Expand this turkey farm in order to serve strong demand

Gerald Wanyama

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Gerald Wanyama

Member since

March 2015

On-time repayments

225 installments  •  16%

About Me

Am Gerald Wanyama.male aged 26.i started my primary school in 1994 at Marobo primary and completed in the year 2003.i joined Bungoma boys high school in 2004 and completed in 2007.In 2009 i joined moi university main campus and graduated in 2013 with 2nd upper in animal health which was my dream course .
Having been born in a middle level income family,there was a challenge in raising my school fees right from secondary school education.this forced me to start keeping Turkeys and layers chicken which have supported me up to university education and even to date.i also established a tree nursery which have really proved to have a lot of market in my locality.

My Business

I keep turkeys for commercial purposes because i discovered that there was no such farmer in my locality.i breed them by myself .currently i have 48 of them .i usually sell each at around 30 dollars.i also buy young turkeys at 5 dollars and keep them for five months after that i sell them making a profit of 25 dollars on each.turkeys are a good source of meat as well pets to most rich people in my locality.i don't incur any other cost since they can feed on available food remains in the compound and this saves on the cost.the profits i get i usually plough back into the business,upkeep as well as saving for the purposes of buying a piece of land

Loan Proposal

I plan to increase the stock of my birds by buying young turkeys and breed them to maturity.i usually buy the young turkeys at 5 dollars therefore i intent to increase them by 20 that will translate to 68 turkeys.this will increase my profits by 500 dollars at the end of 5 months.this will make me increase my savings ,support my siblings as well as meeting the increasing demand of my market.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

Apr 20, 2015

Repayment status

On Time

Projected term

51 months

Cost to entrepreneur

Service fee: $3.75

Gerald opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

F

Frank

Berlin, Germany

Kitty

Hailsham, United Kingdom

G

garrybuck

Oro Valley, United States

AltruisticSelfishnes

Chicago, United States

D

drjofleming

UK, United Kingdom

F

Fiodal

Helsinki, Finland

S

sirius

Lauterach, Austria

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

indeh

London, United Kingdom

Quentin

Toronto, Canada

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

Cloudways

Malta, Malta

B

bugsheep

Houston, United States

X

xaphoon

angouleme, France

ads68

Melbourne, Australia

basicus

Cairo, Egypt

JC

Jordi Cohen

New York, NY, United States

K

KnutG

Bergen, Norway

Muslim

Riyadh, Saudi Arabia

Z

Zimaxx

Graz, Austria

B

BassFamily

Tremonton, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

C

caz32

chertsey, United Kingdom

B

Bokolo

Leeds, United Kingdom

mohita

delhi, India

S

Spelbreker

Zwijnaarde, Belgium

V

Volpone

Geneva, Switzerland

S

seikatsu

Palo Alto, CA, United States

M

Madone52

Brisbane, Australia

L

Lennert

Alphen aan den Rijn, Netherlands

G

guggl

Vienna, Austria

sderickson

Berkeley, CA, United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

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