Feeding equipment & chicks for my poultry farm

Yuvenalis

Kisii, Kenya

100% repaid

Entrepreneur

Name

Yuvenalis

Member since

March 2017

On-time repayments

61 installments  •  49%

About Me

I am Yuvenalis Mogire. I went to school at Sengera; although I had struggles with life working in our shamba and grazing livestock, I managed to finish O levels. Later I did a certificate in business administration in St. Ann College in Kisii town. After school, I secured a job with the municipal council, from which I managed to save money to start my business. I have three kids whom I am schooling and supporting fully.

My Business

After saving, I bought three-week chicks that I personally reared and I liked the idea. After my first sales, I started to rear indigenous chickens (Kienyeji chickens) which I sell to nearby hotels. I opted to raise Kienyeji chickens because of the harsh cold weather here; the indigenous chickens adapt well to the weather. I also sell eggs. I make a profit of USD $1,200 per month, which I use to feed my family and pay school fees for the children.

Loan Proposal

I am requesting for funds to buy more feeding equipment for my chickens and additional chicks to replace the aging chickens.

One feeding trough will cost me USD $8, and I will buy 15 of them. Young chicks will cost me USD $100. With this new equipment, my chickens will have good health, thus more production. After buying young chicks, I will be able to dispose of the aging ones. With the proceeds I will be able to pay this loan and refresh my venture. With good earnings I will be able to pay my bills and improve the living standards of my family.

Show original English  

About Me

I am Yuvenalis Mogire, I went to school at Sengera though with struggles with life working in our shamba and grazing livestock I managed to finish O levels.
Later I did a certificate in business administration in St Ann college in Kisii town. After school I secured a job with municipal council where I managed to save money to start my business. Am still an employee of the council to date and with my salary l support my family and in case my business is not doing well I can plough in more capital to service my loan.
I have three kids whom am schooling and supporting fully.

My Business

After savings I bought three week chicks that I personally reared and I liked the idea. After my first sales I started to rear indigenous chicken (kienyeji chicken) which I sale to nearby hotels I opted to to kienyeji chicken because of the harsh cold weather here and the indegineous chicken adapt well with the weather. I also sell eggs
I make profits of USD 1200 per month
I use them to feed my family and pay school fees for the children

Loan Proposal

I am requesting for funds to buy more feeding equipments for my chicken and addition chicks to replace the ageing chicken.
One feeding trough will cost me USD 8 to buy 15 of them and young chicks will cost me USD 100. With this new equipment my chicken will have good healthy thus more production. After buying young chicks I will be able to dispose off the ageing ones. With the proceeds I will be able to pay this loan and refresh my venture.
With good earnings I will be able to pay my bills and be able to improve the living standards of my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$201.00

Date disbursed

Aug 22, 2017

Repayment status

On Time

Projected term

16 months

Lenders

The Zinc Team

San Francisco, United States

M

Margaret

United States

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