Name
Michael
Member since
November 2016
On-time repayments
15 installments • 20%
My name is Michael Keya, I was born in Nairobi Kenya back in 1987 i hold a bachelors degree in business management accounting from Moi university, Am also a husband and a father to two loving boys. I came to start my business back in 2014, after two years of tarmacking, unemployment is rampant in this country i decided to venture into agribusiness. The village i come from people love eating chicken alot, that was what informed me to start a poultry farm
on my free time i love spending time with my family and reading motivational books
I started poultry farming informed by the high demand of chicken delicacy in kenya, In my farm i keep chickens for both meat and eggs purpose, currently i have a flock of about 200 chickens
My typical cost in running my poultry farm is the the cost of feeds and disease and management control. Revenue usually comes from selling eggs and mature birds, i plough back the profit earned hoping that one day i will own a flock of 5000 BIRDS
my chickens have reached the laying period this is usually after about 5 months , at this period chickens usually require a special type of meal called layers mash , I intend to purchase this since it has calcium that will help my chickens with the laying process . a bag of 10 kg will cost me around $5 , this bag of feed will ensure my chickens have food for a couple of days, iincrease in laying capacity means my business grows because apart from selling eggs , i intend to hatch them and grow my flock
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Dec 20, 2016
Repayment status
On Time
Projected term
5 weeks
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