Increase stock by addding chicken and feed into mybusiness

Stephen Charo

Kaloleni, Kenya

22% repaid

Entrepreneur

Name

Stephen Charo

Member since

May 2013

On-time repayments

84 installments  •  35%

About Me

my names are stephen charo i live at kaloleni giriama. am father and a parents of six children two are boys and four are girls. in this six children only the last born she is the one whom she is still at school in secondary but the others are all grown up and they are looking after themselves.my education background is class seven of the Kenya old education system. with my earnings from my business i do buy things like food for my family and myself i also use the income to pay school fees. and do increase more chicks on my poultry

My Business

my business is of poultry here at kaloleni. i keep both chickens for meet and for eggs. this business it is very profitable because when the chickens are ready for sell then i do get more income than the buying price. it is also well on demand because due of the hotels and the local restaurant within here at kaloleni the are all buying or making their orders from me so it is on demand enough.my monthly running cost is Kenya shillings 20,000. and my monthly sales revenues is Kenya shillings 50,000. it is therefore giving me a monthly profit of Kenya shillings 30.000 per month.

Loan Proposal

I take this opportunity first to thank you zidisha so much for your first and second loan. So far I have managed to take my kids to school, up to now some have completed their o'level education just through the money I get from the business which you have also contributed to its success up to now. As I earlier stated my business is involved in chicken rearing whereby I buy chicks and grown up as well as their feeds.
The loan I am asking for I will increase my stock by purchasing 100 chicks costing 67 dollars and its feeds - starter 78 dollars and finisher 34 dollars and the remaining amount 26 dollars I will use them to purchase treatments like Vitamin and Vaccines. My success in this business has helped so much in educating my kids and it has been a good source of chicken meat to the community. this business has a profit because I buy a chick at less than a dollar but within a month I sell it more than 3 - 4 dollars.
thanks in advance yours faithfully
Stephen Charo.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$173.17

Date disbursed

Aug 11, 2015

Repayment status

Late

Projected term

14 months

Cost to entrepreneur

Service fee: $7.19

Lenders

D

Delph007

Den Haag, Netherlands

investor

Candiac, Canada

cyrus0302

San Francisco, United States

Johnny

shanghai, China

DeanDropshot

Oslo, Norway

J

JBosshardt

Redmond, United States

F

Fiodal

Helsinki, Finland

M

m_dennis

Toronto, Canada

T

traderjohn

Baltimore, United States

S

sirius

Lauterach, Austria

Zidisha

Sterling, United States

J

Johnrock702

Saint Augustine, United States

O

oasis

Boise, United States

J

JakeA

Wellington, New Zealand

P

PeaceandLove

Morro Bay, United States

C

cjmenchaca

Austin, United States

F

FCPLending

brooklyn, United States

Kysera

Crawfordsville, United States

B

blahblah

Nuernberg, Germany

TheWhiteCat

Surrey, United Kingdom

beverly

Vancouver, Canada

ProfStick

Grassy Head, Australia

indeh

London, United Kingdom

rasmus

Bern, Switzerland

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

basicus

Cairo, Egypt

Shakid

Jingan, China

fairspirit

Utrecht, Netherlands

A

Anette

Uppsala, Sweden

Muslim

Riyadh, Saudi Arabia

T

Travtroe

Lanesboro, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

JPadgett

Chandler, United States

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

Matthieu

Switzerland, France

H

harrymore

Townsville, Australia

E

E

Marin county, United States

H

Haavard

Bergen, Norway

E

elourenco

Porto, Portugal

M

mrjamesg

London, United Kingdom

G

GanSatya

United States

Matching Fund

Sterling, United States

M

microlender

United States

S

science4sail

United States

M

maverick

United States

H

hodor

Australia

TyWee

Manila, Philippines

A

AlexH

United Kingdom

dpollard

United States

S

stryker75

United States

GaloLending

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

JT

John Tabacchi

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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