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.
When I get this loan,it will help me improve on my chicken project in the following ways;,buying of feeds estimated at 40 dollars,buying of drugs and paying for veterinary extensions at the balance of 10 dollars.Despite the fact that I still have deficit of about 40 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.
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
When I get this loan,it will help me improve on my chicken project in the following ways;,buying of feeds estimated at 40 dollars,buying of drugs and paying for veterinary extensions at the balance of 10 dollars.Despite the fact that I still have deficit of about 40 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.
Positive
8
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 3, 2014
Repayment status
On Time
Projected term
5 weeks
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