Samuel
Juja, Kenyatta Road, Kenya
100% repaid
Name
Samuel
Member since
February 2014
On-time repayments
232 installments • 26%
Our competitive edge is that we specialize in organic farming. Consumers are increasingly aware of health living and prefer our free-ranged poultry products to the exotic caged breeds. Also, Improved indeginous chicken has equally good maturity, weight gain, & production rate but are more resistant to diseases.
Our competitive edge is that we specialize in organic farming. Consumers are increasingly aware of health living and prefer our free-ranged poultry products to the exotic caged breeds. Also, Improved indeginous chicken has equally good maturity, weight gain, & production rate but are more resistant to diseases.
If my Zidisha loan is granted, I will invest my first loan from Zidisha in my Agribusiness (poultry) project where I intend to purchase more fertile improved Kienyeji (Indiginous chicken) eggs for incubation to help me grow my stock and spare a small proportion for overheads such as vaccination and feeding. I bank on my three-year-experience in hatchery business that this would be a success, too!
Clearly, this project will not have returns in a month's time. But it will definitely take my agribusiness to a large scale enterprise. I will use proceeds from my exisiting poultry business to repay my loan. Also, I will continue offering incubation services to farmers until that time I will have grown my stock to the level of filling my hatchery capacity.
Goldwings Poultry Farm aspires to be a leading farm and hatchery for improved indigenous chicken in Kenya. As such, as I continue to grow my stock for these indigenous chicken, I hope to grow my credit limit with Zidisha to the level of half a million (over 6000 USD) at the time they reach production age so that I can easily be able to pay back using proceeds from the agri-business venture. The strength of the improved Kienyeji breed is that it attains maturity at 20-22nd week hence product life cycle is shorter and hence financially sustainable venture.
Thank you so much for according me this opportunity to grow my agri-business venture with Zidisha loans.
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 11, 2014
Repayment status
On Time
Projected term
3 months
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