Kienyeji poultry keeping

Richard

Limuru, Kenya

100% repaid

Entrepreneur

Name

Richard

Member since

February 2015

On-time repayments

110 installments  •  27%

About Me

Mr. Richard Moseti Mongare is a graduate in Business and Management has expertise and knowledge farming that has helped raise school fees for my studies in campus. During long holidays i could manage the family farm as well teach in the nearby secondary school. Support is required to boost my small-scale project in the fields of agriculture (poultry keeping) on economic development. Currently i have constructed poultry house that can keep 100 chickens. After the construction of the house i got accident that made me spend all savings that i could have used to purchase the chicks.

My Business

My business is to raise Kienyeji chickens that are on high demand in the market. Maturity of the breed i intend raise is four months and would weigh up to two kilograms if well fed. The prevailing market price for one chick is Kes. 100 and a mature chicken goes for between Kes 650 to Kes 700. Hence making the venture more profitable. The profit i will get is to expand the business.

Loan Proposal

The loan will enable me increase the number of chickens to 75 in number at $2 , buy feeds 6 bags of feeds at $ 25 per bag, vaccines and add feeding equipment at $50. the first , second l and third loans have opened way for bright business future which was a challenge to start due to lack of capital. However with Zidisha team help i can now smile for a bright future.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$373.00

Date disbursed

Jul 25, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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