More chicken for my egg business

Divinah

Nairobi, Kenya

7% repaid

Entrepreneur

Name

Divinah

Member since

December 2014

On-time repayments

108 installments  •  49%

About Me

I grew up in the upcountry of kenya.went through primary and high school then after high school started my farming business.High self esteem and hard work has always been my key way of dealing with hardships and achieving my goals in life.after high school i decided to busy a chicken with the little cash i had saved which hatched eggs and i now had 7 chicks 5 survived and grew up to 2 cocks and 3 chicken.and that's how i basically started my business.the place i come from curves sculptures out of quarries with a unique stone called soap stone.I love music ,traveling and helping people.

My Business

In kenya there is a chicken eating culture.people also regularly take eggs as part of their meals.this lead to me starting poutry farming.i sell eggs and chickens too.as per now i have 103 chickens and yet I started with one chicken.i chose this kind of business because I love chicken and i Know it is profitable.my main costs are on food for the chickens which would cost around KES 1600 ($ 18) per week.and aproximately each day i earn KES 800 ($9) from sale of eggs only. I only sell a few chickens at the end of the year.I use the profits to carter for my bills and also save to further my education so i can help my community.

Loan Proposal

I will use the loan to buy 8 more chicken each at $10,to increase the production of eggs for my egg selling business.this will ensure increased supply of eggs to my community and thus increased community health and also increase my earnings thus improved life.the loan will increase my profit by at least 20%.thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

Dec 16, 2016

Repayment status

Late

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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