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.
Positive
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Neutral
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Negative
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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
Other loans
Amount repaid
$154.12
Amount remaining
$0.00
Date repaid
Jun 5, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Mar 22, 2014 | $25.32 | Mar 21, 2014 | $25.32 |
Mar 29, 2014 | $0.56 | Mar 21, 2014 | $0.56 |
Apr 5, 2014 | $11.76 | Apr 5, 2014 | $11.76 |
Apr 12, 2014 | $11.76 | Apr 5, 2014 | $0.59 |
Apr 7, 2014 | $5.88 | ||
Apr 12, 2014 | $5.29 | ||
Apr 19, 2014 | $11.76 | Apr 12, 2014 | $0.59 |
Apr 19, 2014 | $11.18 | ||
Apr 26, 2014 | $11.76 | Apr 19, 2014 | $0.12 |
Apr 26, 2014 | $11.65 | ||
May 3, 2014 | $11.76 | Apr 26, 2014 | $0.12 |
May 3, 2014 | $11.65 | ||
May 10, 2014 | $11.76 | May 3, 2014 | $0.12 |
May 10, 2014 | $11.65 | ||
May 17, 2014 | $11.76 | May 10, 2014 | $1.29 |
May 19, 2014 | $10.47 | ||
May 24, 2014 | $11.76 | May 19, 2014 | $0.71 |
May 26, 2014 | $11.06 | ||
May 31, 2014 | $11.76 | May 26, 2014 | $0.35 |
Jun 2, 2014 | $11.41 | ||
Jun 7, 2014 | $11.76 | Jun 2, 2014 | $0.35 |
Jun 4, 2014 | $10.24 | ||
Jun 4, 2014 | $1.18 | ||
Jun 14, 2014 | $10.54 | Jun 4, 2014 | $10.54 |
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