Help me achieve my dream of being a poultry farmer
Moses
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Moses
Member since
January 2014
On-time repayments
232 installments • 13%
About Me
my name is Moses Orengo.I am the first borne in a family of two siblings and raised by a single mother.i graduated with a bachelors degree in commerce on october of 2013.I am a business man and at the moment am working with an international multi-level beverage company called organo gold.i decided to do business because there are no enough job opportunities in kenya.the unemployment rate in this country is about 44%.i also wanted to be my own boss and create my own wealth though my businesses.Organo gold launched in kenya in November 2013.I already have 3 direct down lines on my team and the network is growing at a good speed.I want to use the money to expand my organization by upgrading my membership with the company so that I can earn interests at 15% instead of 10% as well as enjoy other benefits related with an upgrade.
My Business
organo gold is an international company that launched in kenya 2 months ago and its growth is explosive.it has been in existence globally for 5 years and within those years it has been able to create over 40 documented millionaires and thousands of 6 figure earners.the highest earner in direct sales comes from this company.refer to http://www.businessforhome.org/2013/10/top-100-worldwide-earners-in-mlm-october-2013/
kenya is the first African country to do this business. this means that their is still a very big market to capture and more downlines to bring into the business.This small loan couuld actually make a difference and change my life as i will enjoy a wide variety of benefits after i upgrade from a bronze pack to a silver pack that i had started the business with.a bronze pack costs 22,000 kenya shillings.this comes with 8 boxes of coffee, tea and drinking chocolate.A silver pack on the other hand comes 28 boxes of the same product and costs 53,000 kenya shillings.an upgrade means i will pay the difference between the two packages and i will get the difference in boxes.selling each box will give me more than enough money to pay up the loan.this is because i already have a customer base that i created using my first 8 boxes.i like this type of business because i get to work from home and the products involved are consumed daily by every household.the products are also healthy and are made using an ingredient called garnodama herb which helps sort out a number of problems in the body.the business is profitable because it has a very unique payment plan that can make someone make millions in a few years.there are seven different ways of making money through this business.but assuming i sell the products,each will retail at 3000 kenya shillings.the upgrade will grant me 20 boxes.if i sell just 10 boxes i will have more than enough to repay the loan.if i will not have sold the boxes i will still make money through the other 6 remaining income streams and i will be able to pay the loan
Loan Proposal
first and foremost, i would like to thank zidisha for the first loan they gave me. i was able to upgrade myself in the organo gold business therefore, making money to an extent that i was able to start another business venture. I have started a poultry farm. My poultry farm consists of 100 indigenous or free-range chicken. I hope to be a big supplier of chicken meat and eggs in the near future. when they are grown, one can go for as much as 15-20 USD and not forgetting the eggs which the market price of a tray of eggs is 7 USD. On a monthly basis i can estimate my profit to come to about 248 USD. If my application is successful, i hope to buy more chicks like another 100 and expand their shelter and other supplies. This will be a great help and i estimate that with your help, i can make 4300 USD a month. Therefore, i appeal to all zidisha lenders to help me in realizing my dream of being a successful Poultry Farmer.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Jul 21, 2014
Repayment status
On Time
Projected term
5 months
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