Jane Kagachu

Bahati, Kenya

100% repaid

Entrepreneur

Name

Jane Kagachu

Member since

October 2012

On-time repayments

37 installments  •  57%

About Me

Am a member of P.C.E.A Church, married with three children two school undergoing one in class 2 the other nursery the older one is in college. I trade in poultry keeping(broilers) with currently 200 birds planning to increase the number if found favor at your firm. The business does help me to assist my husband with home chores

My Business

The business has now run for almost 10 years and am used to the challenges and which has seen me now able to to face any challenge/need that may arise regarding the business. The cost of one chick goes for 75 currently, a bag of one bag of broiler starter costs 3000 a bag of 50kgs while in consumption 200 chicks feeds on 3 bags of 50 kgs attracting a cost 9000 on a week. Medical attention of 500 on a week, warmth of a charcoal which i buy at a cost of 3000 as it is used only during when they are young 3 weeks of age .
the transportation costs 500,labor an employee of 150 a day, broiler finisher feeds on 2 bags a day meeting a cost of 6000.On the sixth week when they are ready for market the 200 broilers birds attracts a total of 62300.on chicks 15000-200 birds, medical for 1500-3 weeks, charcoal 3000-3 weeks,labor-6300-6 weeks, broiler starter-9000-3weeks,broiler finisher 27000-3weeks,transport 500 while bringing .on buying they comes for them. Am intending to increase the number as many hotels are coming up in our Nakuru town.

Loan Proposal

i will use the amount given to increase my hens so as to cope with the highly competitive market.this will enable me purchase their feeds at a cheaper price and thus higher profits. i will also improve their buildings to reduce the risk of diseases.i will use the amount given to increase my hens so as to cope with the highly competitive market.this will enable me purchase their feeds at a cheaper price and thus higher profits. i will also improve their buildings to reduce the risk of diseases.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$497.99

Date disbursed

Nov 15, 2012

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Lender interest: $497.99 at 8.96% annual rate over 14 months = $53.42

Service fee: $20.80

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

investor

Candiac, Canada

S

SueB1

Los Alamos, United States

B

Bpryse

Long beach, United States

Silver

Steiermark, Austria

russell

leicester, United Kingdom

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