Raising chickens

Felix

Nakuru, Kenya

16% repaid

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How it Works

Entrepreneur

Name

Felix

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

The expected loan will be 2500 dollars. To buy the medications for my chickens and for the veterinary services, I will need 230 dollars for a longer period. To repair the poultry house, I will need 200 dollars. To repair electricity in the poultry house, I will need 350 dollars. To pay the electrician, I will need 150 dollars. To buy materials for the poultry house, I will need 200 dollars. I will need: 250 dollars for labor, 190 dollars for daily transport costs and the other 930 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 six workers. Thanks, Zidisha lenders, for your support and encouragement. Zidisha is the future for people who would like to succeed in life

Income Source

The coronavirus has actually affected my business and other many businesses. However in the recent years have been supplying to supermarkets.
This has sustained my business in this coronavirus period. Am thankful for this because i didn't lay off my employees in this hard economic time. This is how i will be able to pay my loan, my business has really grown. I would like to thank Zidisha lenders for giving and supporting me in getting loans. Thank you zidisha

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