Eunice
Kitengela, Kenya
100% repaid
Name
Eunice
Member since
January 2014
On-time repayments
385 installments • 35%
I will my second loan to increase the number of broilers I keep from current 100 chicken to 300. I am a university graduate very passionate in online and agri-business. I am a full time academic writer with over 3 years working experience and a holder of Bachelors degree in Microbiology. Agri-business is my passion. I keep poultry specifically indigenous chicken and recently ventured into broiler keeping. Currently I have 75 indigenous chicken and 100 broilers. I also sell day old chicks and used the income from the sale of day old chicks and eggs to buy my first 100 broilers. They are at week 4, will be selling them next week at week 5 at approximately $5 each. I approximate by week 5 each broiler chicken will have spend $2.5-2.8, hence will make a profit of $2.3-2.5. My first zidisha loan I used to buy an incubator.
I will be able to repay loan from the income I get from my agri-business (sale of eggs, day old chicks and broilers). An indigenous chicken egg costs $0.25. Currently I collect 25 eggs per day, in next 1month more indigenous hen will start laying. I also sell day old chicks which I incubate using the incubator I bought with my first loan.I will be selling my first 100 broilers at the end of week 5. Currently they are 4 weeks, 2 days old. In addition, I am an online academic and research writer. I am paid twice a month by the company I work for. I also have direct customers who pay me immediately I complete working on their academic papers. To maximize on profits from my poultry business I have employed a worker to be monitoring them and ensure their productivity is to the maximum
Poultry farming is one of the fastest growing agri-business. There is high demand by new farmers for day old chicks especially indigenous and Kenbro breeds. Since I started chicken farming I have been allowing the mother hens to incubate their eggs. However, my customer base has increased and as a result need to increase the number of chicks hatched. It is due to this I started raising cash to buy an egg incubator. This loan will help me top up the amount I have o far raised to buy a medium size incubator.
Positive
2
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 3, 2014
Repayment status
On Time
Projected term
6 months
Other loans
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Amount repaid
$157.59
Amount remaining
$0.00
Date repaid
Aug 15, 2014
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 13, 2014 | $10.99 | Feb 11, 2014 | $10.99 |
Feb 20, 2014 | $10.99 | Feb 11, 2014 | $0.19 |
Feb 19, 2014 | $10.80 | ||
Feb 27, 2014 | $10.99 | Feb 19, 2014 | $0.14 |
Feb 27, 2014 | $10.85 | ||
Mar 6, 2014 | $10.99 | Feb 27, 2014 | $0.33 |
Mar 10, 2014 | $10.66 | ||
Mar 14, 2014 | $1.09 | Mar 10, 2014 | $1.09 |
Mar 21, 2014 | $1.09 | Mar 10, 2014 | $0.01 |
Mar 19, 2014 | $1.08 | ||
Mar 28, 2014 | $1.09 | Mar 19, 2014 | $1.09 |
Apr 4, 2014 | $1.09 | Mar 19, 2014 | $1.09 |
Apr 11, 2014 | $1.09 | Mar 19, 2014 | $1.09 |
Apr 18, 2014 | $1.09 | Mar 19, 2014 | $1.09 |
Apr 25, 2014 | $1.09 | Mar 19, 2014 | $0.31 |
Apr 25, 2014 | $0.79 | ||
May 2, 2014 | $1.09 | Apr 25, 2014 | $1.09 |
May 9, 2014 | $1.09 | Apr 25, 2014 | $0.47 |
May 22, 2014 | $0.62 | ||
May 16, 2014 | $1.09 | May 22, 2014 | $1.09 |
May 23, 2014 | $1.09 | May 22, 2014 | $1.09 |
May 30, 2014 | $1.09 | May 22, 2014 | $0.72 |
Jun 4, 2014 | $0.38 | ||
Jun 6, 2014 | $1.09 | Jun 4, 2014 | $1.09 |
Jun 13, 2014 | $1.09 | Jun 4, 2014 | $0.53 |
Jun 23, 2014 | $0.56 | ||
Jun 20, 2014 | $1.09 | Jun 23, 2014 | $1.09 |
Jun 27, 2014 | $1.09 | Jun 23, 2014 | $1.09 |
Jul 4, 2014 | $1.09 | Jun 23, 2014 | $1.09 |
Jul 11, 2014 | $0.85 | Jun 23, 2014 | $0.85 |
Jul 18, 2014 | $11.76 | Jun 23, 2014 | $0.01 |
Jul 16, 2014 | $11.75 | ||
Jul 25, 2014 | $11.76 | Jul 16, 2014 | $0.01 |
Jul 24, 2014 | $11.75 | ||
Aug 1, 2014 | $37.65 | Jul 24, 2014 | $0.01 |
Aug 1, 2014 | $14.35 | ||
Aug 1, 2014 | $23.28 | ||
Aug 8, 2014 | $0.24 | Aug 1, 2014 | $0.24 |
Aug 15, 2014 | $32.76 | Aug 1, 2014 | $0.01 |
Aug 7, 2014 | $1.18 | ||
Aug 13, 2014 | $31.58 |
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