Loan to purchase chicks for rearing & vaccines

Veryana Achieng'

Kombe Village, Kenya

2% repaid

Entrepreneur

Name

Veryana Achieng'

Member since

July 2015

On-time repayments

10 installments  •  0%

About Me

I am Veryana Achieng', 25 years of age. I am married and our marriage is blessed with two children (1 boy and 1 daughter). Am the 5th born in a family of 6. Grew up in a rural set up hence adhered to the hard times and tough conditions but I thank God I made it through. Attended primary education in my rural village of Ngere in Kisumu County hence started having a keen interest in owning up my own business in future.

I did not continue with my education after sitting for my primary education final examinations in 2006. I got married and since my husband was unemployed, we had a good opportunity to start an income generating activity that could financially support our young family. This is what led us to start small-scale poultry keeping and we have done it on a relatively small scale but on a sustainable basis to date.

My hobby is watching netball and visiting the needy in orphanages and hospitals whenever am free.

My Business

I am doing poultry rearing (indigenous chickens for meat and eggs laying). The business has been facing a series of challenges due to chicken sicknesses and lack of chicken vaccinations. I am seeking a low interest loans to enable expand my business and do a profitable venture as there's a huge demand of eggs in my Mbita community as this is a fishing community and eggs are in high demand.

My eyes are still set on my long-term goal of being one of the major egg producers in my locality. I will certainly not be able to realise this goal without continuing to expand my business. I now have 50 chicks that I bought and have started to lay eggs that I supply to local hotels and other establishments with a good return. It is for this reason that I want to expand my business further to meet demand for eggs that I know for sure will still grow.

I now wish to improve my old dilapidated chicken house in which I will be able to house a big number of layers. This is with the aim of realizing my long-term goal of being one of the major egg producers in my locality.

Loan Proposal

I am seeking a loan of KES 9,653 to enable me buy 50 indigenous to keep for re-selling. KES 2,500 will be used to improve my poultry housing structure for my chicken so as to create more space since I am expecting young chicks soon from the incubator. Increase in my poultry stock also calls for availability of more feeds. I will therefore use the balance cash to restock feeds for my young and old chicken. This will be a security and guarantee to realizing the vision I have for my poultry farming.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.52

Date disbursed

Jul 21, 2015

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $4.98

Upon joining Zidisha, Veryana paid a lifetime membership fee of $8.73.

Veryana opted to pay $26.19 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

A

Anninymouse

Southampton, United Kingdom

A

arenk

Karlsruhe, Germany

S

syklop

Lausanne, Switzerland

G

geoffk

Brisbane, Australia

J

JBosshardt

Redmond, United States

T

Tec69200

Jacksonville, United States

M

m_dennis

Toronto, Canada

J

jdhowa2

Louisville, KY, United States

R

RosemariHerrero

Stockholm, Sweden

G D Export

Kolkata, India

EmilAsker

Lomma, Sweden

B

bhalter

Eau Claire, United States

S

Snake707

Somewhere, Germany

R

RamonF

Zurich, Switzerland

T

toscoman

Adliswil, Switzerland

B

blue0green717

St-Lucien, Canada

element

Trondheim, Norway

P

planespotter

Berlin, Germany

trincowski

Vilar, Vila do Conde, Portugal

MD

Miles Dodge

CORVALLIS, United States

John Minges

United States

NB

Neil Barnes

Molalla, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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