Kariuki's poultry firm

Ekirah Kariuki

Githurai, Kenya

25% repaid

Entrepreneur

Name

Ekirah Kariuki

Location

Githurai, Kenya

On-time repayments

258 weekly installments  •  71%

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

Thanks alot zidisha lenders for the support that you have been offering me since i joined this team. I will really be grateful having being funded this loan application as i will manage to buy an extra 300 chicks making it a total of 2000 chicks i will buy the chicks at a rate of KES 60 and this will total to KES 18,000 amd also buy feeds to rear them that is 18 bags of feeda at a cost of KES 3500 totaling to KES 63,000 and i will set aside KES 4000 for miscelenous purposes i. e vacinnes and local running etc. The remaing amount of KES 30,000 i will use to pay my university fee as am an ongoing student at the university of Nairobi undertaking a Bachelors of Commerce to enhance my competencies and skills. This will create a good benefit to me as i will manage to cater for my family basic needs and pay for my school fees and to the society i will add an extra employee to make 2. If my profit margin increases i will increased from KES 40,000 to KES 65,000.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,133.75

Date disbursed

Mar 27, 2018

Repayment status

Late

Projected term

46 months

Cost to entrepreneur

Service fee: 5% of $1,133.75 = $50.96

Credit risk payment: $101.93

Lenders

P

PHU99

Zwingenberg, Germany

Freewolf

Salt Lake City, United States

G

GoughGirl

Washington, Dc, United States

N

nycjen

United States

M

Marko

Helsinki, Finland

JA

Jorge Alagon

Munich, Germany

melissapmeier

United States

AK

Anita K

Maryland, United States

VS

Vicki Stewart

Charlotte, United States

R

Rahima

United States

Tom Eggert

Madison, United States

J

John

Toronto, Canada

Ren

Minneapolis/StPaul, United States

R

Ryan

Albuquerque, NM, United States

Emily

San Francisco, United States

P

Peter

United States

Paul Buchheit

Mountain View, United States

Nethanel Kohen

NYC, United States

Carrie

Arlington, MA, United States

Edwin

Switzerland

Genuine Interest

Singapore, Singapore

CC

Carl Corvin

United States

Isabelle Diwoky

Graz, Austria

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