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

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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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Summary

Amount repaid

$1,685.04

Amount remaining

$0.00

Date repaid

Jan 8, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 15, 2018 $64.05 Jul 16, 2018 $64.05
Jul 22, 2018 $0.00
Jul 29, 2018 $19.72 Jul 25, 2018 $19.72
Aug 5, 2018 $19.72 Jul 25, 2018 $19.72
Aug 12, 2018 $19.72 Jul 25, 2018 $19.72
Aug 19, 2018 $19.72 Jul 25, 2018 $19.72
Aug 26, 2018 $19.72 Jul 25, 2018 $9.81
Aug 28, 2018 $9.90
Sep 2, 2018 $64.80 Aug 28, 2018 $64.80
Sep 9, 2018 $64.80 Aug 28, 2018 $23.84
Aug 31, 2018 $40.96
Sep 16, 2018 $64.80 Aug 31, 2018 $64.80
Sep 23, 2018 $64.80 Aug 31, 2018 $64.80
Sep 30, 2018 $64.80 Aug 31, 2018 $64.80
Oct 7, 2018 $64.80 Aug 31, 2018 $64.80
Oct 14, 2018 $64.80 Aug 31, 2018 $64.80
Oct 21, 2018 $64.80 Aug 31, 2018 $64.80
Oct 28, 2018 $64.80 Aug 31, 2018 $64.80
Nov 4, 2018 $64.80 Aug 31, 2018 $64.80
Nov 11, 2018 $64.80 Aug 31, 2018 $64.80
Nov 18, 2018 $64.80 Aug 31, 2018 $64.80
Nov 25, 2018 $64.80 Aug 31, 2018 $0.82
Sep 3, 2018 $63.98
Dec 2, 2018 $64.80 Sep 3, 2018 $49.34
Sep 23, 2018 $15.46
Dec 9, 2018 $64.80 Sep 23, 2018 $33.81
Oct 24, 2018 $30.99
Dec 16, 2018 $64.80 Oct 24, 2018 $64.80
Dec 23, 2018 $64.80 Oct 24, 2018 $2.75
Nov 23, 2018 $62.05
Dec 30, 2018 $64.80 Nov 23, 2018 $16.78
Jan 8, 2019 $48.02
Jan 6, 2019 $64.80 Jan 8, 2019 $64.80
Jan 13, 2019 $64.80 Jan 8, 2019 $64.80
Jan 20, 2019 $64.80 Jan 8, 2019 $64.80
Jan 27, 2019 $64.80 Jan 8, 2019 $64.80
Feb 3, 2019 $64.80 Jan 8, 2019 $64.80
Feb 10, 2019 $31.96 Jan 8, 2019 $31.96

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