I will use 3000/= to get more birds for my stock i will use 2400/= buy feed for my birds for the hole month i will buy...

Elvis

Busia, Kenya

100% repaid

Entrepreneur

Name

Elvis

Member since

January 2014

On-time repayments

46 installments  •  70%

About Me

Am Elvis kanani.born and raised in Funyula sub- county was born on 2/11/1990.

I went to st .Mathias busia boy day and boarding secondary school;where i did my O levels in 2005.2008.

I worked with the forest ministry as a casual worket foe the year 2009 for six months from February to august. From thei I worked with the spring printer s for 1 year since November of 2009 .currently am at customs busia as a cyber attendant with sunfects infortec at the opakasi plaza Busia next to hotel ITOYA
My intention which m business I intend to start my own cyber café come 2015 since I have a certificate in IT and I have been more conversant with computer services.

I have two computers so far in preparation for the cyber from my poultry and my job will help me attain my goal of self empowerment the y business

My Business

IAm a potential businessman have a poultry farm .

In my poultry farm ,I selling eggs and broiler chicken apart from the above am a cyber attendant at the customs where I get my income to cater for my farm am humbled by the type of job at customs because I am among the young man and ladies

My poultry farm has 400 birds 100 cock and 163 hens and 137 chicks. In a day they feed feeds of ksh.300/= they mainly feed on chick feed that I get from agrovets which go for 2000/= per bag .for every hutching period I get 600 chick .i vaccinate the for 12,000/=: 20/= per chick .
After a period of three months I manage to get 500 bird to which I sell then to the market at Busia ‘soko ya mawe ’ .some I supply to Mombasa and marvel hotel here in Busia town .i transport my bird to town in baskets on boda boda .the transport I use1000/= for a week .to renovate my poultry house for a every month 1 use 2500.am looking forward to expand it by getting o bigger house for my birds and getting the best feeding mechanism for the birds .

Loan Proposal

I’m much thankful to lenders for these first loan you are willing to give me it will really help me to be able to achieve certain sales point i want.
i will use 2400/= buy feed for my birds for the hole month. these will give me time to arrange for the medication for the chicks i will buy buy a bicycle for 5000/= which i will use to transport my stock to destination.-
i will use 2400/= buy feed for my birds for the hole month. these will give me time to arrange for the medication for the chicks i will buy buy a bicycle for 5000/= which i will use to transport my stock to destination.
I am planning to expand my business by selling eggs to egg deport which will give me 100% profit that means i will be able to pay my loan on time and swift. i.e. one eggs I will sell them at 9/= which the will be of great profit since I used to sell them at 6/- to shops. since my business is not taxable and i will not use any transport i shall use my profit in paying my loan back..

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 23, 2014

Repayment status

On Time

Projected term

3 months

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  • Dorine    Jan 8, 2015

    I have been taking to him though Facebook Elvis and i asked him about the loan and he say he will pay these month.these was our conversation
    me: u r in arears
    elvis :yaa naanza kulipa this month bila kukosa ( yah i will start paying these month without fail.)

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    • calvero    Jan 14, 2015

      Thanks for keeping us updated, Dorine. I hope Elvis and his business are doing well.

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  • Dorine    Dec 31, 2014

    I have been with Elvis Kanani personally and i have talked to him at length he has been out of his job and his business has been down and he is at the moment rearing the young chicks which will be ready for the market after one month he and he is planning to stat paying the loan January after he reschedule his loan. he send his apology.

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    • calvero    Jan 2, 2015

      Thank you for the update, Dorine. Hopefully Elvis' business will pick up in the new year. We look forward to his repayments shortly!

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      • Dorine    Jan 8, 2015

        i have talked to him and h say the business he has stated and he is sudden it will pick up since his customers are asking for the the chicks

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  • Elvis    Nov 3, 2014

    I am very sorry for not making payment so far,i lost everthing through theft.Some unknwn thieves broke into my shopt and stole everything and i was left with nothing to count on and i have not been able to operate my business.I am now trying to start the business again and i am not been able because i do not have the stock.Kindly give me sometimes before i could start making payment again.

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  • Dorine    Oct 9, 2014

    Dear all,
    I am in the process of mediating Elvis and know why no payment are made.I will let you know next week.

    Thank you

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    • calvero    Oct 20, 2014

      Thanks for the update, Dorine. Did you get any information from Elvis?

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  • Hedwich    Jul 31, 2014

    Hi Elvis,
    Thanks for your timely repayments!
    Keep up the good work!
    Hedwich

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