"food to feed the county"

Lawrence

Kaloleni, Kenya

100% repaid

Entrepreneur

Name

Lawrence

Member since

May 2014

On-time repayments

151 installments  •  28%

About Me

Am the first born male from a family of four siblings,am single and i came from a nuclear family.we are Christians.
we live in the upcountry in the coast of kenya a village called bondora.
i just finished my university education know am waiting for my graduation.
i am an entrepreneur dealing with rearing of chickens.
i started this business with the aim of been my own boss and be able to support my family and self to.
i studied for my o-levels in nairobi after which i was admitted to pwani university in kilifi.
from my earnings i purchase tools for expansion and pay bills which i receive from the work.also am able to solve my financial problems.
among my hobbies i love traveling and reading motivational books.
i love socializing with my friends when am free to be able to expand my knowledge about life.
one thing l came to know about life is that with patience and perseverance one is able to be successful.

My Business

My business is a small scale business,am a poultry farmer who keeps broilers.i started this business because i realized there is a gap(niche) from the society.
My potential customers are from the factory near by called (athi river mining).
my customers prefer my products because i maintain cleanliness and my chickens are kept in a clean place and the services i offer them are in a favorable price.
i got high demand since there are small hotels which are coming up and they need chicken for their customers and also with the huge population from the company,i have to expand the business so as to satisfy the growing market.
the business is very profitable in that the sale of one chicken gives you a double return compared with how you bought that chicken while it was a chick.
the risk my business faces are from diseases which the chickens get and the ever hiking food cost from the market.
my monthly cost adds up to 30,000 from buying food and treating the chicks,2000 for paying my workers,2000 monthly water and electricity bills.
sales revenue adds up to 44000 hence a profit of 10,000.

Loan Proposal

With the loan which i would be given,I will be able to expand my business,
By expanding I mean that l will buy new firm products e.g the chicken feeders (5) which each cost US dollars 8.97=US dollars 44.85.With the buying of more chichen feeders cans I will be able to reduce congestion among the chicks while they feed.
With the rest of the cash i will buy more chicks,i came to this conclusion because my market is increasing hence i need more stocks.This will approximately be US dollars 56.10.,
the remaining amount i will be able cover other miscellious expenses like buying the chicks thier feeds and be able to pay my workers.
I would request the lenders to support my purchases because this are the major handles i have been facing in my quest for expanding my small business to something big.

the benefits which the loan would later bring are very numerous since with the growing popul;ation in the county and the upcoming enterprises i will have a wide market base and i will be able to satisfy the demands.

your assistance will be highly appreciated.

thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$139.00

Date disbursed

Jul 2, 2014

Repayment status

On Time

Projected term

6 months

Lenders

T

ToddK

Indianapolis, IN, USA, United States

Z

Zarnigar

Boston, United States

KM

British Columbia, Canada, Canada

J

JoeSolar

Virginia, United States

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

T

Toonvn

Netherlands

Ask Lawrence a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Lawrence    Aug 6, 2022

    Thanks alot members... Through the finance. Am going to buy animal feeds, add more chicks. Am really greatful.

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  • Lawrence    Oct 7, 2018

    With the previous loan funds,i was able to begin my business by adding more food and chicks. the purchase made a difference since i was able to gain a big volume of produce. The sales has enabled me expand my business and with that am able to meet my family and personal needs .
    With the new finances i would like to be able to add more stock which will enable me grow well and be well established.

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  • Lawrence    May 3, 2017

    Attached is part of the project.

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  • Lawrence    May 3, 2017

    Hi ,
    With the loan which I was given ,I am pleased to announce that my business has had a major boost.
    I was able to expand by adding new stock of chicks and buying food to cater for thier daily meals.
    There has been a lot of setbacks which made me delay in paying the loan in time.
    Some of the setbacks were brought about by climate change,fluctuations in market prices,diseases and infections which affected the chicks,and people who I had supplied for ,some delayed to pay while some even never payed their depth.
    All in all ,my earnings have increased and I have been able to meet the needs I wanted so hard to achieve.

