Felix
Nakuru, Kenya
100% repaid
Name
Felix
Member since
September 2013
On-time repayments
310 installments • 67%
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.
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.
The expected loan will be 872 dollars. To buy the medications for my chickens and for the veterinary services, I will need 160 dollars for a longer period. To repair the poultry house, I will need 100 dollars. To install electricity in the poultry house, I will need 80 dollars. To pay the electrician, I will need 52 dollars. To buy materials for the poultry house, I will need 80 dollars. I will need: 70 dollars for labor, 100 dollars for daily transport costs and the other 230 dollars to buy the chick feed for a longer period.
This loan will be a great help as the previous loan has made my business grow. The support of Zidisha has also helped me to create employment in the local community; I have employed at least three workers. Thanks, Zidisha lenders, for your support and encouragement. Zidisha is the future for people who would like to succeed in life.
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
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
The expected loan will be 872 dollars. To buy the medications for my chickens and for the veterinary services, I will need 160 dollars for a longer period. To repair the poultry house, I will need 100 dollars. To install electricity in the poultry house, I will need 80 dollars. To pay the electrician, I will need 52 dollars. To buy materials for the poultry house, I will need 80 dollars. I will need 70 dollars for labor, 100 dollars for daily transport costs and the other 230 dollars to buy the chick feed for a longer period.
This loan will be a great help as the previous loan has made my business grow. The support of Zidisha has also helped me to create employment in the local community; I have employed at least three workers. I started my business back in 2013 with 20 chicks .Four years down the line my business has grown now I rear 110 chicken.Am expecting this time round i will gain a 100% of my profit Thanks, Zidisha lenders, for your support and encouragement. Zidisha is the future for people who would like to succeed in
Positive
8
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$868.00
Date disbursed
Mar 31, 2017
Repayment status
On Time
Projected term
30 months
Other loans
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