Inventory of chicken feeds and drugs

Felix Mutunga

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Felix Mutunga

Member since

September 2013

On-time repayments

310 installments  •  67%

About Me

I am Felix Mutunga. I am married and we have 1 kid. I am living in Nakuru town, Rift Valley, Kenya. My occupation is a manager in the hospitality industry. I am also a businessman in agribusiness. I rear chickens and also like to do practices to conserve the environment. I started a business because I wanted to put my skill and experience into creating an environment which can accommodate others. This business has been a success not only to me but to many through learning practically, setting examples to my neighbors. I like traveling, reading business journals and helping in community charity work. Zidisha has been a helping hand through the observation from my friends who have been members.

My Business

The sources from which I am going to repay my loans are my business profits and savings that I do every week. I sell the chicken to various hotels and restaurants. My customers don't worry about the transport cost since I deliver personally. The business is profitable and I do face challenges such as the changing prices of the products. I do make a profit of KSh 20,000. I do sell 50 indigenous chicken @ 600, making a sell of 30,000 per month.

Loan Proposal

When I get this loan,it will help me improve on my chicken project in the following ways;,buying of feeds estimated at 80 dollars,buying of drugs and paying for veterinary extensions at the balance of 70 dollars.Despite the fact that I still have deficit of about 150 dollars for improved feeds and medication and services for my chickens am happy that through this small loan I will be able to see some of the followings the returns the loan will create; improved chicken quality that will help me get a bigger and better market since the chickens are in good health.The returns will then help expand my farm by increasing the number of animals and also employ a few people. I should be supported because I can't afford single to meet full financial requirements of the agribusiness due to the increased costs of farm inputs like feeds,drugs, paying for veterinary work and paying my workers this is attributed to the high standard of living in my country especially around Nakuru where I run my agribusiness.

Show original English  

About Me

Am Felix mutunga married we have 1 kid living in Nakuru town rift valley Kenya.My occupation is a manager in hospitality industry. Am also a businessman agribusiness I do rear chicken and also like to do practices to conserve the environment. I started a business because I wanted to put my skill and experience into creating an environment which can accommodate others.This business has been a success not only to me but to many through learning practically, setting examples to my neighbors. I like traveling,reading business journal and helping in community charity work. Zidisha has been a helping hand through the observation from my friends how have been members

My Business

The sources that am going to repay my loans are from my business profits and savings that I do ever week. Am a businessman agribusiness I do rear chicken and also like to do practices to conserve the environment. I sell the chicken to various hotel and restaurant. My customers don't worry about the transport cost since I deliver personally. The business is profitable and I do face challenges such as the changing prices of the products .I do make a profits of kes 20,000.I do sell 50 indigenous chicken @ 600 making a sell of 30,000 per month

Loan Proposal

When I get this loan,it will help me improve on my chicken project in the following ways;,buying of feeds estimated at 80 dollars,buying of drugs and paying for veterinary extensions at the balance of 70 dollars.Despite the fact that I still have deficit of about 150 dollars for improved feeds and medication and services for my chickens am happy that through this small loan I will be able to see some of the followings the returns the loan will create; improved chicken quality that will help me get a bigger and better market since the chickens are in good health.The returns will then help expand my farm by increasing the number of animals and also employ a few people. I should be supported because I can't afford single to meet full financial requirements of the agribusiness due to the increased costs of farm inputs like feeds,drugs, paying for veterinary work and paying my workers this is attributed to the high standard of living in my country especially around Nakuru where I run my agribusiness.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.52

Date disbursed

Aug 25, 2014

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Lender interest: $150.52 at 8.67% annual rate over 2 months = $2.26

Service fee: $0.94

Lenders

McJulio

New Jersey, United States

Bhayl

Stavanger, Norway

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Sputnik

Switzerland

J

JessicaAna

Maputo, United States

ToddTho

World Wide, United States

T

twm3823

United States

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