Construction of a modern coop for my chicken project

Irene

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Irene

Member since

February 2016

On-time repayments

187 installments  •  56%

About Me

I am Irene Wambui, born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy. I am married with two kids, a boy & a girl. After college, I worked with a medicine firm for two years as an employee, and later ventured into business after getting married due to low wages.

Currently, I have a poultry rearing business and it's doing well, going with the way it started. Poultry keeping is a good business but a tricky one because it needs a lot of one's time with birds. My wish is to expand my business and target the bigger market.

My Business

As mentioned above, I am a poultry farmer. I normally buy one day old chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches so that I sell 200 birds after every two weeks.

This is a profitable venture but it has its own challenges, such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well. I get a net profit of about USD 200 per month.

Loan Proposal

Dear lenders, after a successful repayment of my first loan which was very helpful, my next project is to modernize my coop to keep up with market competition. The cost of this project is as shown below.

Construction materials 200 USD
Labor 50 USD
I will top up my feeds stock with the remaining balance.
This kind of a coop will ease my work especially on watering and ventilation .

Show original English  

About Me

Am Irene Wambui born and grown up in the coast region of Kenya (Mombasa). I hold a certificate in pharmacy.Am married with two Kids, A boy & a girl.After collage i worked with a medicine firm For two year as an employee and later venture into business after getting married due to low wage.

Currently am in a poultry rearing business and its doing well,going with the way it started. Poultry keeping is a good business but tricky one because it needs a lots of ones time with birds. My wish is to expand my business and target the bigger market.

My Business

As mentioned above, I am a poultry farmer. I normally buy one day chicks and sell them after four weeks. I keep about 400 birds and I do keep them in two batches such that I sell 200 birds after every two weeks.

This is a profitable venture but I has its own challenges such as expensive chicken feed and diseases. However, I have surmounted most of these challenges and I am glad my business is doing well and I get a net profit of about USD 200 per month.

Loan Proposal

Dear lenders, after a successful repayment of my first loan which was very helpful, my next project is to modernize my coop to keep up with market competition. The cost of this project is as shown below.

Construction materials 200 USD
Labor 50 USD
I will top up my feeds stock with the remaining balance.
This kind of a coop will ease my work especially on watering and ventilation .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Jul 9, 2016

Repayment status

On Time

Projected term

14 months

Lenders

Zidisha

Sterling, United States

MakeSense

-, St. Kitts and Nevis

D

Divergent

Bethesda, United States

F

fredrikahl

Stockholm, Sweden

paulclinton

malaga, Spain

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

A

AniaC

Melbourne, Australia

Ahadi

France

P

PC

United States

CNV

United States

PG

Paul Graham

United States

Arend Thorp

Brooklyn, NY, United States

Douglas St Quintin

Sydney, Australia

Jon

Ireland

PR

Priscilla Rathbone

Seattle, Washington, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

B

BSM

France

Ken

Mequon, WI, United States

A

Anonymous

United States

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