Modify chicken house and buy back up generator
Edwin
Nyatieko, Kenya
100% repaid
Entrepreneur
Name
Edwin
Member since
June 2014
On-time repayments
268 installments • 61%
About Me
I dropped out electrical engineering class from Moi university in the year 2010. I was forced to drop out of university due to problems in paying my fees but since then i found pleasure doing poultry farming. I was selected to be one of the youths in my county to pioneer a poultry farming project dubbed 'kicking away poverty one chick at a time'. The project, aimed at alleviating poverty among young adults in my county, involved donating one hen, one cock and two chicks to selected youth. With little help from wages i had made working in a local brewing den here in my village where i was paid 2 dollars a day to help in brewing an illicit brew called chang'aa where i managed to buy 2 hens per week.I have since then been successful and I now own close to 200 chicken at any given time. I believe that I can grow my business and take it to the next level. My dream is to be a model poultry farmer in my county, and possibly inspire as many youths as possible to consider agribusiness as a serious and viable business undertaking. With the couple of loans zidisha have given me since year 2014 it has helped improve my farms earnings and am happy to report that i managed to go back to university and got admitted as a second year student in the school of business management, and my hope is that my business will be able to support me through.I also dream to run a multiple number of businesses in the future for instance electronics which i dealt with when i first joined university in the year 2007.
My Business
I rear chicken and I am currently listed as a supplier in a local schools where I supply eggs and occasionally, chicken.I also supply eggs in near local shopping centers close to my home and my hometown too.I currently have 200 egg-laying chicken and I supply 10 crates of eggs per week (300 eggs). This earns me approximately 50 dollars per week. I also occasionally sell an average figure of 10 chicken a week earning 40 dollars. This translates to an average of 350 dollars per month. I also have expenses as follows: chicken feed- 100 dollars, veterinary services- 50 dollars and other miscellaneous expenditure of about 50 dollars. Zidisha has helped me also purchase a chaff cutting machine which has also proven resourceful since it can earn me an average figure of 10 dollars a week from grinding chicken feeds from various farm remains that i sell to my surrounding community.Zidisha loans also helped me acquire a computer set and a printer which has improved the efficiency in my farm more so record keeping of farms sales and purchases.I recently acquired two cows that are yet to be productive.My farm has three casual employees who are currently assisting me to do the farm work and i pay them total of 100 dollars per a month. My personal living expenses have since improved from about 100 dollars to 170 dollars per month.
Loan Proposal
Thank you Zidisha team for the first loan you extended to me.
In my second loan, I wish to modify the shelter of my poultry house. due to the increasing number of my chicken, I have been advised my veterinary doctor to expand my premises. This will ensure that all the chicken I rear grow at optimum health, which will in turn reduce mortality rate. this will be done at a cost of 50 dollars.
I also wish to buy a back up generator to ensure that the chicken receive enough lighting throughout. I live in an area where power outages are very frequent, and this can distort the feeding regime of the poultry, thereby limiting their growth. by buying a back up generator, I will be assured that the poultry's feeding regime is not interrupted and that their overall health and growth will not be compromised. a back up generator costs 100 dollars.
I will be paying the loan from the proceeds of my chicken supply business.
Thank you for your support thus far and I hope to form a long term business relationship with you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Oct 16, 2014
Repayment status
On Time
Projected term
2 months
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Margaret Jul 17, 2017
Mary Jul 6, 2017
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