New structure for my poultry business

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

I wish to expand and modernize my structure. I currently have a traditional structure that more nor less just serves as a shelter for my chicken. My veterinary consultant has also advised me to do this so as to minimize the risk of the chicken contracting diseases. The new structure will be raised from the ground to reduce cold as well as make it easier for cleaning. The floor of the structure will meshed such that chicken waste falls below space below. this will also ensure that the chicken reside in a clean and healthy place. On the top, the structure will be roofed with three iron sheets. A layer of card board willm be placed below the iron sheets to ensure moderate temperatures throughout. A locable panel will be developed at one side of the strucure, where the chiken will access food. The cost of the structure are as follows: 3 iron sheets @ $20, the card board layer @ $20, 4 strong poles $20,hesh wire @ $30, other timber materials @ $20, labour @ $30 and other miscellaneous @ $10.

Feedback

5

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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.

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  • 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

$150.00

Date disbursed

Jul 14, 2014

Repayment status

On Time

Projected term

2 months

Lenders

fairspirit

Utrecht, Netherlands

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

A

AaltvM

Netherlands

T

tmarkus

Netherlands

Leonardia

Waddinxveen, Netherlands

DennisM

Netherlands

K

KiraDee

United States

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