Name
Francis
Member since
December 2014
On-time repayments
73 installments • 63%
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.
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.
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.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$105.00
Date disbursed
May 6, 2015
Repayment status
On Time
Projected term
11 months
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