Zidisha |

Josephine

Nakuru, Kenya

100% repaid

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How it Works

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

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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

Mar 2012: $919

Lenders

Delph007

Den Haag, Netherlands

Taipei, Taiwan

United States

Falun, Sweden

zurich, Switzerland

Heber City, United States

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Josephine Feb 28, 2013

Hello, my friends.
Thanks for trusting me and therefore funding my loan. I will now settle down to bussines imediately and will keep you updated on my progress
Best regards to all.

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Josephine Feb 28, 2013

Hello, my friends.
Thanks for trusting me and therefore funding my loan. I will now settle down to bussines imediately and will keep you updated on my progress
Best regards to all.

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N
nkalina Feb 22, 2013

Congratulations on being funded. I hope the additional business is as profitable as you envisioned.

Best wishes to you Josephine. It takes a lot to make our dreams come true. I know. I am a life coach and help clients all the time. Good for you for not letting little setbacks stop you from reaching your dream. Better yet for not stopping once you reached your dream. There are always new dreams. Keep going! I believe in you!

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Eliduc Feb 11, 2013

Dear Josephine,
considering your last repayment you probably wanted to pay your loan completely. But although your loan is marked as 100% paid, you still have to pay 0,25 USD (Your loan was 1006 USD, you have paid 1005,75 USD). Then your loan will be completed and you will be able to apply for another loan.
All the best!

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- Josephine Feb 16, 2013
  
  Hello, Eliduc,
  On 15th Feb 2013, I paid the 0.25 USD which translates to Ksh. 21.25 at the current exchange rate of Ksh. 85 per USD. Pliz confirm and update my loan status.
  Regards.
  
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  - Eliduc Feb 16, 2013
    
    Dear Josephine, I am very sorry for my mistake - it was 0.80 USD. Now I can see the amount due is 1,006,55 and you have paid 1,005.75. Those 0.25 have not been probably processed yet. If you have already paid it, 0.55 will be missing.
    
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dcembrola Dec 12, 2012

December 12, 2012

Hello, my name is Dan Cembrola, one of Zidisha’s Kenya Client Relationship Managers. I am currently visiting Zidisha borrowers in Nakuru and its outskirts.

Today I met with Josephine in Kahuo, a small village 25 kilometers north of Nakuru. Kahuo is a small agricultural village and is also Josephine's birthplace. She now lives in Nakuru where she is a primary school teacher, teaching English, Swahili, and mathematics. However, she still is very interested in business and maintains a poultry business in Kahuo.

Josephine used to raise a breed of chickens that are locally referred to as "broilers." She found that it was too costly to maintain them and purchase the type of feeds they require. To rectify this problem, she decided to use a portion of her loan from Zidisha to invest in 150 chickens that are of a breed that is indigenous to Kenya.

From the 150 chickens, Josephine was able to get around two trays of eggs per day. There are thirty eggs per tray, this is the method in which eggs are sold in the local markets here. Josephine sells each tray for 450 Kenyan Schillings. An income of 900 schillings today is very good in this region of Kenya, especially considering that Josephine is also employed as a teacher.

Unfortunately, Josephine suffered a setback when nearly two thirds of her chickens died due to Newcastle disease. This is an all too common problem among poultry farms in Kenya. Josephine was able to replace the chickens she had lost and has had the new chicks vaccinated against Newcastle disease. Her business is now once again operating at its previous strength. She also occasionally sells her chickens to local butchers where she makes 800 schillings per rooster and 600 schillings per hen.

In addition to purchasing chickens with her loan, Josephine also purchased four sheep. Once each sheep has given birth to a lamb, she will sell each adult sheep for a profit of 1,500 schillings per sheep. She will then raise the lambs until they older enough to give birth, and repeat the process.

Finally, Josephine also maintains a one acre farm where she grows maize. This is also where her chicken and sheep are located. She employs one local farmhand to take care of the day to day maintenance. With her next loan, Josephine plans to invest in the expansion of her poultry and sheep business as well as her farm.

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KyRoamer May 3, 2012

Congratulations on being funded. I hope the additional business is as profitable as you envisioned.

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SallyElephant Apr 25, 2012

Hi Josephine. Good luck with the expansion of your business. Sally (from Australia)

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- Josephine Apr 29, 2012
  
  thank you sally, but iam still waiting to reasive the money
  
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