Farm improvement

Rebecca Nyangena

Kisii, Kenya, Kenya

100% repaid

Entrepreneur

Name

Rebecca Nyangena

Location

Kisii, Kenya, Kenya

On-time repayments

93 weekly installments  •  81%

About Me

Am Rebecca moraa nyangena, born in 1971 to family of 7. growing up we had a difficult childhood, at times we had to drop out of school due to limited funds to support all of us, my father used to work then but had to retire early due to illness but we eventually lost him. we were left with our mother who struggled a lot but she managed to help us finish our 0 levels. after that it was upto us to make our future. being the only girl in the family things were not easy, it was hard to find someone to hire me for any kind of job, but luck has it is i got a job in one of the local coffee factory, i was inexperienced and i had not idea what i was doing but due to determination en hard work eventually i learned how to operate the machineries in the factory. i worked there for four years, i kept saving my earning coz i had a dream that i wanted to fulfil. after saving enough i was able to join kisii institute where i studied accounts. i finished college after 3 years and was lucky to land my first job which i did for 3 year, after 2 years in my job i got married and was blessed with a son, due motherhood demands i was forced to quit working and i became a stay home mum, a few years later i was blessed with another son but then my marriage collapsed and i got divorced, being a single parent wasn't easy, by then my elder son was in high school and i had no job so i had to find a way to be there for my children and support them, thats when i started my chicken business and it has really seen me far, and above all God has been by my side through it all.

My Business

i started my business over 5 years ago. i basically deal with all kind of chicken, i have layer chicken for eggs and broilers for meat. i chose this business because its in my comfort zone and it requires minimum labour and so far it has worked for me. i have 200 layers chicken and i collect at least 120 eggs a day , an egg goes for kes 8, these gives me at least kes 25000 a month, i use 6500 to buy feeds and vaccinations for the chicken, use part of it to pay for my bills and pay for my sons' fee. i make sure i save a minimum of kes 5000 a month for the rainy day, i have like 50 broilers which i sell after every 3 months, after i sell em i use part of the sale to acquire a new set, use part of the money to buys their feeds and vaccinations and save the balance, 1 broiler chicken goes for kes 400 so i make kes 20000 after selling the 50, i'll then buy for 50 younger ones which i'll take care of for another 3 months. they cost kes 100 per chicken, that converts to kes 5000, vaccinations and feeds for the 3 months will cost me 8500, and i make a profit of kes 6500 which i add to my savings.

Loan Proposal

I would like to apply for a loan of kes 68500, I intend to use this loan to improve my poultry farm.
I will use kes 23000 to rebuild a bigger poultry house, this will enable me increase the capacity of chickens I can have.
I will use ked 20000 to Buy a back up generator, this will help me solve electricity blackout, since I now use the incubator to. Produce chicks its important to have power at all times.
The remaining kes 25000 I will use it to stock feeds, having enough feeds will. Ensure I run my poultry farm smoothly.
Thanks in advance and I hope you consider my application.

Income Source

Currently I offer delivery services to homes this helps me sell eggs and also meet orders of customers who can't pick by themselves, my business has not been affected that much and I believe I will be able to repay the loan.

Feedback

2

None

None

  • Dean Suminski    May 18, 2017

    Congratulations on paying off your loan! Keep those chickens coming. Yum yum.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$675.64