    Through the increased earnings I have tried so hard to add more stock and market my business far.
    With the necessary assistance and boast,I am planning to incorporate more activities in my poultry farming by including other animals.
    I am committed and trying so hard to finish the loan so that I can be able to be awarded another loan n chance to expound my business and became even bigger and better.
    Regards and thanks again.

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  • Lawrence    Apr 26, 2017

    Business at the moment isn't favourable.

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  • Lawrence    Apr 5, 2017

    Business is well.

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  • Lawrence    Jan 25, 2017

    The business was abit slow but now is stable.

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  • Lawrence    Oct 24, 2016

    So far the loan has helped me a lot.
    I managed to expand the business and I have a positive contribution to the society since I have managed to employ to people.

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  • Lawrence    Sep 13, 2016

    The business has been low due to external factors like the government regulations.

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  • Lawrence    May 23, 2016

    The business is picking up.

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  • Lawrence    May 21, 2016

    The production rate is very slow because of lack of supplies and the available supply is too expensive.

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  • Lawrence    May 19, 2016

    Good evening zidisha team,
    I am writing to inform you about the delay in my payments,
    In the past few weeks I have been through some personal delicate issues, hence I was not able to pay the loan in time, but tomorrow I will be able to pay in full.
    What am asking, if I repay the loan, will I be able to apply for another one?
    Thanks in advance.
    Regards

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  • Lawrence    Mar 25, 2015

    at the moment,my business is going slow due to climatic changes which has led to change of customers preferences and also the chickens were last week infected by a disease which led to some of them dieing,
    as for know am trying to develop other strategies n try over come this calamity i am in.
    please bare with me.

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  • Lawrence    Jan 15, 2015

    hi,
    First i would like to pass my appreciations and thanksgiving for the immense help you gave me,I managed to make a big difference n make a change in my business.
    I was able to expand and employee a few staff hence creating a job for the society.
    Even though i delayed in some points to pay the loan,I was trying to expand the business in which I faced a financial stalemate n there for I had to clear my loan first then I apply for the next loan.
    The loan has really helped me,am able to fulfill my personal needs and also the business operational cost.
    I really would be happy and advantaged if you would please give me another boast.

    yours sincellary

    lawrence mbaru

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  • Samuel    Dec 19, 2014

    I phoned Lawrence today at 9.33am . He says he used the loan to pay the balance for land acquistion.
    He is still looking for repayment money. He has promised to send in something by 22nd of this month.

    VM Shehi.

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  • Samuel    Nov 7, 2014

    I phoned Lawrence today at 12.20pm . He says he forgot to make repayments. He has promised to repay by tomorrow.

    VM Shehi.

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  • Lawrence    Aug 6, 2014

    i apologize for my delay in updating you about my progress with the business.

    first i would like to pass my appreciation for considering my application and later on funding me so as to boast my business.

    i am grateful and i appreciate your assistance,

    when i get chance and get connected to the internet i will be able to update you frequently.
    am situated in a immobile area where the internet is hard to get.
    thanks to the loan,i have managed to expand my business,from 150 chicks i have added 120 chicks up to 270 chicks.

    have been able to expand the structure to accommodate the chicks population then later on bought new animal feeds for the chicks.
    i have been able to meet my family needs and also my boy needs.

    thanks to the loan,i have been able to quench the population ever growing needs.

    i am trying as much as i can to finish the loan and be able to qualify for the next category.

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    • KM    Sep 2, 2014

      Hello Lawrence,
      Thank-you for your update. And thank-you for getting ahead of schedule with your repayments.
      I'm glad that you have been able to increase the number of chicks that you are raising.
      I hope that they continue to be healthy, and grow fast and strong so that they will get you a good price!
      Do you carry insurance on your chickens in case disease comes suddenly?
      I wish you and your family good health.

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