Cecilia

Githurai Progressive, Lang'ata Phase 1, Kenya

61% repaid

Entrepreneur

Name

Cecilia

Member since

April 2013

On-time repayments

10 installments  •  20%

About Me

I am married and blessed with four children. I live in Githurai progressive and I have been selling second hand goods on the street of Nairobi hence the profit was not enough to support what my husband was earning to ensure good life for our children thus I decided to venture into poultry business so that we can have enough money to send our children to university when they complete their secondary education. The poultry business has been doing well hence I want now also to start the keeping the poultry for eggs. The loan will be used to purchase chicks and feeds.

My Business

I keep chicken for meat and the demand is high because very few people are involved in the business. I also have good relation with local hotels where I supply them with meat. Customers prefer my business because of good relation and good prices I offer. My business risk losing customers because it's not diversified because most of the clients also wants eggs from my business thus with the zidisha loan, I will be in position to meet the customers demand hence more profit.
Average monthly sales is Kshs 66000 and average costs are Kshs 50000 hence the profit is Kshs 16000. Through the zidisha loan, I will be in position to start keeping chicks for eggs hence increasing monthly profit.
I have already constructed the structure for the layers so what is remaining is to purchase chicks and the feeds thus kindly request Zidisha lenders to support me accomplish this project and I will ensure to repay my loan on time as agreed.

Loan Proposal

I want to expand my business by keeping more chicken hence more profit thus the loan will be used to expand my business through using Kshs 5000 to purchase chicks while the Kshs 3000 plus the other savings to purchase more chicken feeds thus expanding my business. I kindly request you to contribute towards my loan and I will ensure loan repayment is as stated and also will keep you posted on how business is progressing. Thanks

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$97.00

Date disbursed

May 4, 2013

Repayment status

Late

Projected term

10 months

Lenders

L

lenderfromquebec

Saint-raymond, Canada

C

Casdjb

Toronto, Canada

Ingela

Falun, Sweden

M

Molly

Houston, TX, United States

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