Livestock farming (chickens) & crop farming

Albert Malande Ashema

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Albert Malande Ashema

Member since

September 2015

On-time repayments

61 installments  •  33%

About Me

I was born in Vihiga and brought up In Nairobi . I attended school at st Peters Clavers pry school and then proceeded to Thika Technical School where l completed my o levels. My parents were very poor and life was very hard getting school fees and food was a challenge. I worked very hard to better my life and started farming business venture. I got a small loan from a friend which helped me to start the farming business.There are no big farms in our région because of the dense populatio. l have three children and each wants to pursue different goals In life; doctor, soldier and the other wants to join me in farming. He like being in the farm all the time checking on the progress of my crops and animals.

My Business

I sell eggs, chicken, milk and vegetables. These are basic commodities used by all house holds. I like farming I spent approximately Kshs. 40,000/- and earn approximately. 80,000/- per month. From the sale I use the profit to pay school fees and improve my farm.

The chicken business is profitable because there is a high demand for white meat especially on the local chicken which we keep and also their eggs are preferred by most people.

The main challenges are diseases and feed which is very expensive. I believe that if I succeed to get the loan from Zidisha I will be able to buy many chicks in readiness for the market. At the moment I intend to buy 10 chicks and add to recent stock, as the business grows I will be able to also create employment.

Following is my proposal for the loan:
1 chick = Kshs. 70/= per chick.
10 chick =Kshs. 70 x 10 chicks = Kshs. 700/=

FEED
SARTER MASH = 2 bags.
1 bag = Kshs. 2,000/= per bag
2 bags = Kshs 2,000 x 2 = Kshs. 4,000/=

FINISHER = 3 BAGS
1 bag = Kshs. 2,500/= per bag
3 bags = Kshs. 2,500/= x 3 = Kshs. 7,500/=
Drugs = Kshs. 2,000/=
Miscellaneous = Kshs. 2,000/=

TOTAL: Kshs. 16,200/=

Loan Proposal

I still intend to add my stock, and also do finishing to what had remained in purchasing e.g -:
FINISHER = 3 BAGS
1 bag = Kshs. 2,500/= per bag
3 bags = Kshs. 2,500/= x 3 = Kshs. 7,500/=
Drugs = Kshs. 2,000/=
Miscellaneous = Kshs. 2,000/=

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$202.00

Date disbursed

Apr 22, 2016

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $8.75

Lenders

Dipsius

London, United Kingdom

A

andyfletcher

I want my "My loans" page back, Qatar

quozl

Dublin, Ireland

IM

Isak Maaseide

Tromso, Norway, Norway

PG

Paul Graham

United States

N

Nick

Greater London, United Kingdom

John Minges

United States

Thomas

Sweden, Sweden

BS

Brandon S

United States

Nick

Manchester, United Kingdom

MC

Mark Cowburn

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Seppo Ruohonen

Vantaa, Finland

Humble Bundle Community

San Francisco, United States

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