Mary Kihara

Bahati, Kenya

100% repaid

Entrepreneur

Name

Mary Kihara

Member since

August 2010

On-time repayments

83 installments  •  14%

About Me

My name is Mary Kihara .I am a married lady and a former Secretary of Maombi Girls secondary school where I retired to concentrate on my business. I live at Bahati near Nakuru town

My Business

I deal with Chickens (Broilers). I brood groups of 200 birds at a time. Each Chick costs Ksh 64.50 totaling to Ksh 12,900 per group of 200 birds. I brood them using charcoal and use a Kerosene lamp for lighting their house. Each sack of charcoal costs Ksh 800. I spend Ksh 1600 for the two bags of charcoal that I require per group. The kerosene cost Ksh 65 per litre and so I require Ksh 650 for the ten litres required. For them to be healthy, I have to give them Vaccine against diseases every week up to the fourth week. Costing Ksh 1200. They need to be fed well to gain the required weight at the right time of six weeks. I use Ksh 42,000 to feed them and other expenses such as to by the dressings to keep their house dry and comfortable. I sell them at Ksh 350.00 per chick making a profit of about Ksh10, 000.

I would like to expand my business so that it can be able to cater for our family needs and create employment for my many siblings who depend on me and also my old parents are peasant farmers.

Loan Proposal

i do chiken business that is chicken for meat,currently iam keeping 200-400 which ihave to waite for them to muture completly before bring in some more that means i have to waite long to get my profit.if i get the loan i will be able to bring some more batches in between which will enable me earn profit quickly this will enable me to pay loan comfortably and also create some employement.i hope i would receive the loan during this festive season so that i can take the advantage of selling the chickens because people consume alot of chickens during the public holidays.this will earn me some profit.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$778.95

Date disbursed

Nov 18, 2010

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $778.95 at 2.83% annual rate over 12 months = $22.04

Service fee: $25.55

Lenders

Julia Kurnia

Sterling, Virginia, United States

rebecca

Chapin SC, United States

Lauren Rosenbaum

Washington, DC, United States

JB

James Broderick

Cobham, United Kingdom

C

cooperowl

Austin, Texas, United States

neffe

Berlin, Germany

Trackside

Canton, United States

N

neuber

Leipzig, Germany

fiego

Mannheim, Germany

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