Entrepreneur
Name
Lorine
Member since
February 2016
On-time repayments
48 installments • 65%
About Me
My childhood life was difficult ,my parents divorced when I was young and I was raised single handily with my late mother. Although we could spend some days with no food mum always struggled to make me and my young sister g to school. I went to ukwala primary passed well and proceeded to Ngiya girls secondary school,I passed well and joined maseno university where I was forced to defer at my second year due to fees problems.
After my deferment from college I almost gave up in life for I knew I could not afford to make the required money,I joined Yolee youth group and we received training on poultry production.We could also make contributions and get loans, I took a loan of $100 and bought 5 mature hens and a cock,i did not have a poulty house and so I always spend my nights with the birds in my house.After a few days the all started laying eggs and then brooding. I was able to get my first set of 60 chicks from 5 birds , 10 died and 50 successfully grew. I am now in my final year at the university ,courtesy of poultry farming.
I play basket ball during my free time, I also love reading novels and watching movies.
My Business
I keep indigenous poultry in my farm and sell fertilized eggs and live poultry for meat. I mainly sell the cocks to avoid inbreeding and buy cocks for breeding.
The desire by many families for white meat explains why the demand for poultry is high.
I choose these business because it is easy to manage and the market for poultry and eggs is readily available .
my monthly costs average are $200 for feeds and labor and my monthly revenues on average are $ $450 per month.
I use 50% of my income to cater for my university fees and the rest for reinvestment and paying fees for my sister.
Loan Proposal
I thank you dear lenders for the good work you are doing. You are changing lives of many youths and women particularly here in Kenya.Kudos.
I am kindly asking for a loan to enable me buy a 60 egg incubator,these would help me add value to my eggs and instead of selling one fertilized egg at $0.3 I would be selling one day old poultry at $1 . These would help make more profits. the incubator costs $320 and I have $150 in saving that I would add to the loan. I beg you help me.Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
49 months
Other loans
Lenders
Taiwan
United Kingdom
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