Expansion of my poultry farming

Simon

Naivasha, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Simon

Member since

March 2014

On-time repayments

94 installments • 40%

About Me

My names are Simon Wanjohi Nai, a Kenyan by birth, aged 32 years old and married with two children . I started my school in the year 1989 and studied till college level and finished in the year 2005 where I got a Certificate in Procurement at Nairobi Polytechnic, after my studies I got a promising job at Sher Karuturi farm in Naivasha- South Lake road where I was posted as the farm procurement officer, I gained a lot of field and farm skills and after a period of time, the farm faced financial problems and it was later sold to new mangers and they started violating workers rights, and I quitted and started my farming business which is promising today in the Kenyan market ....

My Business

I decided to start my own farm business after working as procurement officer, I was able to raise enough capital to start a business of selling poultry and green house farming.. I started green house farming and I have been in this business for a period of two years, before starting poultry. I would say that my business is doing well and through it am able to feed and cater for my family and pay my two employees for all of their basic goods and services. In a month I make a profit of Ksh 50,000 that is before paying wages and after deducting salary am left with about ksh 30,000 a month.

Loan Proposal

Am very greatfuf to you zidisha. My first loan with you have made a very big impact in my business.It helped me buy some chicks that are now growing to big chicken i was also able to buy some eggs for selling.This have helped my business grow by 10 percent increase..i will use my second loan to purchase more 20 mature chicken costing 8dollars each, 100 chicks costing 1 dollar each ,i will use the rest for the upkeep of my poultry in my farm.This will help my business again grow with a big margin than the previous one,i will also be able to atleast meet the demand of eggs in town because its still getting high.Thank you zidisha as you look forward to fund me.