Josephine

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Josephine

Member since

March 2012

On-time repayments

20 installments  •  55%

About Me

My name is Josephine Wanjiku Mutswenje. I am married lady with two children, who are all in school.
I come from Karunga Centre, in the outcast of Nakuru town zon the Nakuru/Nyahururu road you reach a centre called Maili Saba you branch on your right, you take a rough road go past St. John Secondary School then to Karunga Centre. From karunga you go to a place called Kahuho next to St. Francis Primary School ask for Muswenje’s home.

My Business

I keep broilers about 300 at one time then after selling I buy some. recently I am selling them at 600 per piece so 300x 600 =180000 they mature after six to seven weeks. So after every seven weeks I bring a new batch. They give me a profit of about 25000. the annual income 2500000 per year. I also keep zero grazing cows which produce milk 60 liters per day which I sell at 30 per liters = 54000per month so annually it is about 500000 so the total annual income is about 800000. I use the money to pay school fees for my children and also help my parents.

Loan Proposal

I want to expand my Chicken rearing business by diversification in rearing and selling 2 weeks old Chicks of the similar indigenious breed of ckicken.
I am capable of hatching 100 chicks at ago from my current stock of chicken and selling them imediately when 2 weeks old.This business venjure would be more viable and profitable in comparison to what i have been doing, that requires to waiting for the chicks to attain maturity for them to be sold for meat, a process that takes a considerable period particularly for indiginious bread of chicken like the ones i have.
This time round, i intend to purchase a small scale Chicken Feed Milling Machine to help me boost my profit margin and cut down on my current expenditure on feeds.
I also intend to use the loan on completing the expansion on the chicken Hatch that is currently under way in readness for new chicks.

Feedback

10

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$767.00

Date disbursed

Feb 25, 2013

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

D

Delph007

Den Haag, Netherlands

C

chkuo

Taipei, Taiwan

A

Anonymous2

United States

Sundstroms

Falun, Sweden

P

pignolet

zurich, Switzerland

D

djschin

Heber City, United States

Ask Josephine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...