Expanding chicken coop and additional chickens

Mugendi

Kinoo - Kikuyu, Kenya

100% repaid

Entrepreneur

Name

Mugendi

Member since

February 2015

On-time repayments

210 installments  •  42%

About Me

As a young boy in the early seventies, I was raised at the eastern slopes of Mt Kenya where survival and adventure went hand in hand. Though schooling was not interesting for most of my peers, I somehow got fascinated with learning which led me to stay on to complete both elementary and high school. This drew a clear line between my destiny and that of most of my age mates' setting us on two different paths in life.
After completing high school, I secured a place in one of the leading mid-level colleges in the city of Nairobi where I was enrolled for a diploma course. On completing my course, I set out to seek for a job. After six months is when I got one with a freight forwarding and logistics company. Considering the challenges I faced while seeking for the job, I endeavored to one day start my own business where I can also be an employer.
It was rather unfortunate that after working for the company close to ten years, it started declining as a result of mismanagement and funds misappropriation by the directors. By the time I decided to quit, I had worked for ten months without a salary. All this time I survived on my savings which were also draining out considering that I already had a family. After another search for a job for three months without success, I made an interestingly radical decision; to volunteer my time and services to an orphanage (children’s’ home). By this time, paying house rent and my children’s’ school fees was a big challenge. This is when I knew true value of friends in life because a number of them came to my rescue on many occasions.
In the midst of all this, I realized there was a sufficient space just beside my house. Thinking of how to utilize it, an idea of poultry keeping popped up and it was like a new dawn to me. I had to squeeze out of the little allowance I get from the orphanage to construct a chicken coop. I also managed to buy five mature indigenous chickens. This brought a lot of excitement to my wife, daughter and our three sons. Actually one of my boys was so inspired by the whole issue till he now desires to be a vet doctor. This small venture has to some good extent relieved our financial challenges.
My first born daughter is currently in 9th grade desires to become a medical engineer. The eldest son in the 5th grade wish to become a pilot and his immediate brother in the 4th grade would wish to be a vet doctor. The last born son desires to be a computer engineer. They all have challenged me to work harder to facilitate them achieve their dreams.
Most of my refreshing moments are when am with my family at home, church and out visiting. Other precious moments are with the orphanage kids especially hiking up the hills and running around the home.

My Business

Am currently rearing chicken next to my rented house. This provides both meat and eggs both for sale and family consumption. Later on, am considering adding other types of birds like gees, turkey, ducks, pigeons and other kinds of domestic birds. I supply to individual consumers and several retail outlets.
The community around where I operate mostly buys both chicken meat and eggs from the butcheries and the stores respectively. This has given me an advantage because my products are both fresh and lower in prize in comparison with the butcheries and the stores thus attracting customers.
My choice of poultry keeping was initially as a result of the space available and the convenience of being next to my house. After further survey, I noted the demand for the products was high particularly because it’s a residential area and most the residents find it easier to buy from me. My other consideration was that it did not require a lot of capital to start. Am also glad that chicken rearing has given my family an easy access to sufficient and affordable protein diet.
Much of the costs are for buying chicken feed and lighting the chicken coop. This takes close to 30% of the total sales. Other expenses include medicines, packaging, and deliveries though they are short distances. At times I spend on repairs for the chicken coop.
The incomes from chicken rearing have helped me pay for my children’s school fees. I have four kids, of whom one is in high school and three in elementary school. All these have been in private schools which are quite expensive but offer more quality education than the public schools. I have also been using some of the proceeds to feed the family and also add a few more birds when the financial burdens are not very heavy on me.

Loan Proposal

With this loan, I will be able to expand my chicken coop and add to my livestock an extra 20 chicken. The chicken coop expansion will cost approximately 65 US dollars while mature hens that are almost to start laying or which have just started laying eggs costs 6 US dollars.

20 extra hens will add to my eggs production daily. This will lead to more supplies to my current customers and even leading to additional customers.

With 20 more eggs each day, I expect an extra weekly income of around 28 US dollars. I intend to focus more on loan repayments. With a weekly repayment of around 21 US dollars, I shall have an extra 7 US dollars for feeds and medication.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

May 21, 2015

Repayment status

On Time

Projected term

8 months

Lenders

M

marvin24

Giessen, Germany

investor

Candiac, Canada

torelizer

Reggio Emilia, Italy

cyrus0302

San Francisco, United States

L

lumlum

Renens, Switzerland

DeanDropshot

Oslo, Norway

EHTHighSchool

Egg Harbor Township, United States

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

MienDeGraeve

Ouagadougou, Burkina Faso

A

ashtanga99

Newport, United States

H

hwwijono

Jakarta, Indonesia

andreasol

Bielefeld, Germany

G

glomardor

Leonardtown, United States

Jouni

Finland

ads68

Melbourne, Australia

dhulsterwim

LIER, Belgium

fairspirit

Utrecht, Netherlands

A

AskTheFather

Honey Grove, United States

Zal0m0n

Atlantis!!!! x), Mauritania

E

E

Marin county, United States

Z

zvrk2014

Brookline, MA, United States

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

P

plhughes

United States

mepster

San Francisco, Ca, United States

S

SCHAC

Switzerland

C

cocolo

United States

A

adamdreaming

United States

A

andreab

United States

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Heiko

Haan, Germany

Roy

Espoo, Finland

anne

Cologne, Germany

KD

Kent Don

United States

EB

Erica Brescia

United States

Carla

Amsterdam, Netherlands

Corina King

Calgary, Canada

B

United Kingdom

Ask Mugendi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Mugendi    Jan 27, 2021

    Improved income

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  • Mugendi    Jan 27, 2021

    Dear Zidisha and partners,
    Greetings.
    Am glad to be back after a long period of dormancy. As indicated in my previous post, my economic and social life took some unpleasant twist. Am grateful that am picking up albeit slowly.
    I now undertake to focus on settling my long outstanding loan. I have initiated some small economic activities which are generally growing steadily.
    Am so grateful that I am part of the Zidisha family, an understanding and supportive family indeed.
    I sincerely apologize for my failure to keep up to my repayment schedule. Kindly be patient with me and I will be upto date within a few weeks.
    Thank you,
    Good day

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  • Matt B    Jan 23, 2019

    Sorry to hear about your son. Family comes first - we can wait until you are able to repay.

