Chicken rearing business expansion

Alice

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alice

Member since

April 2014

On-time repayments

35 installments  •  63%

About Me

Hello, my name is Alice Ayayo. I come from the Migori County in the Republic of Kenya.

I currently live and work in Nairobi where I also engage in chicken farming. This is now my second year farming chicken. I mainly rear chicken for eggs, which i sell to a number of hotels. I also sell eggs to my neighbours, which also earns me good income.

My Business

I wish to take this opportunity to thank all lenders who have on three past occasions funded my loan applications. I appreciate you all. My chicken farming business has since expanded and improved. I can now pay my loans comfortably in good time.

My eyes are still set on my long-term goal of being one of the major egg producers in my locality. I will certainly not be able to realise this goal without continuing to expand my business. The first chicks that i bought have started to lay eggs and supply to local hotels and other establishments has increased steadily. It is for this reason that I want to expand my business further to meet demand for eggs that I know for sure will still grow.

I now wish to establish a second chicken house in which I will house another group of layers. This is with the aim of realising my long-term goal of being one of the major egg producers in my locality.

Loan Proposal

Hallow lenders. This is my second loan posting. I used the first loan to buy a few chicken house items and a few chick. The chicks i added are doing well and will boost egg production once they start laying.

I intend to use the whole amount of this loan to buy additional chick layers. This will go a long way in increasing my chicken, which will also increase egg production. This will allow me to meet the ever increasing demand for eggs in my location.

Show original English  

About Me

Hallow, my name is Alice Ayayo. I hail from Migori County in the Republic of Kenya.

I currently live and work in Nairobi where i also engage in chicken farming. This is now my second year farming chicken. I mainly rear chicken for eggs, which i sell to a number of hotels. I also sell eggs to my neighbours, which also earns me good income.

My Business

I wish to take this opportunity to thank all lenders who have on three past occasions funded my loan applications. I appreciate you all. My chicken farming business has since expanded and improved. I can now pay my loans comfortably in good time.

My eyes are still set on my long-term goal of being one of the major egg producers in my locality. I will certainly not be able to realize this goal without continuing to expand my business. The first chicks that i bought have started to lay eggs and supply to local hotels and other establishments has increased steadily. It is for this reason that i want to expand my business further to meet demand for eggs that i know will still grow.

I now wish to establish a second chicken house in which i will house another group of layers. This is with the aim of realizing my long-term goal of being one of the major egg producers in my locality.

Loan Proposal

Hallow lenders. This is my second loan posting. I used the first loan to buy a few chicken house items and a few chick. The chicks i added are doing well and will boost egg production once they start laying.

I intend to use the whole amount of this loan to buy additional chick layers. This will go a long way in increasing my chicken, which will also increase egg production. This will allow me to meet the ever increasing demand for eggs in my location.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Jun 24, 2014

Repayment status

On Time

Projected term

8 weeks

Lenders

Stefano Bertolo

Luxembourg, Luxembourg

H

howard

Vence, France

S

samanthaellen

United States

Sputnik

Switzerland

Ask Alice a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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