Loans to buy indigenous chicken (broilers) for sale

Esther Ogutu

Nyasumbi Village, Kasgunga, Kenya

100% repaid

Entrepreneur

Name

Esther Ogutu

Location

On-time repayments

135 weekly installments  •  76%

About Me

I am Esther Ogutu, 53years of age. I am married to Mr. Olela Odongo of Kasgunga Ward in Homa Bay County. Our marriage is blessed with six children (4 boys and 2 daughters). Am the 2nd 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 Mihuru in Homa Bay 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 1980. 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 in mid 80's and we have done it on a relatively small scale but on a sustainable basis to date.

My hobby is watching nettball 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 realize this goal without continuing to expand my business. I now have 150 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 19,052 to enable me buy 30 indigenous to keep for re-selling. KES 13,000 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

$190.09

Date disbursed

Sep 2, 2015

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $9.50

Lenders

T

Tmann

Los Angeles, United States

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

T

tmsaddress

Orlando, Florida, United States

J

jzidi

Los Angeles, United States

A

Aaron

Zurich, Switzerland

J

jerryq

Redding, United States

T

Tui1974

nuenen, Netherlands

P

Pavane

Kungsbacka, Sweden

dmirpuri

Bangkok, Thailand

A

akshu71

Ottawa, Canada

M

Malibu

Westwood, United States

C

chrishol

United States

J

Jonas

Linköping, Sweden

A

adiipienaar

South Africa

Paul Buchheit

Mountain View, United States

larry

Sweden

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

J

JonAlec

United States

I

idris

United States

N

Nicolaas

Doha, Qatar

M

M.Umar

Pakistan

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

M

Marco

Germany

Dave Bogard

New York, United States

JW

Jan Wisse

Brussels, Belgium

MW

Matt Willis

United States

jtreyes

United States

Herbert Morin

United States

WE

Wendy Emlyn

Devon, United Kingdom

BE

Bob Ewing

United States

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