Chicken feed and chicken coop materials for poultry business

Earnest Makau

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Earnest Makau

Member since

December 2014

On-time repayments

146 installments  •  66%

About Me

i am a humble God fearing gentleman.i completed my secondary school education in the year 2009.later i joined KCA university in the year 2011 were i did my cpa part 1.
In the year 2012 i joined mill bakers ltd in the sales department.After working for a year in mill bakers i decided to quit job and resumed back to school. in September 2013 i got my current job in good testimony group of school.out of my small saving i have been able to start my poultry farming.i do incubate eggs where after hatching i sell to clients who are are readily available in the market

My Business

i started my business in July 2014.this was after broad consultation with business advisers and friends.with ksh 120000 i managed to buy an incubator which has a capacity of 528 eggs.At least par hatch i can produce 350 chicks which i sell in 2 weeks time at a cost of sh 200.so far the business i can say its progressing well

Loan Proposal

First of all i will use this loan to finish the chicken house which is almost complete.That is,roofing and plastering.This will cost me an average of 110 dollars.Also i will use part of the remaining amount to purchase food for the chicks for the first one month.I want to expand my business in such a way i have variety of chicks depending on age.This will see me meet the expansive demand in my region.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$198.74

Date disbursed

Feb 4, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Lender interest: $198.74 at 6.07% annual rate over 8 months = $8.25

Service fee: $5.08

Lenders

C

chkuo

Taipei, Taiwan

juliemartha

Lake Mary, United States

McJulio

New Jersey, United States

Ric

San Joaquin, Philippines

T

tracilee

Wellington, New Zealand

himynameismartin

Czech Republic

D

dsfranz

Gaeta, Italy

T

Tarik

Ludwigshafen, Germany

Dayton

Vancouver, Canada

Dean Cress

United States

B

Beth

United States

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