Chicks and feeds to expand poultry farming

Damashas Kirui

Sotik, Kenya

3% repaid

Entrepreneur

Name

Damashas Kirui

Member since

March 2015

On-time repayments

96 installments  •  2%

About Me

My name is Damashas Kirui from Siriat village in Sotik. I am 34 years old and a first born in a family of seven. I am married and blessed with two daughters- Angela and Brenda aged 5 and 2 years respectively.
I love farming and currently do it full time as source of food and income.
I spend my free time watching movies and taking nature walks.

My Business

l am a full time farmer and specialize in poultry farming. I have a farm in Siriat vilage where I keep my flocks. I chose poultry farming because i have skills and is also very profitable. I rear mostly indegenous breeds- which have a good demand in the area.
I sell both eggs and chicks and my customers are often hotel owners and local residents.
I have plans to expand my business by buying more chicks and reaching out for more clients- like tenders from hotels.

Loan Proposal

The demand for indeginous chicks and eggs is on the rise in my area. I would therefore like to expand the size of my brood by purchasing more chicks from the neighbourhood.
I have just completed the expansion of the poultry house and I am targetting 15 more chicks.
I will therefore use the $100 loan on purchasing the new chicks and feeds to start with.
- $60 on 15 indegenous chicks and the remainign $40 to add on feeds.
Improving the number of chicks will improve profits both from sale of mature chicks and eggs. I expect to sell over 100 eggs each week from the new chicks which will generate an additional revenue of over $15 weekly
The current cash flow will help me repay the loan with ease.
Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

Apr 17, 2015

Repayment status

Late

Projected term

22 months

Cost to entrepreneur

Service fee: $3.75

Damashas opted to pay $74.84 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

COOPITALIST

Toronto, Canada

DukusP

Glendale, United States

D

doinggood

Missoula, United States

P

PhilACK

Brampton, Canada

birtom

Ettlingen, Germany

E

EnhanceLife

Heber City, United States

Matthew

New York, NY, United States

S

samuk

Nottingham, United Kingdom

C

cczapp

Hilliard, United States

H

Hello

Salisbury, United Kingdom

W

Woodyrocks

London, United Kingdom

danielytao

Boston, United States

K

Katehar

Maple Valley, WA, United States

D

Dettmann1

Atlanta, United States

J

janharg

Garland, Tx, United States

T

Travelbear

Asheville, United States

T

ThomasGermany

Wuppertal, Germany

U

UmSaeed

Southfield, United States

D

Dionne

Pembroke, Bermuda

M

mwkelley2

Columbus, OH, United States

D

Dave22202

Arlington VA, United States

A

Aaron

Zurich, Switzerland

C

Christougher

Osaka, Japan

OlyRhys

Olympia, United States

DT

Dru Tarr

Gloucester, United States

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

M

mtlfire

Montreal, Canada

L

lilbsedz

Raleigh, United States

HMS_5th_Grade

Honolulu, United States

Vla911

Milan, Italy

J

Jyoti

Herndon, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

fairspirit

Utrecht, Netherlands

E

E

Marin county, United States

C

Clben7

Cincinnati, United States

B

benlenarts

Netherlands

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

Paul

Seattle, United States

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