Inventory needed for my poultry farm

Ekirah

Githurai, Kenya

100% repaid

Entrepreneur

Name

Ekirah

Member since

July 2014

On-time repayments

263 installments  •  72%

About Me

I have been born and raised up in a humble ground,a nuclear family of 6 dad,mum nd my 3brothers , i went to nearby primary school by the name kenyatta university primary school later class of 2004 and laterjoined mumbi high school class 0f 2007 later i joined kenya insitute of management wea i am to date, i got employed in 2010 whereby i decidedto start up a small bussiness of farming this i what keeps me going though with so much challanges in terms of capital and financing the business,the most unique thing about where i live is that people are mostly into farming to be specific they rare broilers.when am ready to settle as a wife i would like to have 3 children God willingly ,my hobby is simply travellin i would travel over and over again without tiring.

My Business

My business entails simply raring chicks to be specific day old chicks which i usually buy from ken chic i usually buy them as young as day old and take care of them accordingly untill the sale time.this is the most and one of the core business that one would ever have because mostly in nairobi people can not do without having thembecause in every hotel in town they must sell kuku and more so deep fried ones with chips.the reasons as to why i choose this business is because i found it amazing that my parents were able to bring us up comfortably using the income from the business.the typical cost incurred in these business is buying of feeds since they are usually very expensive and the revenues are incurred mostly when you are transporting them to town and you are caught by the city council reason being that you are nottransporting them accordingly.i use my profits to pay for my school fees and cater for my basic needs but mostly i would like to grow my business by expanding and also buying a car for doing the businessin and and out of town with much ease.inwould also like to buy a piece of land as future investment for i and my family to be.

Loan Proposal

When the loan is approved i will gladly buy more chichs one going for ksh.60 and buy like 50 chics and buy like 2 bags of feeds one goin for ksh.3000 and that will be a plus to my business. The business will help me grow finacially since my business will make more profits thus i will be able to invest further and to the public i will be able to reach out to many thus enhancing my business opportunities,the business is likely to make 5000 on top of what i make thus increasing my profit margins.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 24, 2015

Repayment status

On Time

Projected term

8 months

Lenders

JimVandegriff

Trinidad, California, United States

PG

Paul Graham

United States

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