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 .
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
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$300.00
Date disbursed
Jul 9, 2016
Repayment status
On Time
Projected term
14 months
Other loans
Lenders
Stockholm, Sweden
United States
Canada
Seattle, Washington, United States
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Summary
Amount repaid
$315.00
Amount remaining
$0.00
Date repaid
Feb 2, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 20, 2016 | $5.04 | Jul 25, 2016 | $5.04 |
| Jul 27, 2016 | $5.04 | Aug 4, 2016 | $5.04 |
| Aug 3, 2016 | $5.04 | Aug 4, 2016 | $0.30 |
| Aug 18, 2016 | $4.74 | ||
| Aug 10, 2016 | $5.04 | Aug 18, 2016 | $0.30 |
| Aug 26, 2016 | $4.74 | ||
| Aug 17, 2016 | $5.04 | Aug 26, 2016 | $0.30 |
| Sep 1, 2016 | $4.74 | ||
| Aug 24, 2016 | $5.04 | Sep 1, 2016 | $0.30 |
| Sep 12, 2016 | $4.74 | ||
| Aug 31, 2016 | $5.04 | Sep 12, 2016 | $0.30 |
| Sep 15, 2016 | $4.74 | ||
| Sep 7, 2016 | $5.04 | Sep 15, 2016 | $5.04 |
| Sep 14, 2016 | $5.04 | Sep 15, 2016 | $0.30 |
| Sep 30, 2016 | $4.74 | ||
| Sep 21, 2016 | $5.04 | Sep 30, 2016 | $5.04 |
| Sep 28, 2016 | $5.04 | Sep 30, 2016 | $0.30 |
| Oct 18, 2016 | $4.74 | ||
| Oct 5, 2016 | $5.04 | Oct 18, 2016 | $5.04 |
| Oct 12, 2016 | $5.04 | Oct 18, 2016 | $5.04 |
| Oct 19, 2016 | $5.04 | Oct 18, 2016 | $0.30 |
| Oct 26, 2016 | $4.74 | ||
| Oct 26, 2016 | $5.04 | Oct 26, 2016 | $5.04 |
| Nov 2, 2016 | $5.04 | Oct 26, 2016 | $0.30 |
| Nov 9, 2016 | $4.74 | ||
| Nov 9, 2016 | $5.04 | Nov 9, 2016 | $5.04 |
| Nov 16, 2016 | $5.04 | Nov 9, 2016 | $0.30 |
| Nov 22, 2016 | $4.74 | ||
| Nov 23, 2016 | $5.04 | Nov 22, 2016 | $5.04 |
| Nov 30, 2016 | $5.04 | Nov 22, 2016 | $0.30 |
| Dec 6, 2016 | $4.74 | ||
| Dec 7, 2016 | $5.04 | Dec 6, 2016 | $0.30 |
| Dec 17, 2016 | $4.74 | ||
| Dec 14, 2016 | $5.04 | Dec 17, 2016 | $1.01 |
| Jan 5, 2017 | $4.03 | ||
| Dec 21, 2016 | $5.04 | Jan 5, 2017 | $5.04 |
| Dec 28, 2016 | $5.04 | Jan 5, 2017 | $5.04 |
| Jan 4, 2017 | $5.04 | Jan 5, 2017 | $5.04 |
| Jan 11, 2017 | $5.04 | Jan 5, 2017 | $1.01 |
| Jan 10, 2017 | $4.03 | ||
| Jan 18, 2017 | $5.04 | Jan 10, 2017 | $5.04 |
| Jan 25, 2017 | $5.04 | Jan 10, 2017 | $5.04 |
| Feb 1, 2017 | $5.04 | Jan 10, 2017 | $5.04 |
| Feb 8, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
| Feb 15, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
| Feb 22, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
| Mar 1, 2017 | $5.04 | Jan 25, 2017 | $5.04 |
| Mar 8, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Mar 15, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Mar 22, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Mar 29, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Apr 5, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Apr 12, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Apr 19, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Apr 26, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| May 3, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| May 10, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| May 17, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| May 24, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| May 31, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jun 7, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jun 14, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jun 21, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jun 28, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jul 5, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jul 12, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jul 19, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Jul 26, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Aug 2, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Aug 9, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Aug 16, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Aug 23, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Aug 30, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Sep 6, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Sep 13, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Sep 20, 2017 | $5.04 | Feb 2, 2017 | $5.04 |
| Sep 27, 2017 | $2.42 | Feb 2, 2017 | $2.42 |
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