Free-range poultry project

Fredrick Ochanda Otieno

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Fredrick Ochanda Otieno

Member since

April 2015

On-time repayments

106 installments  •  76%

About Me

I have six sisters and one brother. I have a college level of education and was formally employed until 2010 when I went into self employment. I became interested in free range chicken farming soon after and finally started a small poultry project which I want to move to the next level by not only increasing the number of chicken but also building a larger poultry house. After accomplishing the above two actions, I want to expand the project to include supply chicken feed to other poultry farmers. I have also bought a utility motor cycle to facilitate delivery of chicken orders to customers and other project running requirements

My Business

My poultry farming business currently has 480 chicken which depending on chicken orders from my customers can go up to 530 chicken. Next phase of development is to grow number of chicken I keep to 750 by the end of 2017. This business is of interest as demand for poultry products in the county where it is based is very encouraging. Initial start-up capital was US$160 which I raised from personal savings. My lenders through Zidisha have assisted me to develop the projects to where it has now reached. The income from this venture is good and will help me educate my children, cover other personal expenses and project running expenses. We have now established chicken sales outlets to which we supply poultry products , I will be able to handle the orders efficiently as we now have a delivery motor cycle which I purchased through the last loan I received through Zidisha Inc.

Loan Proposal

Poultry projected development has been supported with with two previous loan fundings from Zidisha and has grown to an extent that it has been able to support me financially and enable the project employ two full time employees. The demand for chicken from the farm has now outstripped our supply and would now wish to push our chicken quantity to 500 by end of the year. This requires further expansion of the chicken house and addition of more chicks. The project requires an additional US$650 of which we can raise US$300 from our on going project. We are seeking an additional US$350 funding to successfully move project to the next stage of growth.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$384.00

Date disbursed

Jun 16, 2016

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $15.80

Lenders

Scott

Oregon, United States

sarasofia

Stockholm, Sweden

johnandmoliehi

Canton, New York, United States

A

anonymous123

United States

G

graememoss

Amsterdam, Netherlands

SeeMeeFi

Ontario, Canada

S

SvenWaage

Stavanger, Norway

K

kingcamo1095

Mountain Home, United States

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

S

Samhall8

Brandon, Canada

B

bugdaniel

Switzerland

K

Keith

Luxembourg

Otto Barten

Amsterdam, Netherlands

Dave

Ede, Netherlands

T

twm3823

United States

D

djlayton4

United States

K

Kristiina

All Countries

JL

Joao Leal

United Kingdom

John R

Ponte Vedra Beach, United States

W

Wade

United States

PP

Pasi Paajanen

Helsinki, Finland

MR

Michiel Rauws

San Francisco, Netherlands

Framework Eyewear

Utrecht, Netherlands

OS

Omar Silas

United States

C

calvin

Australia

B

Brent

United States

Chris OConnor

Atlanta, United States

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

D

David

Chicago, United States

JA

Jonathan A.

United Kingdom

M

Mart

United Kingdom

KH

Kim Howard

United States

JW

John Walsh

Alicante, Spain

Robin Padberg

Pétion-Ville, Haiti

Sarah and Dave

Toronto, Canada, Czech Republic

Kavitha Amarnath

Sydney, Australia

Brad Schilling

Bunbury, Australia

G

Grace

Australia

Aran Dunlop

United States

J

joelneville

United States

wissam

Jeddah, Saudi Arabia

Kyle Holohan

United States

DL

Dan Lawrence

United States

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

Heidy

N J, United States

EB

Ellen Batten

Kalamazoo, Michigan, United States

Carlo Cruz

Cincinnati, OH, United States

AH

Alex Hodson

United States

Dan Michael

Oslo, Norway

Gabriel Fenili

Santo André, Brazil

L

LK

United States

Derek Haney

New Orleans, United States

Max B

Saint Louis, United States

S

stevensau

United States

ND

Neil Dykes

United Kingdom

M

Marianne

Netherlands

KE

Karen Epolito

Syracuse, NY, United States

DS

Dana Smith

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

M

Magnus

Switzerland

B

Boris

Bern, Switzerland

Carla

United States

SB

Sue Bucholz

Sacramento, United States

MB

Mark Blatter

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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