Increasing my kienyeji chicken

Nancy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nancy

Member since

May 2014

On-time repayments

92 installments  •  30%

About Me

I was born in 1987, 24 years ago in a village named Koitoror located in Eldoret town, Uasin Gishu County. I began primary school in1990 at Koitoror primary school and I later joined Kaptagat girls high school and continued my schooling until 2005 when I finished my secondary school education. I joined Graffins college to pursue my diploma in hotel management in 2006. I got a contract job in a local hotel in Nairobi in 2009. The contract ended last year 2013 and I decided to start my own business from my savings. I started keeping kienyeji chicken, a business I have been running unto date. I am married and blessed with one child. My husband works in Nairobi Embakasi estate and it is where we currently live. Embakasi estate is about 17km from Nairobi city.

About My Business
As I have already said, I started my poultry business one and half years ago in Nairobi, Embakasi estate. I love my business, and although there is a lot of competition, I keep my customers happy by giving them what they want. This business is good because there aren’t many people keeping kienjeji chicken and people like their meat because it is nutritious. The business helps us support our family financially.


My Loan Proposal
I need some loan to increase my stock of kienyeji chicken and also to buy an incubator to start hatching my chicks to increase my sales, as the demand as already gone up, and I don’t like disappointing my customers. I will appreciate so much if I get this loan.

My Business

I will repay my loan through my sales of eggs and chicken supply eggs daily to local kiosks within the estate a grate goes for 5 USD and I sell 3 grates every day that is like 15.0446 USD every day. in a week it is 105.312 USD .this will enable pay my weekly repayment of the loan. I sometimes find orders for chicken from the hotels in town and kilo goes for 3.34325 USD ,a times when the chicken feed well one chicken may go for 2kg. Sometimes i sell 5 to 7 chicken in a day.my customers like kienyeji eggs because they don’t have chemicals like the ones for grade,it is also very nutritious, although it is more expensive compare with the one for grade, the advantage with this kind of poultry farming is that you can keep the for both meat and eggs.it takes time to mature

Loan Proposal

I need some loan to increase my stock of kienyeji chicken and also to buy an incubator to start hatching my chicks to increase my sales, as the demand as already gone up, and I don’t like disappointing my customers. I will appreciate so much if I get this loan.
I will repay my loan through my sales of eggs and chicken supply eggs daily to local kiosks within the estate a grate goes for 5 USD and I sell 3 grates every day that is like 15.0446 USD every day. in a week it is 105.312 USD .this will enable pay my weekly repayment of the loan. I sometimes find orders for chicken from the hotels in town and kilo goes for 3.34325 USD ,a times when the chicken feed well one chicken may go for 2kg. Sometimes i sell 5 to 7 chicken in a day.my customers like kienyeji eggs because they don’t have chemicals like the ones for grade,it is also very nutritious, although it is more expensive compare with the one for grade, the advantage with this kind of poultry farming is that you can keep the for both meat and eggs.it takes time to mature.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 22, 2014

Repayment status

On Time

Projected term

4 months

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Lorax

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fairspirit

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Sarasota

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M

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Scotts5320

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Matching Fund

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Summary

Amount repaid

$157.68

Amount remaining

$0.00

Date repaid

Apr 16, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 4, 2014 $30.34 Oct 4, 2014 $30.34
Oct 11, 2014 $30.34 Oct 14, 2014 $30.34
Oct 18, 2014 $0.00
Oct 25, 2014 $0.00
Nov 1, 2014 $0.00
Nov 8, 2014 $0.00
Nov 15, 2014 $0.00
Nov 22, 2014 $5.75 Nov 24, 2014 $5.75
Nov 29, 2014 $5.75 Nov 29, 2014 $5.75
Dec 6, 2014 $5.75 Dec 6, 2014 $5.75
Dec 13, 2014 $5.75 Dec 17, 2014 $5.75
Dec 20, 2014 $5.75 Dec 20, 2014 $5.75
Dec 27, 2014 $5.75 Dec 27, 2014 $5.75
Jan 3, 2015 $5.75 Feb 8, 2015 $5.75
Jan 10, 2015 $5.75 Feb 8, 2015 $5.75
Jan 17, 2015 $5.75 Feb 8, 2015 $5.75
Jan 24, 2015 $5.75 Feb 8, 2015 $5.75
Jan 31, 2015 $5.75 Feb 8, 2015 $5.75
Feb 7, 2015 $5.75 Feb 8, 2015 $5.75
Feb 14, 2015 $5.75 Mar 11, 2015 $5.75
Feb 21, 2015 $22.28 Mar 11, 2015 $11.49
Apr 16, 2015 $10.78

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