Entrepreneur
Name
Francis Agoro
Member since
December 2014
On-time repayments
73 installments • 63%
About Me
I am a dad living with my family. I come from western Kenya and have a passion for commercial chicken rearing. I would like to partner with Zidisha to grow a business empire and improve my livelihood and that of my family. It is quite challenging here in Kenya to secure a good livelihood. The cost of living has increased while employers are not increasing their pay hence the need to think outside the box.
I want to secure a good education for my children and can not do that with my current income.
I gained interest in chicken from an early age and enjoy rearing them alot.
I intend to move to the next level apart from just rearing I want to start a hatchery.
My Business
Currently I have over fifty chicken but aim to have two hundred by the end of the year. Chicken meat is highly nutritious and their eggs sales assist in buying them some commercial feeds apart from the left overs i feed them with.
Chicken is a delicacy in my area so on high demand
The profits will be used for re investment and ultimately will expand to goat rearing.
I will repay the loan from sales of the grown birds which will happen fortnightly as they are of different ages.
Loan Proposal
Given the loan I will add five layers to my current stock. This means I can be able to get more eggs which will be regularly sold to start some earnings.
Proceeds from these sales will be initially used to immunize the chicken then be gradually buying more chicken. The more chicken the more the eggs translating to more income.
An indigenous egg sells at 0.13 dollars which translates to 1.3 dollars for 10 eggs. Hopefully I should be able to buy a layer per week and two layers weekly after two months. Also keep in mind that some chicken will be brooding and hatching. with this strategy I hope to reach a point whereby the increase will be exponential and I will be offsetting the birds regularly to maintain a threshold of 500 birds. This I hope will happen in my second year in business.
I pray to fulfill my vision.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.09
Date disbursed
Dec 22, 2014
Repayment status
On Time
Projected term
12 months
Cost to entrepreneur
Lender interest: $50.09 at 6.04% annual rate over 12 months = $3.19
Service fee: $1.81
Other loans
Lenders
United States
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Summary
Amount repaid
$55.92
Amount remaining
$0.00
Date repaid
Apr 25, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 4, 2015 | $1.03 | Dec 23, 2014 | $1.03 |
| Jan 11, 2015 | $1.03 | Jan 10, 2015 | $1.03 |
| Jan 18, 2015 | $1.03 | Jan 10, 2015 | $0.09 |
| Jan 17, 2015 | $0.94 | ||
| Jan 25, 2015 | $1.03 | Jan 17, 2015 | $0.18 |
| Jan 22, 2015 | $0.22 | ||
| Jan 25, 2015 | $0.63 | ||
| Feb 1, 2015 | $1.03 | Jan 25, 2015 | $0.02 |
| Jan 31, 2015 | $1.01 | ||
| Feb 8, 2015 | $1.03 | Jan 31, 2015 | $0.67 |
| Feb 4, 2015 | $0.36 | ||
| Feb 15, 2015 | $1.03 | Feb 4, 2015 | $0.76 |
| Feb 16, 2015 | $0.27 | ||
| Feb 22, 2015 | $1.03 | Feb 16, 2015 | $0.18 |
| Feb 20, 2015 | $0.85 | ||
| Mar 1, 2015 | $1.03 | Feb 20, 2015 | $0.27 |
| Mar 4, 2015 | $0.51 | ||
| Mar 4, 2015 | $0.26 | ||
| Mar 8, 2015 | $1.03 | Mar 4, 2015 | $0.19 |
| Mar 11, 2015 | $0.51 | ||
| Mar 25, 2015 | $0.34 | ||
| Mar 15, 2015 | $1.03 | Mar 25, 2015 | $0.79 |
| Apr 10, 2015 | $0.25 | ||
| Mar 22, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| Mar 29, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| Apr 5, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| Apr 12, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| Apr 19, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| Apr 26, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| May 3, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| May 10, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| May 17, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| May 24, 2015 | $1.03 | Apr 10, 2015 | $1.03 |
| May 31, 2015 | $1.03 | Apr 10, 2015 | $0.65 |
| Apr 20, 2015 | $0.38 | ||
| Jun 7, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jun 14, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jun 21, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jun 28, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jul 5, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jul 12, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jul 19, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Jul 26, 2015 | $1.03 | Apr 20, 2015 | $1.03 |
| Aug 2, 2015 | $1.03 | Apr 20, 2015 | $0.90 |
| Apr 21, 2015 | $0.13 | ||
| Aug 9, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Aug 16, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Aug 23, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Aug 30, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Sep 6, 2015 | $1.03 | Apr 21, 2015 | $0.79 |
| Apr 21, 2015 | $0.25 | ||
| Sep 13, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Sep 20, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Sep 27, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Oct 4, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Oct 11, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Oct 18, 2015 | $1.03 | Apr 21, 2015 | $1.03 |
| Oct 25, 2015 | $1.03 | Apr 21, 2015 | $0.85 |
| Apr 25, 2015 | $0.18 | ||
| Nov 1, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Nov 8, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Nov 15, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Nov 22, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Nov 29, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Dec 6, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Dec 13, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Dec 20, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Dec 27, 2015 | $1.03 | Apr 25, 2015 | $1.03 |
| Jan 3, 2016 | $1.03 | Apr 25, 2015 | $1.03 |
| Jan 10, 2016 | $1.13 | Apr 25, 2015 | $1.06 |
| Apr 26, 2015 | $0.08 | ||
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