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

5

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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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  • Richard    Mar 22, 2016

    Rebuilding of my business after collapse.

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  • Richard    Dec 22, 2015

    Hi Zidisha Team , would like to appeal for reduction of payment installment per week due reduction in earnings.

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  • Richard    Nov 9, 2015

    Thanks Zidisha team, am grateful for the loan. I will use the money to buy 50 chicks at $2 each, vaccines at $50 and $150 for feeds. Thanks team for your support.

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  • Richard    Nov 8, 2015

    Hi, Zidisha team its great to have your support in my business. Thanks for i am doing very very well where i had almost lost hope. Thanks Team for continued support.

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  • Richard    Oct 25, 2015

    Hi, Zidisha team i appreciate your support my venture is growing day by day. I have cleared my loan but not yet reflected. I highly thank you. Thanks team.

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  • Richard    Oct 1, 2015

    Thanks very much lenders for your loan. I am doing very well with my project as i expect to sell 15 chickens at $78 per chicken which i will pay the remaining loan balance and book for additional 20 chicks to my stock. Thanks Zidisha am grateful for your support.

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  • Richard    Sep 8, 2015

    Kindly update my payment schedule having paid Kshs. 5400 on 05/09/2015. Thanks.

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  • Richard    Aug 26, 2015

    Hi, Zidisha team thanks delivered my stock of 30 chicks they are doing very well. Next week i will sell ten mature chickens. This will enable my repayment. Thanks team.

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  • Richard    Jul 30, 2015

    Hi, Zidisha Team have already booked 30 chicks two weeks old to be delivered in one weeks time. Thanks Team.

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  • Richard    Jul 24, 2015

    Thanks Zidisha Team i accept the loan. Will the funds to increase my stock to 45 chicks @ $2, feeds for the chicks and more for the current chickens $200, vaccines $50. Thanks will update the progress of my project.

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  • Richard    Jul 16, 2015

    Am grateful with my first loan i purchased 15 chicks which have matured and sold the at $64 each. This enabled me to repay part of my loan. The remaining amount is budgeted feeds for the next two for the current stock. thanks for your continued support.

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  • Richard    Jul 15, 2015

    I appreciate Zidisha team having successfully sold my first batch of chickens from my first loan. My sincere thanks goes to christin who encouraged me on my business. Proceeds from the sale have enabled repayment of my current loan. Thanks team.

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  • Richard    Jul 11, 2015

    Hi, Zidisha team i am grateful for your support, still my project in good course. Thanks team.

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  • Richard    Jun 20, 2015

    Hi, Team my project doing well, my first batch of chicks are mature and would sell in the next two weeks. This will enable me to pay back part of current installments and purchase more feeds. Thanks team for your support.

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  • Richard    Jun 3, 2015

    Thanks Zidisha Team, i have received my loan will update progress of my project.

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  • Richard    Jun 2, 2015

    Hi, Team its great to have you supporting me. Always will say thanks to you all.

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  • Richard    May 21, 2015

    Thanks Team for the support, i was able to make the delivery of my 25 chicks. however due to heavy rains 98% of the chicks doing very well. Will continue saying thanks for my dream is alive.

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  • Richard    May 13, 2015

    Hi, Zidisha Team, i have confirmed its now safe to deliver my stock home. Thanks .

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  • Richard    May 4, 2015

    Hi, Zidisha Team my stock of 25 chicks are ready for delivery, however due to heavy rains at the moment i requested the seller to keep them a little longer to avoid deaths due to cold weather. He agreed since since i have not equipped the house with warmers. Will deliver them once the rains subsides. Thanks team.

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  • Richard    Apr 23, 2015

    Hi, Zidisha Team already booked and paid for my stock of 25 chicks which will be delivered next week. Thanks.

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