Increase in poultry farm

Irene Bakhita

Embakassi, Kenya

100% repaid

Entrepreneur

Name

Irene Bakhita

Member since

January 2016

On-time repayments

122 installments  •  78%

About Me

My name is Irene Bakhita and I am 27 year old lady and I am self-employed. I was raised by a single parent, my mother, since my father passed on when my siblings and I were still young. Since then, my mother has raised us up.

I have been able to complete both of my primary and secondary education, despite the hardships my mother went through to raise our school fees. During this time of my schooling, my siblings and I would sell groundnuts on the streets so as to be able to raise some money for both our school fees and also for our basic needs. This has been able to build our stability and tactics on how to survive.

I got interested in breeding pure German shepherds puppies which has been a very profitable and good business. The only problem is now being able to expand my breeding stock and maintaining the required standards for breeding and feeding of healthy pure German shepherd dogs. Up to date, this has been my business, but now I am planning on venturing into local chicken farming, since the demand for chicken meat is also on the rise. Due to this, I have already built a good structure for the chickens.

In our land, the culture is that you have to hustle in order to put food on the table. Apart from this type of culture, we also have our tribalistic cultures which may be very cruel, especially to girls. For instance, when I was young, I was not allowed to go to school. Back then, it is only the boys who were supposed to go to school, whereas girls remained at home to do the manual work.

Currently, I do not have any children, but am planning on getting children and raising them to be better members of the society. I am a person who has good hobbies, they are: recreational activities, mentoring children, playing sports, watching educational programmes (especially on farming tips), and making friends.

My Business

In my current business, I breed pure German shepherd puppies which are sold at a very good profit. One puppy goes for between 15000/= to 25000/=.

I shall produce local chickens at 1000/= for cocks and 800/= for hens. A tray of eggs costs 360/= and one month chicks at a cost of 200/=. These goods are in demand since they provide food in many peoples homes.

I chose rearing of dogs and chickens since I have the passion and they also generate income for the upkeep of the project and for my family. At my local farm, we only incur the cost of feeds and are able to get profit which I save for future investments, especially in my farm.

Loan Proposal

Hallo to all of my lenders, it is an honour to be part of this organization.
I intend to get the 30000/- loan equivalent to USD 300
USD 150 is meant to 150 layers chicks
USD 30 is to buy the vaccines
USD 120 will be used to buy 3 bags of chick mash at usd 75 and usd to buy 2 bags of growers mash.
Other expenses will be funded by the current project that is active.

Benefit
After a period of six months, the eggs produced will be supplied to the current available market.
I shall be able to produce 5 trays of eggs
A tray of eggs costs USD 3, hence the income shall be USD 15 a day.
The expence a day costs USD 8 and a profit of USD 7

Profit on a monthly basis shall be USD 210.

Show original English  

About Me

My name is Irene Bakhita and I am 27 year old lady and I am unemployed. I was raised by a single parent, My mother, since my father passed on when my siblings and I were still young. Since then, my mother hast raised us up.
I have been able to complete both of my primary and secondary education, despite the hardships my mother went through to raise our school fee.
During this time of my schooling, my siblings and I would sale groundnuts on the streets so as to be able to raise some money for both our school fee and also for our basic needs. This has been able to build our stability and tactics on how to survive.
I got interested in breeding pure German shepherds puppies which has been a a very profitable and good business. The only problem is now being able to expand my breeding stock and maintaining the required standards for breeding and feeding of healthy pure German shepherd dogs.Up to date, this has been my business, but now I am planning of venturing into local chicken farming, since the demand for chicken meat is also on the rise.. Due to this, I have already built a good structure for the chicken.
In our land, the culture is that you have to hustle in order to put food on the table. Apart from this type of culture, we also have our tribalistic cultures which may be very cruel to especially girls. For instance, when I was young, I was not allowed to go to school, back then, it is only the boys who are supposed to go to school, where as girls remain at home to do the manual work.
Currently, I have two children, who are still very young and i intend to raise them to be better members of the society.
I am a person who has good hobbies, the are as; recreational activities, mentoring children, playing sports, watching educational programmes especially on farming tips and making friends.

My Business

In my current business, I breed pure German shepherd puppies which are sold at a very good profit. One puppy goes for between 15000/= to 25000/=.

Currently I rear local chicken where the income from their sales are as follows: at 1000/= for cocks and 800/= for hens, A tray of eggs costs 360/= and one month chicks at a cost of 200/=.
These goods are in demand since they provide food in many peoples homes.

I chose rearing of dogs and chicken since I have the passion and they also generate income for the upkeep of the project and for my family.
At my local farm, we only incur the cost of feeds and are able to get profit which I save for future investments especially in my farm.

Loan Proposal

Hallo to all of my lenders, it is an honour to be part of this organization.
I intend to get the 30000/- loan equivalent to USD 300
USD 150 is meant to 150 layers chicks
USD 30 is to buy the vaccines
USD 120 will be used to buy 3 bags of chick mash at usd 75 and usd to buy 2 bags of growers mash.
Other expenses will be funded by the current project that is active.

Benefit
After a period of six months, the eggs produced will be supplied to the current available market.
I shall be able to produce 5 trays of eggs
A tray of eggs costs USD 3, hence the income shall be USD 15 a day.
The expence a day costs USD 8 and a profit of USD 7

Profit on a monthly basis shall be USD 210.

Feedback

3

None

None

  • Peter Waldie    Mar 19, 2018

    Great communication, and timely repayments. I will certainly lend to Irene again, and encourage other lenders to do the same.

    Log in to reply • Share
  • JimVandegriff    Mar 19, 2018

    Again, an excellent and timely repayment of this loan. I would not hesitate to lend money again.

    Log in to reply • Share
  • JimVandegriff    Nov 4, 2017

    Very good repayment schedule on this loan.

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$297.10

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $12.49

Credit risk payment: $24.98

Lenders

JimVandegriff

Trinidad, California, United States

Richard

Shrewsbury, United Kingdom

BS

Brandon S

United States

Dan Brinkman

Lynden, WA, United States

Ren

Minneapolis/StPaul, United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

BE

Bob Ewing

United States

Melissa K

Portland, Oregon, United States

JH

Joseph Hwang

Houston, United States

Paul Buchheit

Mountain View, United States

JM

June Macleod

United Kingdom

A

Anonymous

United States

CN

Craig Newmark

United States

Carrie

Arlington, MA, United States

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

Loading...

Loading...

Loading...