Invest in More Chicks for Chicken Farm

Miriam Kasiva

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Miriam Kasiva

Member since

January 2014

On-time repayments

66 installments  •  97%

About Me

My name is Miriam Kasiva ,am a mother of two sons,i live in Nairobi Kenya Komarock Estate Mkanju Court House no 11.I went to School in the rural home at school called Mukaa Secondary School in 1970 and went up to the 4th form.I then went to Nairobi to join Insurance college of East Africa and got a certificate in Marketing I worked for insurance company since 1995 -2004 after which i joined Network marketing. Have been in different network companies since.Have earned good money in sales and traveled different countries,currently am in Organo gold a business of selling coffee,and i intend to enlarge my business and get more Profits.I intend to sell my coffee all over East Africa.

My Business

My business is Organo gold.I am in coffee business,Coffee is the second sold commodity after oil in the world.Everyone takes coffee or tea for break fast.I intend to enlarge my business All over East Africa,and since the company has not get opened its doors in most of the Africa Countries i will use the money to sent the coffee to them as samples.Also i would like to help other people who can not afford to join the business to do so,because the joining fee is close to 22,000 kenya shillings.The profit magine is good,Wholesale per box of coffee is 1500 kenya shillings while retail goes sales for 3000 kenya shillings.

I have since expanded my business thanks to my lenders in zindisha,I have invested in chicken farming and i am seing great results.i started with only few chicks and now i have over 300 chicks.my dream with this new business is to became a supplier in most of the hotels around.I would request my renders and zindisha to kindly consider giving me a second loan so as to achieve my goal of 1000 chicks by september.

Loan Proposal

Due to high demand over the Christmas Holidays every family wanting to eat well over Christmas i would like to invest in more chicken so that i can make higher profits over the festival.Chicken is the thing in Kenya,every family must eat at least on Christmas and new year.If i get the money i would purchase like some chicks for 5 dollars each,feed them for six weeks to be fully grown up chicken then i would sell over Christmas for 17 dollar,I need to get like 20 more chicks so am appealing to my leader to consider leading me again so that i can top up that i have to purchase the chicks this week.Kindly my leaders consider me again.

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$56.91

Date disbursed

Nov 12, 2014

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Lender interest: $56.91 at 6.26% annual rate over 1 month = $0.45

Service fee: $0.27

Lenders

K

kristina19

United States

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