Purchase a motorbike to deliver my poultry products to customers

Benedict Makau

Kaani Village, Kenya

50% repaid

Entrepreneur

Name

Benedict Makau

Location

Kaani Village, Kenya

On-time repayments

282 weekly installments  •  64%

About Me

I had been a temporal ICT-Tutor for 5 years and resolved to change to Poultry farming because i wanted financial freedom and i also wanted to be near my family. I'm married to one wife with four lovely kids.Being the chief bread winner i use my earnings to cater for my family needs.I also offset a few expenses here and there that come my way in my business.I actually started small with incubation services and i thank God my real work at home job that started from humble beginning has opened doors to other poultry related money making activities.i.e I currently mould innovation clay brooding jikos which are very economical and cost effective and have actually gained very strong popularity in kenya since i'm the sole manufacturer.My hobbies include travelling,Browsing and to be specific i'm a social media enthusiast if i may say.During my free time can spend time researching on new openings on the internet where i can market my products.I also don't hesitate to look for free on-line courses on entrepreneurship so as to match this digital era.

My Business

My poultry farming business is my own work at home job and can proudly say i meet very minimal expenses since i operate from my own premises.The sale of chicks and Innovation brooding jikos are the main source of income.I can confidently say my brooder heater innovation ,good repute are some of the key factors as to why more and more farmers are buying my products.I have also been doing personalised trainings on poultry keeping and this has also worked miracles.I would request for USD 450 loan since i would wish to buy a back up generator.A good and successful hatch requires a serious farmer like me to have a backup generator so that it can pick-up when there is power outage.Something that is very common here especially during this cold season.I have had hatchability rate of about 65% without the generator and i believe if granted the loan to purchase the incubator will increase the hatch rate to 85% or more.

Loan Proposal

If granted the loan i would wish to buy a Skygo Motorbike-150.
I have a very big challenge accesing farmers who are quite a distance from my location.The nature of my poultry business makes me operate from the countryside where means of transport is not very easy.Sometimes due to wealth of knowledge from my experience i tend to offer consultancy services on poultry farming.

Sometimes i may have a farmer who is really pressed with sick chicken,in this case it requires me to have fast and reliable means of transport to Cris cross and attend them fast before worse goes to worst!Delivery of my clay innovation products is also going to be very easy and economical.

Budget or the loan here:
Motorbike-$958 USD
Insurance for one year-$108 USD
Super petrol- -$33 USD
Oil-$6 USD

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,116.67

Date disbursed

Mar 30, 2015

Repayment status

Late

Projected term

58 months

Cost to entrepreneur

Service fee: 5% of $1,116.67 = $55.84

Lenders

Pranjal

Noida, Kenya

Brian

Midhurst, Canada

P

ploeger

Perkasie, United States

evinpa

United States

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

J

Jessica

Patagonia, Argentina

R

rmacaw

Australia

E

ebronken

Oslo, Norway

Namaste250

Pittsford, United States

Paula

Heerlen, Netherlands

Bobrm2k3

Charleston, United States

N

nba1999

Beijing, China

joaoferraz

RINCHOA, Portugal

Hedwich

Gorssel, Netherlands

K

kingcamo1095

Mountain Home, United States

G

guggl

Vienna, Austria

T

thebonseung

Republic of Korea

K

Kramer91

Kamerik, Netherlands

J

jmwinga

Denver, United States

J

jchysk

United States

K

Kber9156

North Parramatta, Australia

mepster

San Francisco, Ca, United States

WiscoHorndog

United States

M

Microfinance

United States

N

nshekher

United States

melissapmeier

United States

Kyle Hoback

Jersey City, NJ, United States

GaloLending

United States

F

Filipe

Netherlands

RM

Robbie McCullagh

Waverton, Australia

Lukas Petereit

Frankfurt, Germany

MW

Matt Willis

United States

KL

Kevin Law

United States

Kevin

San Francisco, United States

DB

Divya Bhat

United States

TP

Ted Power

United States

V

Vivek

Arlington, VA, United States

D

Dinu

Switzerland

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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