Stephen
Karunga, Kenya
$0 to go
100% funded of $150 goal
0
days left
Entrepreneur
Name
Stephen
Member since
October 2013
On-time repayments
165 installments • 1%
About Me
I am 21 years of age, a student, a teacher proffesionally and an efficient businessman. I did my O level in the year 2009, which i qualified to join University of Kabianga to pursue a degree in bachelor of Education Science. Am a third year student and currently off-session till march, 2014. I implemented my agricultural knowledge to begin as a small scale farmer, this made me request a piece of land from my beloved parents to do my farming. Idearly i kicked off with a small number of birds. I rear hens(birds) at my home. I am single, a kenyan citizen by birth and from a middle family economically. I have four siblings and i help my parents to cater for our and their needs. I am a christian and a believer. I currently work as a techer at Murungaru Secondary School.
My Business
I have a Poultry business which i started late last year. I currently own a total of about eighty Chicken of which twenty of them are layers. The twenty layers lay approximately twenty eggs a day. This earns me a daily profit of ten shillings per egg, which amounts to two hundred kenyan shillings per day. Its a net monthly salary of about five thousands kenyan shillings. I normally invest this amount to the business in order to grow it. This amount is usually not enough to cater and help me overcome all the risks and uncertainities, at times, there are several risks that may occure, like disease outbreaks which are not curable like newcastle disease. This brings a great loss to the business and in order to overcome, i am forced to vaccinate my birds and add more birds to try and avoid this risks. other shortcomings are storage and transportations. I do short distances supply but via a very poor transport system, i would like to purchase materials like trays which will enable proper storage and transportation. I supply to two institutions and one market shop which altogether consumes more than my supply. If my poultry farming can be increased, i'll be able to supply enough to my customers and inquire for more orders.
Loan Proposal
I wish to show my gratitude to zidisha community and my previous lenders. due to the loan you lend me, i was able to overcome one of the challenges i face. i purchased enough feederes for my birds. This helps in maintaining poultry in that they are fed on clean feeds and water daily. I request this loan from lenders so that i finally overcome the major challenges i face. I will use the amount in extending my pen and structure. i will ensure spacious room for the birds, easy to clean and collect eggs. I will then subdivide this structure and build a pen for my fourty chicks which are one week old. please help me fight this problem.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jan 23, 2014
Repayment status
Late
Projected term
38 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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