Kindly assist me buy an egg incubator

Francis Agoro

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Francis Agoro

Member since

December 2014

On-time repayments

71 installments  •  65%

About Me

I am a dad living with my family. I come from western Kenya and have a passion for commercial chicken rearing. I would like to partner with Zidisha to grow a business empire and improve my livelihood and that of my family. It is quite challenging here in Kenya to secure a good livelihood. The cost of living has increased while employers are not increasing their pay hence the need to think outside the box.
I want to secure a good education for my children and can not do that with my current income.
I gained interest in chicken from an early age and enjoy rearing them alot.
I intend to move to the next level apart from just rearing I want to start a hatchery.

My Business

Currently I have over fifty chicken but aim to have two hundred by the end of the year. Chicken meat is highly nutritious and their eggs sales assist in buying them some commercial feeds apart from the left overs i feed them with.
Chicken is a delicacy in my area so on high demand
The profits will be used for re investment and ultimately will expand to goat rearing.
I will repay the loan from sales of the grown birds which will happen fortnightly as they are of different ages.

Loan Proposal

Given the loan, I will sum it up with my savings and chicken sales to acquire an incubator worth 196 dollars which hatches 48 eggs.
Once I have the incubator in place it will mean that I can increase my income in the next one month after acquiring it.
I expect to be making over one hundred dollars extra every month after the business stabilizes.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$105.13

Date disbursed

May 6, 2015

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Service fee: $3.93

Lenders

TheWhiteCat

Surrey, United Kingdom

B

bileiro

Mandaluyong, Philippines

Bhayl

Stavanger, Norway

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

E

E

Marin county, United States

mepster

San Francisco, Ca, United States

I

idris

United States

Ask Francis a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Francis Agoro    Dec 30, 2022

    Hey guys,
    Thanks alot for your goodwill. Once I receive the money I shall immediately buy chicken to enhance my project.
    Kind regards
    Francis

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  • Francis Agoro    Jan 31, 2019

    The loan helped me do business which in turn helped me fend for my family.

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  • Elisha Anditi    Oct 3, 2015

    Francis Agoro has promise to pay all the areas by the end of next week.

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  • Elisha Anditi    Aug 3, 2015

    I have contacted Francis Agoro to day and he has promised to be paying the areas to day without fail.

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  • Elisha Anditi    Jul 2, 2015

    I tried to reach Francis Agoro but I could not go through,but when I contacted on of the referees called Collins matengo he told me that he is gonging to look for him and will be back to me soon with a concrete report.

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  • Francis Agoro    May 7, 2015

    Dear lenders,
    I thank you dearly for the loan advanced to me. I am in the process of acquiring an incubator which will enhance my business. With the 100 dollars recieved plus my savings I will be able to accomplish my desired target.
    Kind regards,
    Francis

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  • Francis Agoro    May 6, 2015

    I take this opportunity to thank my lenders and the Zidisha team for this assistance once more. This loan will be utilized to top up my savings and buy an incubator which will enhance my chicken business and ultimately improve my life plus that of my children.
    It is a good gesture to assist many people improve their livelihoods through provision of affordable and flexible loan facilities.
    Kind regards,
    Francis Agoro.

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  • Francis Agoro    May 4, 2015

    These are some of the grown up chicken that are going to provide the eggs to be incubated. Kindly help me buy the incubator.

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  • Francis Agoro    Apr 30, 2015

    I give my sincere thanks to lenders who are putting their faith and money on me and promise that I am doing everything I can to turn this dream of having five hundred indigenous chicken and above by the end of the year.
    So far it has been a challenging journey but I overcome one hurdle after the other and I envision success and prosperity in the near future.
    Thanks a lot to everybody concerned.

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  • Francis Agoro    Apr 23, 2015

    Hello good people,
    It is quite challenging as I deal with little indigenous chicks. They require alot of care and warmth. I am learning alot as I look for information from all round on how to rear them.
    They are now eleven days old and doing fine. Any tips out there?
    I pray that I finish my initial loan as I want to start hatching using an incubator and have already identified one somewhere. Advice is wholesomely welcome.
    Kind regards,
    Franc.

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  • Francis Agoro    Apr 16, 2015

    These are some one day olds that I bought and decided to reduce the mature ones by selling some of the off.

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  • Francis Agoro    Feb 20, 2015

    Business is picking steadily and things seem to be getting brighter

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  • Francis Agoro    Feb 5, 2015

    The business is steadily picking up. And I have gotten a brilliant idea. I want to acquire an incubator to be hatching chicks after every 21 days. This venture is more profitable and has less risks as the chicks are disposed immediately (one day) after they hatch. Any Ideas out there?

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  • Francis Agoro    Jan 20, 2015

    The birds are fairing on well. its just that the weather is kind of hot so at times they seem to be having some stress.

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  • Francis Agoro    Jan 13, 2015

    Thank you zidisha. I now have 27 chicken from money lent plus my savings.

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  • Francis Agoro    Jan 11, 2015

    Got some 27 fowls with money from Zidisha plus some savings. I am so excited.

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  • Francis Agoro    Dec 23, 2014

    I got my loan and have already put it into use. I have increased my chicken. I will upload some photos of my project soon.

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  • Francis Agoro    Dec 22, 2014

    I really thank my lenders for approving my loan. I have already made arrangements to acquire the required birds and some miscellaneous items as I await disbursement.
    Thank you Zidisha and my lenders.
    Regards,
    Francis.

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