For expansion of rabbit-keeping project

Ronald Chepyegon

Eldama Ravine, Kenya

26% repaid

Entrepreneur

Name

Ronald Chepyegon

Member since

August 2015

On-time repayments

284 installments  •  8%

About Me

I was born in late 1970’s in Baringo County, Kenya, I grew up in a poor family and couldn’t further my education above the fourth form because my family couldn’t afford to pay for it. Although i always wanted to become an aeronautical Engineer, i never reached that dream. Instead i got a job as a security guard and worked at it for Three years before I got fired.
Before I ventured into Rabbit Farming, i had already tried greenhouse farming, fish farming, organic farming, but settled on Rabbits because they are the most lucrative domesticated animals in the world in terms of time, space utilization and profit margins. I learned everything about rabbit farming from the internet (by using Google) and finally started a small rabbit farm that i currently work on.

My Business

I learned everything about rabbit farming from the internet and finally started a small rabbit farm with just three rabbits. I currently have 28 Rabbits and have networked 4 rabbit farmers across the area who receive free training and support and in turn sell their mature rabbits to the clients I connect them with.
My major aim is to Partner with universities and local/international organisations to train more youths and women on rabbit farming as a means to alleviate poverty as well as to make Kenya a major player in the untapped global rabbit meat market.
I am looking forward to expand the business and start breeding. But that’s not all. With support from lenders, i plan to export rabbit sausages to the other counties and countries where the demand for healthy meats (like rabbits) is growing.

Loan Proposal

To add more rabbits in my farm and create marketing strategy both online and offline.
Each lot of rabbits we sell online are sent outside Baringo county. For a capital of 14,000.00 Ksh, i will be able to purchase 4 does and 1 buck i which i will interbreed them producing approximately 25 - 30 kits. selling them when two weeks old for approximately 1,000.00 Kshs each will fetch me a profit of not less than 14,000.00 Ksh. i will use the profit to enlarge the farm for my focus is to lead nationwide in breeding and rearing rabbits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.28

Date disbursed

Sep 10, 2015

Repayment status

Late

Projected term

66 months

Cost to entrepreneur

Service fee: $6.20

Ronald opted to pay $58.13 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

A

andyfletcher

I want my "My loans" page back, Qatar

rodcul

Altea, Spain

D

Divergent

Bethesda, United States

IA

Ismini and Jerry

Stamford, USA, United States

P

Person70

Siberia, Russia

D

ddandipu

Calgary, Canada

C

CarolD

Hendersonville, United States

B

Brian

Washington, DC, United States

W

Walter1

Bergneustadt, Germany

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

M

Mjt019

Eden Prairie, United States

James

Paris, France

C

CJAnderson

Sydney, Australia

H

HomesteadSchool

Glen Spey, United States

Sheena47

Ottawa, Canada

Lauren

Altamonte Springs, United States

U

UTLonghorn

Lincoln, United States

colochef

Montevideo, Uruguay

J

jasonandvachi

Renton, United States

ashleeandjeanelle

Auckland, New Zealand

J

jasontoheal

Geraldton, Australia

M

MACH1351CJ

HOMMELVIK, Norway

1staidgirl

Surrey, Canada

B

Britams

Amsterdam, Netherlands

claire.mcleland

Springfield, United States

P

Phoint

Zurich, Switzerland

Peter Marozzi

Kaohsiung, Taiwan

N

Navigator

Alavus, Finland

S

Somniferum

Ontario, Canada

numbat

Perth, Australia

larsandanika

Langen, Germany

K

Krish

Dubai, United Arab Emirates

RebeccaW

Houten, Netherlands

A

asmoris

Toronto, Canada

TraciV17

Indianapolis, United States

F

fredrikahl

Stockholm, Sweden

T

TedEBear

Sparks, United States

W

WenShiDi

mobile, China

S

Sclodfelter

Los Angeles, United States

F

Fritzimax

Pacific City, United States

Bill2073

Florida, United States

O

ommthree

Egg, Switzerland

kivadoris

Vancouver, Washington, United States

DVM1417

Seaford, United States

J

jocke

Stockholm, United States

J

johanwinnubst

Amsterdam, Netherlands

paulclinton

malaga, Spain

L

LongTallSallymander

Menomonee Falls, United States

D

DavidM

Cambridge, United Kingdom

J

Justicar007

Longueuil, Canada

H

hokyplyr

Lincoln, United States

A

AndrewC

London, United Kingdom

I

idakaren

bonlez, Belgium

3

381inc

Beverly HIlls, United States

P

Paleomagick

Eldred, United States

C

Carlos

Barcelona, Spain

S

Sreval

Manly, Australia

FriendinOregon

Hillsboro, Oregon, United States

C

Clivoss

Sarajevo, Yugoslavia

Sappetta

Bolzano, Italy

P

Pavane

Kungsbacka, Sweden

L

lewisfamily

Bicester, United Kingdom

W

wilma95

napa, United States

V

VegaMansk

Woerden, Netherlands

Inspire

Calgary, Canada

D

danibm

Mannheim, Germany

E

Ekevu

Zürich, Switzerland

N

NickLuder

London, United Kingdom

A

Alaska

Roscommon, United States

W

WidoStar

Bad Karlshafen, Germany

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