Modernization of my poultry farm

Moses Esemele

Kinoo Nairobi, Kenya

100% repaid

Entrepreneur

Name

Moses Esemele

Member since

November 2014

On-time repayments

236 installments  •  78%

About Me

I'm a father of two children and a husband, a God fearing person,i practice organic farming, my business is are purely in agriculture in poultry, bee keeping, and avocados, I have been doing farming now for over 10 years.

My Business

my main business is poultry farming, and bee keeping, generally I do Agri business, I sell eggs, I sell chickens, I sell honey, I sell avocados, and sometimes depending on what is the market that is what I go for, to provide service to my clients and earn a living. My main activity is the poultry business because I sell eggs and chicken for meat, my poultry are pure organic or kienyeji or otherwise known as free range chicken.

Loan Proposal

The loan will help be upgrade my farm to a modern poultry farm, I want to buy an incubator that has a capacity of 100-200 eggs, which will cost 45000 kshs, solar panels which will cost 35000 kshs, Battery which will cost 15000 kshs, cables and bulbs which will cost 5000 kshs, Fridge which will cost 18000 kshs, Food for the chickens which will cost 30000 kshs, Renovations of the poultry house which will cost 16000 kshs, medications for the chickens which will cost 8000 kshs, on an average I make 80,000 kshs a month from the chicken business, on a great month I make above 100000 kshs, I feed, cloth, pay rent, pay school fees, and take care of my family through this business, the profits will enable me grow to a big business, where I will even start to teach on farming how to get skills. With the modernization i will be able to sell one day old chicks, and eggs, i will be able to make profit from three sources, chicks, eggs, and meat, plus now i will be able to up my business from retailing in local market to even supermarkets. my modernization plan will zero electricity bill, since the incubator has be on continually without going off, i will only have to get enough food and medications and build a great house that has more space and warmth.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,685.04

Date disbursed

Jul 3, 2018

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $71.00

Credit risk payment: $284.01

Lenders

Bobrm2k3

Charleston, United States

TomF925

www.AfricaLeap.com, United States

John Minges

United States

M

Margaret

United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

James Douglass

Sydney, Australia

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  • Moses Esemele    Jun 21, 2020

    Dear lenders my apologies for I defaulted but I will start to pay little by little this month

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  • Moses Esemele    Jan 10, 2020

    Dear lenders my sincere apologies for defaulting I will start repaying my loan this month

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  • Moses Esemele    Nov 20, 2019

    Dear lenders I'm very sorry for defaulting but this month I will begin to pay slowly again,

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  • Moses Esemele    Oct 6, 2019

    Dear lenders I'm so sorry that I have defaulted but I'm recovering will begin to pay full amount.

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  • Moses Esemele    Aug 28, 2019

    The business is low but things are going to get better soon

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  • Moses Esemele    Jun 23, 2019

    Business is working progress

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  • Moses Esemele    Jun 23, 2019

    Business is slow but its picking slowly

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  • Moses Esemele    May 19, 2019

    Helping a sick family member

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  • Moses Esemele    Apr 25, 2019

    There is sickness in the family and I have to chip in to help.

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  • Moses Esemele    Apr 16, 2019

    Dear lenders I got my first batch of chicken feed, chick mash, growers and layers.... More stuff coming soon I will update

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  • Moses Esemele    Apr 10, 2019

    Dear lenders thank you for the loan, I'm looking forward to equip my poultry farm,i am going to buy feeds for chicks laying hens and cockerels ,I will buy vaccines for the birds, I will also buy an incubator and build a houses for the birds and also boost my bee keeping business,

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  • Moses Esemele    Feb 15, 2019

    Dear lenders the loan was funded and I reiceved it, but it's been over 14 days and there is no disbursement. I have e not been notified of any problems I stuck in my poultry business, because I expanding.

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  • Moses Esemele    Jan 29, 2019

    Dear lenders thank you very much,may God bless you. Now I will be able to my project.

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  • Moses Esemele    Jan 16, 2019

    Dear lenders I would like to sincerely thank all of you for the assistance you have given me and my family, currently I'm able to take care of my responsibility as a father and the head of family, life is going well thanks to you. may God bless you.

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  • Moses Esemele    Jan 16, 2019

    Dear lenders I would like to sincerely thank all of you for the assistance you have given me and my family, currently I'm able to take care of my responsibility as a father and the head of family, life is going well thanks to you. may God bless you.

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  • Moses Esemele    Jan 9, 2019

    Dear lenders God has been good to me all is moving well though slow and steady but its OK for as along as I'm able to meet my needs for my family and keep my business growing. Looking forward to Improving what I already have

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  • Moses Esemele    Sep 4, 2018

    Dear lender thanks to God just did my sale of 180 chickens ,I received my payments on time I decided to do a lump sum repayment to you, I'm still setting up my farm, to a modern facility, so far I bought the solar particulars now I am working on the House of the Chicken.

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  • Moses Esemele    Jul 24, 2018

    Getting my whole sale of chicken from end month towards the next month.

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  • Moses Esemele    Jul 17, 2018

    Dear lenders the solar panels have been installed, the solar power controllers are also installed, the batteries are connected, now working on getting a great incubator.

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  • Moses Esemele    Jun 26, 2018

    Dear lenders let me thank you in advance, the loan is going to take my dream from a small Idea to a big modern idea .My family will be the beneficiary of the profits and the people who will be working with me . Thanks God bless.

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