Zidisha |

Patrick

Ndumberi, Kenya

16% repaid

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How it Works

Entrepreneur

Name

Patrick

Member since

January 2014

On-time repayments

280 installments • 8%

About Me

Hi there, I am a passionate farmer with a dream of setting up a thriving agribusiness that will supplement his online freelancing business. I have since started rearing quails in Ndumberi in Kiambu County and hope to expand to other types of poultry. I hold a Bachelors degree in Biological Sciences, which I hope to apply to my business. I envision a situation in which my agribusiness will be able to grow, expand, and offer employment to numerous job-seeking youths in my county and country. I believe that Zidisha will help me form networks and actualize my dream.

My Business

The primary source of my agribusiness is personal savings. Quail farming is not capital intensive and as thus, the little savings I had was sufficient to launch the start up business. Lack of security hindered my ability to acquire loans from lending institutions that would have allowed me to start up in a wider scale. Quail farming is a highly profitable business and the products have a ready market in Kenya. I believe that this business has a potential of growing and becoming the kind of business that will not only supply the local market but also the export market.

Loan Proposal

Hi Lenders, I request that you loan me the amount requested so that I can increase my stock of quail eggs for incubation. I intend to invest the money by buying quail eggs which i will incubate and hatch the chicks using my incubator. I intend to rear the hatched chicks for 2 weeks and sell them off and use part of the income to repay the loan and re-invest part of the profit. I am well able to meet the weekly repayments from my business. Looking forward to your assistance. Thanks in advance