Kennedy

Kiptangwanyi, Kenya

14% repaid

Entrepreneur

Name

Kennedy

Member since

January 2013

On-time repayments

11 installments  •  0%

About Me

My full names are Kennedy Kirika Kirika, a resident of Kiptangwanyi shopping center, a distance of about 45kilometers from Nakuru town. I was born in a place called Lanet about 12kilometers from Nakuru. This is where I attended my primary school, then joined a local secondary school around Lanet. I joined college as a P1 teacher. In Kenya P1, teachers are entitled to teach primary school but it is difficult to secure a job in the government’s public schools. We relocated with my family to Kiptangwanyi where I taught several primary schools. With the money that I got from the business I was able to start my own business of poultry which is very profitable. This was after an opportunity I realized in this business in this area. The market was good when I started. I am married with three children and living with my family in plot number 393 at the shopping center of Kiptangwanyi.

My Business

My business entails rearing of poultry in my small piece of land. I started this business in the year 2004 with a very few number of chicks. As a start off, I started with 50 chicks. Due to some difficulties here and there, 10 of the chicks died and I was left with 40. These numbers did not do well but I gained experience on how to raise them. The first lot of this poultry gave me a profit of 100000ksh despite the challenges that I underwent. It is to this point that I realized that with more attention and care this business would do well. I increased the number to 200chicken and this to my shock gave me a good profit. This was my basis for starting and maintaining this business. I now have about 1000chicken of different sizes. They range from small chicks, medium to already mature chicken. I hope to improve the business and even to increase more of the number of chicken in my small plot.

Loan Proposal

I am grateful for this loan as I know that this will change my business positively. With this loan I will I will add more layers in the farm. My plan is to increase the number to 5000layers at one time. This will increase the revenues in my business. I would also like to use the loan to search for market in other towns where the price for eggs is slightly higher.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 9, 2013

Repayment status

Late

Projected term

12 months

Lenders

A

Anninymouse

Southampton, United Kingdom

AWOL

USA, United States

Sideburnjack

Conroe, TX, United States

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

aarongabrielson

Heber City, United States

Kjartan

Oslo, Norway

S

SMRosen

Hershey, United States

Scott Walker

Canmore, Canada

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

mewesten

Waynesboro, United States

P

Prysdahl

Marshall, United States

B

BlitheTrouper

Denver, United States

Ask Kennedy 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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  • Kjartan    Jan 16, 2014

    Hi Kennedy,

    Would you please give us an update on how your business is doing? Hope all is well!

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  • mewesten    Sep 28, 2013

    Hello kennedy kirika,
    I hope your business has recovered sufficiently that you can repay the lenders who gave you money in good faith of being repaid.
    Best wishes,
    Marvin

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    • hriday    Oct 30, 2013

      Dear Lenders,

      My name is Hriday Thakkar and I am one of the Country Liaison Interns for Kenya.

      I'd like to inform you that Kennedy reached out to us letting us know that he is excited about taking on a second project and he is working hard and is trying his best to make the repayments happen.

      He informed us that his first project took a soaring direction after the selected breed was not up to the standard product requiring him to face the market. He apologizes for the delay in repaying the loan and says he is working hard to recover and make this contributions a success.

      Lenders, thank you so much for your patience and support. Please feel free to contact us if you have any questions.

      Thank you,
      Day Thakkar

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  • roberta.zenere    Jul 8, 2013

    Dear Lenders,

    my name is Roberta Zenere and I am a Kenya Country Liaison Intern at Zidisha.

    Today I had a very nice conversation at the phone with Mr Kirika and he asked me to post this comment for you. He lives far from town, so he has not regular access to the Internet.

    Mr Kirika informed me that the sale of his farming products is still low: many businesses in Kenya are still paying the consequences of the economic downturn generated by the political elections that took place at the beginning of this year. He also says that is thinking about his loan everyday and he is still very committed on it. He plans to sent partial repayments, little by little, as soon as funds are available to him and he hopes to resume his normal payments soon.

    Lenders, if you have any questions, let us know!
    Mr Kirima, we wish you all the best with your business and we really hope that everything will soon improve!

    Best regards,

    Roberta
    Zidisha Team

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