Date disbursed

Apr 10, 2020

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $60.74

Credit risk payment: $30.37

Lenders

Daniel

Brussels, Belgium

C

Christian

Saarbruecken, Germany

S

snowcrystal86

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investor

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Elinor

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P

Philippe

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BrassHat

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AltruisticSelfishnes

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Charmonica

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S

soren

Göteborg, Sweden

F

Forba

Mo i Rana, Norway

M

m_dennis

Toronto, Canada

artnking

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MarktheMormon

Sandy, Utah, United States

P

Puffnstuff

Auckland, New Zealand

L

ldron7

Utah, United States

Martin

Manama, Bahrain

R

rcmssr

Woodbury, United States

A

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T

Tallago3

Munich, Germany

johnandmoliehi

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Kysera

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mheloin

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HE

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Glasgow, United Kingdom

C

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tasos

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C

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Gammalkil, Sweden

ElWal

Kirn, Germany

DLarson

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SeeMeeFi

Ontario, Canada

H

HildeK

Rogaland, Norway

Erica

Caledon, Canada

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

J

jzidi

Los Angeles, United States

B

bugsheep

Houston, United States

M

mkfiddler

Santa Barbara, United States

S

SvenWaage

Stavanger, Norway

pentatonicscale

Niiza-shi, Japan

juliemartha

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B

BClay

Campbell, United States

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

RandyPetersen1

Colorado Springs, United States

R

ramlax

Kalamazoo, United States

P

Peksa

Espoo, Finland

M

mkellerman

Shanghai, China

J

JayZKay

New York, United States

Maxey

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8

8chrono8

London, United Kingdom

fairspirit

Utrecht, Netherlands

S

SheilaB

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JTShorty

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BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

F

fredrikahl

Stockholm, Sweden

Hedwich

Gorssel, Netherlands

A

AndrewC

London, United Kingdom

Generaal

Antwerp, Belgium

A

anagnan

BRUXELLES, Belgium

P

Pavane

Kungsbacka, Sweden

D

Dutch_lender

Leiderdorp, Netherlands

S

seikatsu

Palo Alto, CA, United States

ibc123

Seattle, United States

xtrahardware

Cazenovia, United States

S

susurruses

Oakland, United States

barthez

Hamm, Germany

fransk

Culemborg, Netherlands

mikeice

Kohler, United States

Evan Lamos

Brussels, Belgium

S

scottpz

branford, United States

D

Dianatalk

Netherlands

sderickson

Berkeley, CA, United States

pvilliger

Zurich, Switzerland

C

ccraig

United States

P

plhughes

United States

Pankratio

EastVan, Canada

JA

Jorge Alagon

Munich, Germany

T

thenwhen

United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

A

angelapeat01

United States

J

JimiK

Australia

W

wesbh89

United States

Grant Xavier Storer

Seattle, Wa, United States

J

jdelaporte

United States

S

sarahb

United States

P

prince85

United States

Pascal Coyles

Ghent, Belgium

K

KiraDee

United States

N

Nicolaas

Doha, Qatar

E

Ejackson

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

S

Sven

Netherlands

Matthias

Frankfurt Am Main, Germany

T

TZ

Singapore, Singapore

E

Erich

Zurich, Switzerland

Dave Bogard

New York, United States

Karijn

Amsterdam, Netherlands

TM

Theo Mbise

Switzerland

Franmiguel

Perth, Australia

SMOICE

Berlin, Germany

PC

Patrick Clavette

Hartford, Wisconsin, United States

PP

Pasi Paajanen

Helsinki, Finland

BS

Bart Sturm

Amsterdam, Brazil

Kate Courteau

United States

Lou Kaucic

Sanbornton, NH, United States

Richard

Shrewsbury, United Kingdom

R

Ryan

United States

E

erica

antwerpen, Belgium

CN

Cyprien Noel

United States

T

thedan33

Czech Republic

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

KD

Kent Don

United States

Jennifer Weber

Canandaigua, Ny, United States

AF

Alysn Ford

United States

MG

Meron Gribetz

United States

C

cota

United States

JD

Jeff DePree

United States

John Prendiville

Portland, United States

ME

Manaal Eisa

Washington DC, United States

WE

Wendy Emlyn

Devon, United Kingdom

Cristina Huesch

Canberra, Australia, Australia

PT

Paul T

Amsterdam, Netherlands

TH

tom hd

United Kingdom

MR

Michiel Rauws

San Francisco, Netherlands

Carla

Amsterdam, Netherlands

Andri K

Baden, Switzerland, Switzerland

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

F

Frits

Rotterdam, Netherlands

B

Berni

Germany

Nick Studenski

Minneapolis, United States

David Hopkins

United States

DK

Daniel Kalla

Saint Paul, United States

A

Anonymous

United Kingdom

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