Increase stock by addding chicken and feed into mybusiness

Stephen

Kaloleni, Kenya

22% repaid

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Entrepreneur

Name

Stephen

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

$174.00

Date disbursed

Aug 11, 2015

Repayment status

Late

Projected term

14 months

Other loans

Jun 2013:  $100

Nov 2013:  $201

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

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  • Mwania    Dec 21, 2015

    Stephen Charo is working very hard to make sure that he makes his loan repayment on time. I called Charo through his mobile phone and i learnt that in the previous days two of his children became sick and he used his savings to seek medical care. The situation made Charo delay in loan repayment and he is committed to resume on time repayment as soon as possible.

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  • Mwania    Nov 5, 2015

    Hi lenders
    i contacted charo and found that he is a reliable person commited to repayment of his loan on time. He has promised to clear pending instalments as soon as possible. Hope he will fullfill this

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  • Stephen    Aug 24, 2015

    I inform every one of my lenders that I received the amount in fully as I applied and I apologize for being late to send this response until It the time for payment. From the money I received I managed to purchase the chicks into my stock and vaccines for treatments. I have not taken any photo so far but as soon as I will take one I will post them here for you.
    For all that you are doing for me I thank you very much, may God bless you.
    Stephen Charo.

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  • Mwania    Aug 14, 2015

    Keep it up.
    Good work pays

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  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share

  • Stephen    Aug 10, 2015

    I will buy the chicks for my stock in my chicks business, and feeds together with vaccines. this kind of business is good to supplement the diet for my client around this place and is my source of income where I depend entirely for my daily living and educating my children. I again thank my lenders for your heart of contribution.
    May God bless you.

    Log in to reply • Share


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