Livestock farming (chickens) & crop farming
Albert
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Albert
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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Apr 22, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
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United States
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Summary
Amount repaid
$212.10
Amount remaining
$0.00
Date repaid
Nov 4, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 30, 2016 | $10.09 | May 2, 2016 | $10.09 |
| May 7, 2016 | $10.09 | May 10, 2016 | $10.09 |
| May 14, 2016 | $10.09 | May 24, 2016 | $10.09 |
| May 21, 2016 | $10.09 | Jun 7, 2016 | $10.09 |
| May 28, 2016 | $10.09 | Jun 7, 2016 | $10.09 |
| Jun 4, 2016 | $10.09 | Jun 7, 2016 | $0.30 |
| Aug 3, 2016 | $9.79 | ||
| Jun 11, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jun 18, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jun 25, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jul 2, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jul 9, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jul 16, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jul 23, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Jul 30, 2016 | $10.09 | Aug 3, 2016 | $10.09 |
| Aug 6, 2016 | $10.09 | Aug 3, 2016 | $0.55 |
| Sep 4, 2016 | $9.53 | ||
| Aug 13, 2016 | $10.09 | Sep 4, 2016 | $10.09 |
| Aug 20, 2016 | $10.09 | Sep 4, 2016 | $0.79 |
| Sep 28, 2016 | $9.30 | ||
| Aug 27, 2016 | $10.09 | Sep 28, 2016 | $10.09 |
| Sep 3, 2016 | $10.09 | Sep 28, 2016 | $10.09 |
| Sep 10, 2016 | $10.09 | Sep 28, 2016 | $0.79 |
| Nov 4, 2016 | $9.30 | ||
| Sep 17, 2016 | $10.09 | Nov 4, 2016 | $10.09 |
| Sep 24, 2016 | $0.25 | Nov 4, 2016 | $0.25 |
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