Entrepreneur
Name
Gedion
Member since
July 2015
On-time repayments
285 installments • 93%
About Me
I was born in 1954 in Western Kenya that is now Kakamega County in Butere District .
I went to Primary School between 1969 to 1976 in Butere .
In Secondary School I went between 1979 to 1980 in Kisii .I am married to one wife with six children all of them are grown up ,they have graduated from the university and are taking care of themselves.
After High school a got a casual job with world vision kenya and I worked with them for 10 year.Their after out of my savings that I got during employment I used it to develop a business (poultry farming) with my wife.
My Business
As stated when I was giving my Biography, I and work with my wife in the poultry farm.We have also diversified and are now trying crop farming and animal rearing.
The Poultry farm has been in existence for over five years . We supply live chicken to the neighbors and also eggs . Due to consistency since we started we have a stable customer base.
The business is profitable because there is high demand for white meat and especially the local chicken which is what we are keeping and also the eggs which are preferred by most people.
The main challenges are diseases and feed which are very expensive especially when the birds are few in number.
My typical monthly cost of running the business is approximately US$300 while gross profit or income before these expenses is usually approximately US$480.
I have started diversifying my agribusiness to include goat keeping n half acre maize cropping to help feeding
I believe that the funding will come because if I get it now I will be able to buy many birds in readiness for the market.
We have from last year seen the need to diversify including in our business crop growing and a few animals which are doing well.
Loan Proposal
improving and increasing the existing and 10 local chicks to produce more eggs costing $100
Purchasing feeds and vaccines $ 80
Venturing in broilers $ 20, I will be most grateful if this application is approved because it will take me to next level.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$199.00
Date disbursed
Feb 15, 2016
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
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Summary
Amount repaid
$208.95
Amount remaining
$0.00
Date repaid
Nov 21, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2016 | $5.00 | Feb 22, 2016 | $5.00 |
| Feb 29, 2016 | $5.00 | Mar 1, 2016 | $5.00 |
| Mar 7, 2016 | $5.00 | Mar 7, 2016 | $5.00 |
| Mar 14, 2016 | $5.00 | Mar 15, 2016 | $5.00 |
| Mar 21, 2016 | $5.00 | Mar 22, 2016 | $5.00 |
| Mar 28, 2016 | $5.00 | Mar 22, 2016 | $5.00 |
| Apr 4, 2016 | $5.00 | Apr 5, 2016 | $5.00 |
| Apr 11, 2016 | $5.00 | Apr 12, 2016 | $5.00 |
| Apr 18, 2016 | $5.00 | Apr 18, 2016 | $5.00 |
| Apr 25, 2016 | $5.00 | Apr 26, 2016 | $5.00 |
| May 2, 2016 | $5.00 | May 2, 2016 | $5.00 |
| May 9, 2016 | $5.00 | May 2, 2016 | $3.00 |
| May 9, 2016 | $2.00 | ||
| May 16, 2016 | $5.00 | May 9, 2016 | $5.00 |
| May 23, 2016 | $5.00 | May 23, 2016 | $5.00 |
| May 30, 2016 | $5.00 | May 23, 2016 | $5.00 |
| Jun 6, 2016 | $5.00 | May 23, 2016 | $3.00 |
| Jun 7, 2016 | $2.00 | ||
| Jun 13, 2016 | $5.00 | Jun 7, 2016 | $5.00 |
| Jun 20, 2016 | $5.00 | Jun 7, 2016 | $3.00 |
| Jun 21, 2016 | $2.00 | ||
| Jun 27, 2016 | $5.00 | Jun 28, 2016 | $5.00 |
| Jul 4, 2016 | $5.00 | Jul 5, 2016 | $5.00 |
| Jul 11, 2016 | $5.00 | Jul 5, 2016 | $5.00 |
| Jul 18, 2016 | $5.00 | Jul 5, 2016 | $5.00 |
| Jul 25, 2016 | $5.00 | Jul 5, 2016 | $5.00 |
| Aug 1, 2016 | $5.00 | Jul 5, 2016 | $5.00 |
| Aug 8, 2016 | $5.00 | Aug 8, 2016 | $5.00 |
| Aug 15, 2016 | $5.00 | Aug 15, 2016 | $5.00 |
| Aug 22, 2016 | $5.00 | Aug 23, 2016 | $5.00 |
| Aug 29, 2016 | $5.00 | Aug 30, 2016 | $5.00 |
| Sep 5, 2016 | $5.00 | Sep 7, 2016 | $5.00 |
| Sep 12, 2016 | $5.00 | Sep 13, 2016 | $5.00 |
| Sep 19, 2016 | $5.00 | Sep 21, 2016 | $5.00 |
| Sep 26, 2016 | $5.00 | Oct 3, 2016 | $5.00 |
| Oct 3, 2016 | $5.00 | Oct 3, 2016 | $5.00 |
| Oct 10, 2016 | $5.00 | Oct 10, 2016 | $5.00 |
| Oct 17, 2016 | $5.00 | Oct 17, 2016 | $5.00 |
| Oct 24, 2016 | $5.00 | Oct 26, 2016 | $5.00 |
| Oct 31, 2016 | $5.00 | Oct 31, 2016 | $5.00 |
| Nov 7, 2016 | $5.00 | Oct 31, 2016 | $3.00 |
| Nov 8, 2016 | $2.00 | ||
| Nov 14, 2016 | $5.00 | Nov 8, 2016 | $5.00 |
| Nov 21, 2016 | $5.00 | Nov 8, 2016 | $2.75 |
| Nov 14, 2016 | $2.25 | ||
| Nov 28, 2016 | $5.00 | Nov 14, 2016 | $2.95 |
| Nov 21, 2016 | $2.05 | ||
| Dec 5, 2016 | $3.95 | Nov 21, 2016 | $3.95 |
Margaret Oct 12, 2017
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