Entrepreneur

About Me

Am Archsel Ghelomba Mwanake, a male aged 26yrs. I’m a Kenyan by citizen, Single and I live in pipeline, Nairobi. Am employed as accounts assistant.
Am pursuing accounts and am in CPA 2.apart from my employment i am ensuring that my business runs smoothly as at home apart my mum who is a business lady i also do have my sister who ensures to be keeping me daily reports before i go over the weekend to see how my business is doing.
I decided to venture into a business because I need extra income to finance my education.
I use the earnings from my business to purchase more chickens because I do poultry keeping.

My Business

My business is poultry keeping and its located in Taita, Coast province. I supply both eggs and chicken’s meat to hotels. There’s a very high demand because hotels are many and few people do the business. My customers do prefer my business because I deliver the goods to their premises, sometimes my customers may be fixed and they don’t have money to pay for the goods delivered, I give them on credit and pay for the goods after selling. My business is profitable because it’s a kind of monopoly and so I determine the price. Challenges are like; transporting the goods, some customers delay to pay for goods supplied whenever given on credit, maintenance cost.
Monthly cost are; buying feeds, labour cost, transportation cost.
I get sales revenue of approximately Kshs. 60,000.00 in a month and after deducting all expenses I get a profit of kshs. 30,000.00
I’m employed and my job can help me to repay the loan

Loan Proposal

First I would like to thank Zidisha staff for the oppertunity they have offered me and the least period they took to respond to my loan application.
The loan will be used to increase the stock of buying more hens which will really boost the production of eggs as the demand has become very high.
These will also lead to the increased income to enable me pay my loan in time.
Thank you and God bless you all!

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