Multipurpose chaff cutter for my farm

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

Dear lenders thank you for having contributed to my last loan.I take this chance to persuade you to contribute to my loan application.I am planning on purchasing a locally made multipurpose chaff cutter costing
$285 .It will tremendously cut down on my reccurrent cost on chicken feeds.Having expandend the cost of feeds is appearing to be so high.The machine will help me grind maize and cobs mixed with various nutrients for my chicken and my communitys' chicken since most of them are rearing on a small scale basis.I am planning on venturing into cattle rearing and am looking forward to also use the machine to cut the animal grass.For business i expect the locals here to fetch me an average of $0.8 daily for milling their feeds.With this i expect to save all through the week to repay you but i will supplement with other income including that from sell of chicken and eggs.I take this chance to pursuade the lenders to kindly contribute to my loan application to help me realize more success and improve the living condition of family and society as a whole. With your help hope is always reborn in me.Thank you great guys.

Feedback

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  • Margaret    Jul 17, 2017

    Edwin is an excellent mentor and businessman. He is a pleasure to work with and I will be happy to lend to him again.

    Log in to reply • Share
  • Mary    Jul 6, 2017

    Edwin is an excellent borrower. He has a clear vision of where he wants his business to go and has the skills necessary to get there. He is an impressive entrepreneur!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$268.00

Date disbursed

Aug 4, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

ads68

Melbourne, Australia

Bhayl

Stavanger, Norway

fairspirit

Utrecht, Netherlands

S

solarkismet

Logan, United States

ShaneHeneghan

Galway, Ireland, Belgium

Evan Lamos

Brussels, Belgium

mepster

San Francisco, Ca, United States

Leonardia

Waddinxveen, Netherlands

DennisM

Netherlands

J

jamdal

Australia

MW

Matt Willis

United States

Matt B

Stratford Upon Avon, United Kingdom

H

Hakon

Drammen, Norway

ES

Ed Sikorski

United States

JS

Johan Steen

Malmö, Sweden

wissam

Jeddah, Saudi Arabia

Douglas St Quintin

Sydney, Australia

Carl D Patterson

United Kingdom

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