Entrepreneur
Name
Florence
Member since
February 2014
On-time repayments
280 installments • 51%
About Me
I live in Bamburi Kiembeni and worked as a secretary at Mombasa hospital (private sector) in Dr. Kibwana's clinic. I decided to start my own business as a poultry farmer. I do the farming in my compound. I rare 500 chicken at an interval of three weeks. (I mainly deal with broilers). I have a family of three. (1 – College level, 1 –secondary level, 1 – primary level) Through this business I pay school fees for my three children and I plastered my house as well as cater for general house hold needs.
My Business
I supply the chicken to several hotels and restaurants around Mombasa. They includes; Pwani Paradise Hotel (Nyali), Island Breeze (Mombasa CBD), Shanny Restaurant (Food court) Mombasa CBD and local businessmen and residents within Bamburi. I sell one chicken @400 to the restaurant and local businessmen and residents @350/=. I buy one chick @60/=, purchase feeds of 50kg starter @3750/= and finisher of 50kg @3250/=. 500chicks consume around 25bags (10starters & 15finisher). Though there are a number of farmers in this field, most of them do this farming seasonally mainly on festive seasons e.g. Christmas, Easter. What make me maintain my customer is the constant supply of chicken through out the year.
Loan Proposal
I would like to increase my poultry stock which will enable me make more profits.
the profits i make i will pay fees for my children starting from the eldest who is sitting for her last exam this month in the university
Second i pay for my second daughter who is also sitting her secondary exam, and also for my last born son.
In case of extra profits then i would like to create another business of layers.
I do rare broiler chicken which i sell for meat but then i will also introduce the layer type lay eggs since eggs are now scarce in our area.
Feedback
Positive
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Neutral
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Loan Info
Project Type
Classic Loan
Disbursed amount
$256.00
Date disbursed
Sep 16, 2017
Repayment status
Late
Projected term
27 months
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Ahadi Jul 1, 2017
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