Nyagacho rabbit farm

Victor

Kericho, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

March 2016

On-time repayments

196 installments  •  40%

About Me

I'm brought up in a family of five and we practice agriculture that has so far financed every activity.
As a child i aspired to get a well paying job after my education,but this has not materialized.Iam a graduate in business management but i have chosen to practice agriculture because i saw how beneficial this was to our family as a source of income.
My future plan for my children is to raise them to be flexible in different activities as income requires flexible minds in the ever changing world.
I enjoyed hunting with my friends and this is a hobby i enjoy very much.

My Business

I started a rabbit farm after a short training that targeted the youth in our area on how to be self employed.People buy rabbit fur,meat and also seek for assistance in construction of warren.I currently have fourteen herd of rabbit.
I chose this business because its unique as there was only one person practicing this in our area,and after discussion with him,i realized it had good income.
Rabbit keeping has costs for buying rabbit feeds,pet doctor service costs,construction of rabbit warren costs and transportation to various clients.
I'm currently reinvesting my profits back by buying different rabbit breeds and this has also enabled me to buy one dairy cow, I'm looking forward to diversify my activities as this will boost my income.

Loan Proposal

With this loan i will construct spacious warren costing 195 dollars to accommodate a large number of rabbits.
With this i will be able to increase my production and income as many come for as pets,and a good number like meat.
I project a good profit as a bunny currently goes for 15 dollars, and i sell a kilo at five dollars.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Mar 23, 2016

Repayment status

On Time

Projected term

9 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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Summary

Amount repaid

$209.99

Amount remaining

$0.00

Date repaid

Nov 14, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 2, 2016 $5.04 Apr 2, 2016 $5.04
Apr 9, 2016 $5.04 Apr 9, 2016 $5.04
Apr 16, 2016 $5.04 Apr 15, 2016 $5.04
Apr 23, 2016 $5.04 Apr 22, 2016 $5.04
Apr 30, 2016 $5.04 Apr 22, 2016 $5.04
May 7, 2016 $5.04 May 4, 2016 $5.04
May 14, 2016 $5.04 May 4, 2016 $5.04
May 21, 2016 $5.04 May 31, 2016 $5.04
May 28, 2016 $5.04 May 31, 2016 $5.04
Jun 4, 2016 $5.04 May 31, 2016 $5.04
Jun 11, 2016 $5.04 Jun 13, 2016 $5.04
Jun 18, 2016 $5.04 Jun 24, 2016 $5.04
Jun 25, 2016 $5.04 Jun 24, 2016 $5.04
Jul 2, 2016 $5.04 Jun 24, 2016 $5.04
Jul 9, 2016 $5.04 Jun 24, 2016 $5.04
Jul 16, 2016 $5.04 Jul 22, 2016 $5.04
Jul 23, 2016 $5.04 Jul 22, 2016 $5.04
Jul 30, 2016 $5.04 Jul 30, 2016 $5.04
Aug 6, 2016 $5.04 Aug 9, 2016 $5.04
Aug 13, 2016 $5.04 Aug 14, 2016 $5.04
Aug 20, 2016 $5.04 Aug 29, 2016 $5.04
Aug 27, 2016 $5.04 Aug 29, 2016 $5.04
Sep 3, 2016 $5.04 Sep 4, 2016 $5.04
Sep 10, 2016 $5.04 Sep 16, 2016 $5.04
Sep 17, 2016 $5.04 Sep 17, 2016 $5.04
Sep 24, 2016 $5.04 Sep 29, 2016 $5.04
Oct 1, 2016 $5.04 Sep 29, 2016 $5.04
Oct 8, 2016 $5.04 Oct 28, 2016 $5.04
Oct 15, 2016 $5.04 Oct 28, 2016 $5.04
Oct 22, 2016 $5.04 Oct 28, 2016 $5.04
Oct 29, 2016 $5.04 Oct 28, 2016 $5.04
Nov 5, 2016 $5.04 Oct 28, 2016 $5.04
Nov 12, 2016 $5.04 Oct 28, 2016 $5.04
Nov 19, 2016 $5.04 Oct 28, 2016 $5.04
Nov 26, 2016 $5.04 Oct 28, 2016 $5.04
Dec 3, 2016 $5.04 Oct 28, 2016 $5.04
Dec 10, 2016 $5.04 Oct 28, 2016 $5.04
Dec 17, 2016 $5.04 Oct 28, 2016 $5.04
Dec 24, 2016 $5.04 Oct 28, 2016 $5.04
Dec 31, 2016 $5.04 Oct 28, 2016 $5.04
Jan 7, 2017 $5.04 Oct 28, 2016 $5.04
Jan 14, 2017 $3.50 Nov 14, 2016 $3.50

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