Purchase 140 chicks to raise

William

Naivasha, Kenya

100% repaid

Entrepreneur

Name

William

Member since

January 2014

On-time repayments

261 installments  •  87%

About Me

I’m 30years old and a working with USAID – Capacity Kenya Project , Gilgil District Hospital, since 2009. I my field I major on HIV/ AIDs counseling and physiological counseling. I completed my o- level certificate course in the year 2005 at a Secondary school called Amboni High School. I am a fifth born in a family of eight. Born and brought up in Nyeri County, Kieni West District, Mwiyogo location, mutura-nguru village.
After I was done with my O-Level I joined my brother in Nairobi, and I was admitted in East Africa Institute of Certified Studies, for HIV management & physiological counseling courses. During my stay in Nairobi I learnt a lot especially in my field and after I was done with my studies It was hard for me to get employment and I used to visit my brothers shop. I learnt a lot and I was later employed and posted at Elgeyo - Marakwet County and later transferred to Nakuru County, Gilgil District where I commute daily to Naivasha Town where my business is located.

My Business

I started my poultry Business, 2 years ago and it has been growing so fast. It’s my hope to open another branch and expand the business to further becoming a wholesale shop. I realized this opportunity when I was still learning and also had a passion of running my own business and become self independent.
I got starting capital from my saving. I started small but today have increased tremendously and soon I’m looking for external finance to expand since the demand is high. l sell the products at a profit margin of 20% which is equivalent to Kshs 25,000-30,000 as net profit after deducting business expenses such as house rent, electricity and wages for my two employees who usually does the supply within the town. I save the portion of the profit got from this business to meet future dreams and also to support my Higher Diploma in Counseling Physiology. well am keeping well with my poultry business here in town.Now after internalizing within my self i realized to have another opening somewhere because its not good to put all your eggs in one basket.so i have decided to start irrigation farming where i have already purchased a water storage tank.now am looking for more funding that will help me complete the whole installation.I want to start growing onions,cabbages and other horticultural products

Loan Proposal

thank you lenders for this second chance you have awarded me again .. it has been a great move to my business. i would say taht my buysiness profit has grown with 12% and hoping this second loan shall make my proft margin to raise upto 20%. i Will use my 250$ to purchase day old chicks from Kenya Agricultural Research Institute (KARI-Naivasha) which will be 140 chicks and the rest 200$ i will purchase poultly feeds and my feeding troughs ...

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$449.00

Date disbursed

Apr 11, 2014

Repayment status

On Time

Projected term

8 months

Lenders

Umair Mahmood

Raleigh, United States

Flobe

Portland, United States

J

jjonas

berlin, Germany

KM

British Columbia, Canada, Canada

juliemartha

Lake Mary, United States

I

ianb723

ROCHESTER, United States

S

smetis

Kananaskis, Canada

Sarasota

Sarasota, Fl, United States

M

mitchmk84

United States

M

marcof

Netherlands

A

ahuddell

United States

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  • Silvester    Jan 15, 2019

    I have contacted him this morning and he has promised to clear his debts soonest possible.thank you

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  • William    Dec 23, 2018

    Optional

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  • William    Dec 10, 2018

    My financial status right now is not very promising

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  • Silvester    Nov 5, 2018

    He has still promised to pay his outstanding arrears.

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  • William    Sep 24, 2018

    I lost my daughter. Its paiful but am trying

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  • Silvester    Sep 23, 2018

    Promised to pay soon.Thank you

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  • William    Aug 25, 2018

    I Will add later

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  • William    Aug 1, 2018

    Am abit down financially for now

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  • William    Jun 5, 2018

    Still trying

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  • William    May 5, 2018

    Am still in the process of repaying

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  • William    Apr 10, 2018

    I will be adding more soon.

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  • William    Jan 8, 2018

    my business is now doing better

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  • William    Dec 24, 2017

    It's my pleasure to report that I am now able to add my repayments from 100 to 250

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  • William    Dec 17, 2017

    Ian in the process of paying My school fees will be increasing later.

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  • William    Dec 17, 2017

    My great Lenders am sorry I have taken time before I updated you. Just some small challenges that occurred here .However its my pleasure to report that I received all the cash of Ksh 198,391 . I will now comfortably pay my school fees with no hustlers. This will help me change My status which will be a very big plus in my life. Once again I AM GREATFUL.

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  • William    Dec 5, 2017

    Lender's Am greatful for the support . As I had stated earlier,I will now be able to pay my school fees comfortably .Am humbled

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  • William    Nov 25, 2017

    This is how it was in my graduation

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  • William    Nov 21, 2017

    Kindly update my account.

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  • William    Nov 3, 2017

    Am feeling like I need more time to complete my payments.

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  • William    Oct 21, 2017

    Kindly Am requesting to reschedule my payments.

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