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    • Mugendi    Feb 5, 2019

      Thank you Bongo. I have managed to resume my weekly repayments. I hope to up the installment to clear soonest possible.

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  • Mugendi    Oct 19, 2018

    Dear Zidisha partners and lenders,
    Am sincerely sorry that I haven't been able to repay my loan as scheduled. My finances were totally disrupted due to some serious personal challenges. I promise to resume as soon as I get back on track. That should possibly be by mid November 2018. Thank you for your patience and consideration.

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    • Mugendi    Jan 23, 2019

      To Zidisha and partners,
      My sincere apologies that things don't always turn out as planned. I hoped to resume repayment by Nov'18 but wasn't able to make it. My son has been unwell for a long period of time which has costed me much for his medication. Nevertheless I should resume repayment later today. Thanks for your support, patience and prayers.

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  • James    Apr 2, 2018

    Mugendi told me that he is reorganizing himself and would get back soonest possible.

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  • Mugendi    Jan 14, 2017

    My revenues are currently low. I placed an order for more chicken and feed and I have not yet started earning from the investment.

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  • Mugendi    Jan 5, 2017

    Am extremely excited to have raised and received my loan last week. It was a true new year gift.
    I have placed orders for more chicken and feed. Am looking up to a great profitable year ahead.
    A big thank you to all my lenders. You are truly transforming lives for better.

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  • Mugendi    Dec 27, 2016

    Am so grateful for all of you my dear lenders for your commitment to facilitate my financial success.
    This loan will enable me to add more chicken and provide feed for higher productivity.
    I believe I will not have much challenge paying school fees for my children this year. I will also be able to support a few children at the orphanage where I am a volunteer.

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  • Mugendi    Dec 20, 2016

    Thanks for the funding so far. I trust there is more coming.

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  • Mugendi    Dec 16, 2016

    I appreciate the much raised so far towards my loan. Thanks everyone. I look forward to more others coming on board to help raise the full amount.
    Thanks.

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  • Mugendi    Dec 13, 2016

    Hi everyone,
    Am very grateful for those who have started contributing towards raising my loan application.
    I look forward to many more participating in helping me raise the full loan amount before the days run out.
    Thank you very much.

    Mugendi

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  • Mugendi    Dec 9, 2016

    Am grateful to all my lenders because your funding helped me to erect a fence that now helps to have my chicken safe. Out of the profits, I was also able to pay part of my children's school fees.

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  • Mugendi    Dec 8, 2016

    I appreciate Zidisha and all the financial partners. My loan enabled me to put up a better fence. My chicken are now secure and even more productive.
    Thank you.

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  • Mugendi    Dec 8, 2016

    I had supplied eggs on credit for a long time but now I have been paid all the money together. Therefore, I would wish to clear my current loan so that I can apply for more to increase my livestock.
    Thanks to Zidisha all my financiers.

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  • Mugendi    Dec 7, 2016

    To the Admin;
    Kindly advise if I will maintain my loan limit increment if I pay off my current loan balance of Kshs. 15,472 at once. I have so far paid Kshs 22,500.
    Thanks

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    • Matt B    Dec 7, 2016

      Hi. You won't necessarily get an answer to this from the discussion page. You should send an email to the team:
      [email protected]

      There are some strict rules around loan limit increments, so worth finding out before you make the payment.

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  • Mugendi    Dec 2, 2016

    Am sincerely grateful to all my financiers. I had a bit of a 'down moment' but I am grateful for your prayers and understanding. Besides the low egg production experience (which improved shortly after), one of my main customers had a serious personal setback that affected his ability to pay on time. This further affected my ability to pay my weekly instalments on time.
    But finally am grateful that he has been able to settle everything. I now wish to off-set my loan and apply a new one.
    I want to pledge my commitment to growing my business and to repaying all my loans within the scheduled time henceforth.
    It is unfortunate that my failure to pay on time may affect my opportunity to access a higher limit.... I hope 'the system' would consider my appeal.
    Thanks a lot everyone.

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  • Mugendi    Aug 4, 2016

    My revenues have dropped due to lower egg production

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  • Mugendi    Jul 25, 2016

    Hi Zidisha and my financiers.
    My sincere apologies for my delay in paying my weekly installments. I got a challenge with my farmhand which affected my incomes abruptly. Am work round the clock to stabilize and resume my repayments immediately. Am very sorry. Thanks for your understanding.

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    • Matt B    Jul 25, 2016

      Thank you for letting us know. i hope things return to normal soon. Perhaps you should consider reducing your instalments to make them more affordable?

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  • Mugendi    Jun 16, 2016

    To all my lenders, I will forever be grateful for your support. I applied this loan in confidence that someone out there will respond and indeed you did.
    As in my previous loans, I promise to work hard and smart enough both to develop myself financially and also repay the loan.
    Thank you all.

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  • Mugendi    Jun 15, 2016

    Thank you to all who have supported me this far. I look forward to raising the full amount. Regards

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