

B

Bavarian

Bavaria, Germany

J

JoeSolar

Virginia, United States

R

Rking

Eugene, United States

R

Rachel

Vernon, Canada

K

Klemens

M, Germany

Eduard

Dnepr, Ukraine

M

MarkGallagher

Glasgow, United Kingdom

Y

Yecats

New York, United States

M

mrsfit

Surrey. BC, Canada

P

Person70

Siberia, Russia

S

shrike718

West Chester, United States

W

Walter1

Bergneustadt, Germany

A

acolomitchi

Eynesbury, Australia

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

C

CJAnderson

Sydney, Australia

Sheena47

Ottawa, Canada

colochef

Montevideo, Uruguay

K

kilanta

Jyväskylä, Finland

B

Britams

Amsterdam, Netherlands

K

Krish

Dubai, United Arab Emirates

R

ruthieonart

Plano, TX, United States

F

fredrikahl

Stockholm, Sweden

J

Justicar007

Longueuil, Canada

H

hokyplyr

Lincoln, United States

R

RickRozemuller

Groningen, Netherlands

I

idakaren

bonlez, Belgium

L

lewisfamily

Bicester, United Kingdom

W

WidoStar

Bad Karlshafen, Germany

stever

Cape Coral, United States

D

doublehelix

Philadelphia, United States

P

Pillango

Frankfurt, Germany

M

mcmathae

Santa Clara, United States

MrCane

Montevideo, Uruguay

N

Nick

Colorado Springs, Colorado, United States

E

Esseni

Cincinnati, United States

E

emilys

Rochester, United States

G

Gdrvasc

Frederick, United States

L

Lanny_Walker

Vermilllion, United States

M

markus61

cologne, Germany

S

samthewill

Winterthur, Switzerland

I

ingredion00

Indianapolis, United States

D

daylin

Chicago, IL, United States

M

mibrahim51

Mountain View, United States

E

emilyeaton

New York, United States

A

andykhl

Jersey City, United States

Namulanda

nairobi, Kenya

G

GreenMoney

Lahr, Germany

A

anson

Alexandria, United States

F

frazier

rock springs, United States

S

SanderBeckers

Brussel, Belgium

T

Texikan

Fort Worth, United States

D

dj9812

United States

C

cktsai

United States

L

liseman

United States

S

scotchval

United States

OP

Old People

Corona Del Mar, United States

G

goloans

Palo Alto, United States

L

Leechy

Toronto, Canada

K

Kramer91

Kamerik, Netherlands

M

Mcohan21

United States

araidia

United States

D

ducks127

United States

A

AreEmOne

United States

S

suraj_sindhia

United States

Landerson

Edinburgh, United Kingdom

M

Mj11991

Cleveland, United States

P

pkoy04

United States

T

thenwhen

United States

SimonD

Lincoln, Uk, United Kingdom

Z

zidscott

United States

Grant Xavier Storer

Seattle, Wa, United States

Mimobo

Schwäbisch Gmünd, Germany, Germany

A

afrakhan

United Kingdom

G

Gfunkey

United States

E

Erich

Zurich, Switzerland

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

PG

Paul Graham

United States

TF

Tom Fawcett

United States

Christopher Hey

Sudbury, Canada

J

jerod

United States

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