Name
Simon
Member since
June 2016
On-time repayments
40 installments • 68%
My Names are Simon Githaiga, am the 2 born in a family of 4. i started schooling in 1992 at Mwireri primary school later joined Anester Secondary School then to Egerton university where i studies Livestock Production. i started working immediately after my university completion i got finance from my mother who struggled this made me work very hard to support her. i knew that chicken were in demand and the profit margin is very good. in our area the climate favors chicken and the market there is road to town which makes it easy for transportation. when free i love playing football and reading inspirational books.
i sell eggs and chicken to others farmers and to hotels. i noticed that its the only business where there is no loss and the demand is high because most of people want to keep chickens and hotels and there is people from outside country who comes and offers market to poultry farmers . i chose this business because by then i had no capital and they only place i was given was small for cash crop farming and i loved poultry business since childhood. i usually spend like 30,000ksh per month for food and drugs fro chicken. and my monthly income is 60,000/= i save my money because i want to upgrade my farming skills and i want to increase the number of chicken. i need more money for construction and for buying of chicks.
The demand for chicken from the farm has now outstripped our supply and would now wish to increase the number of chicken this year therefore buying more broilers and layers. This requires further expansion of the chicken house to give them space for feeding and breathing. i usually gets like 60,000/= per month and with the increase of chicken from 300 to 500 this will double my profit. all i need is finance to facilitate this project and employ 2 youths to help me to achieve my goals of poultry farming and been the leading firm in our area.
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Project Type
Classic Loan
Disbursed amount
$55.00
Date disbursed
Jul 14, 2016
Repayment status
On Time
Projected term
8 weeks
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