Chicken vendor

Godfrey Mutua

Kariobangi, Kenya

100% repaid

Entrepreneur

Name

Godfrey Mutua

Location

Kariobangi, Kenya

On-time repayments

197 weekly installments  •  87%

About Me

Thank you for the opportunity again.
I come from a family of 4 and i am the first born. Being a first born in a family some times is a challenge since you are the pace setter to your siblings. I completed my secondary school education in the year 2007 but unfortunately i did not proceed to further my education. I got employed in a company where i worked as a casual worker for 3 years. I managed to raise small capital which i used to venture into a poultry business. My country is an agricultural country were agriculture is the main source of income to many citizens. I am a father of a baby boy who is turning one year old. i would like my child never to lack anything in life and give him the best education which i was not able to get

My Business

My business is a poultry in nature. I buy and sell chickens to hoteliers in Nairobi. I also sell to people for domestic consumption. I realized that this was untapped opportunity in my area since suppliers were very few. Also farmers used to struggle when it came to selling of their mature chickens.
I became a bridge between the farmers and the consumers since most farmers are from the rural area and were unable to access the market in the city.
Averagely i buy and sell 50 chicks in a week. This usually cost me averagely 30000. The revenues are between 40000-45000. I was the profits realized to increase my stock. Sometimes i keep my stock therefore i am supposed to buy some feeds as i wait for the market.I also use this profits to pay for my bills and take care of my family needs. i will use the profits to expand my business to a higher level

Loan Proposal

Currently i have two open shops where i am selling my chicken. i have expanded my retail shops in such that i want to open third one next to nyayo estate. I have identified the place and i saw its a prime area for the business since no such business in that area.
This will mean creation of new job since i will have to employ someone to operate it.
It will also mean increased revenue in in my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$610.71

Date disbursed

Jul 12, 2017

Repayment status

On Time

Projected term

20 months

Cost to entrepreneur

Service fee: 5% of $610.71 = $27.39

Lenders

T

Tmann

Los Angeles, United States

eagle3

Grand Ledge, United States

ErikN

Stockholm, Sweden

S

shane

San Diego, United States

AF

a f

washington, United States

andreas

St. Georgen / Gusen, Austria

M

matts

New York, United States

Cloudways

Malta, Malta

Y

Yevrahs

Dallas, Texas, United States

mojobob

Hayward, United States

stroi08

Odense C, Denmark

adrianz

United States

N

nagoll

United States

Voscke

Utrecht, Netherlands

S

Stephanie

United Kingdom

Dominik Wagner

Karlsruhe, Germany

T

thedan33

Czech Republic

Kevin

San Francisco, United States

TB

Taylor Brown

United States

NH

N Holt

United States

MR

Michiel Rauws

San Francisco, Netherlands

M

Mart

United Kingdom

PG

Paul Graham

United States

E

ErinMcNulty

United States

KM

Keir M

London, United Kingdom

AH

ajay hampapur

United States

Aran Dunlop

United States

JR

Jacob Rolon

United States

AL

Aley Lira

Rio de Janeiro, Brazil

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

K

Kyle

Durban, United Kingdom

R

Robert

Netherlands

A

Anonymous

United States

R

RMIM

United States

WC

Walter Clarke

Phoenix, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

RW

Ronald Waite

United States

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