131 installments • 60%
My name is Simple Simon Macharia, an IT guy with great interest in agriculture. I am passionate about technology and agriculture. 12 years ago, I realised that my salary is not the way to financial independence and decided to venture into business. I started off with a small cyber cafe and computer repair business where i employed 2 people. A few years later, was able to venture into distributing internet service via wireless networks. I ran the business for around 7 years while still attending college but later sold the business to fund college and restrategise after the birth of my first son. I also got a full time job in a small telecommunications company but the desire to be in business still consumed me.I then decided to venture into farming with a focus on poultry keeping after realising the huge deficiency in supply of eggs and meat presented a business oportunity.
I have a full time job as a network engineer but my business is farming. I have a small farm in Embu, Kenya where I keep a few goats and cows, grow sunflower and raise chicken. I currently have 650 layers and looking to grow the number to 2000 by end of the year. In addition to the layers, i have about 35 goats and 4 cows under the care of 2 hired farmhands. Due to the huge demand for eggs, i buy eggs from other farmers to add to the 120 trays of eggs that we produce in a week. I currently sell 300 trays a week and the demand is still high so i still need to add more chicken.
Hello zidisha fam, I'm glad that I finally added 500 new chicks 2 weeks ago and if all goes well they will begin laying in June or July. This now brings my chicken flock to 650 birds and I believe I'm going to attain my target of 2000 birds by December. I rear them using the deep litter system which is more humane than battery cages. This loan is still intended to build up my credit rating so I can reach loans of 10000 dollars and above.
Apr 20, 2019
Cost to entrepreneur
Service fee: $1.23
Credit risk payment: $7.38