Poultry farming

Gedion Nyangweso

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Gedion Nyangweso

Member since

July 2015

On-time repayments

285 installments  •  93%

About Me

I was born in 1954 in Western Kenya that is now Kakamega County in Butere District .
I went to Primary School between 1969 to 1976 in Butere .
In Secondary School I went between 1979 to 1980 in Kisii .I am married to one wife with six children all of them are grown up ,they have graduated from the university and are taking care of themselves.
After High school a got a casual job with world vision kenya and I worked with them for 10 year.Their after out of my savings that I got during employment I used it to develop a business (poultry farming) with my wife.

My Business

As stated when I was giving my Biography, I and work with my wife in the poultry farm.We have also diversified and are now trying crop farming and animal rearing.
The Poultry farm has been in existence for over five years . We supply live chicken to the neighbors and also eggs . Due to consistency since we started we have a stable customer base.
The business is profitable because there is high demand for white meat and especially the local chicken which is what we are keeping and also the eggs which are preferred by most people.
The main challenges are diseases and feed which are very expensive especially when the birds are few in number.
My typical monthly cost of running the business is approximately US$300 while gross profit or income before these expenses is usually approximately US$480.
I have started diversifying my agribusiness to include goat keeping n half acre maize cropping to help feeding
I believe that the funding will come because if I get it now I will be able to buy many birds in readiness for the market.
We have from last year seen the need to diversify including in our business crop growing and a few animals which are doing well.

Loan Proposal

I will buy additional young chick at 20 @$3 =$ 60
Chick feeds $ 198
Vaccines $ 50

This will enable me to feed 100 birds in total and keep the in good health.
I have o e person who mans these birds making sure they are fed and watered

Feedback

2

None

None

  • Margaret    Oct 12, 2017

    Gedion paid his loan off in a timely manner, I would gladly lend to him again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.68

Date disbursed

Dec 16, 2016

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: $12.40

Lenders

investor

Candiac, Canada

TG

The Gwarden

Göteborg, Sweden

Umair Mahmood

Raleigh, United States

DeanDropshot

Oslo, Norway

F

Fiodal

Helsinki, Finland

T

traderjohn

Baltimore, United States

Pere

Barcelona, Spain

C

cjmenchaca

Austin, United States

Kysera

Crawfordsville, United States

TK

Tim Koppel

WOLLONGONG, Australia

beverly

Vancouver, Canada

P

paixful

Coalhurst, Canada

J

jjonas

berlin, Germany

HE

help each other

Glasgow, United Kingdom

G

grahamfamily

Guildford, United Kingdom

indeh

London, United Kingdom

Cloudways

Malta, Malta

O

Orenius

Tacoma, United States

Bruno

São Paulo, Brazil

M

mkellerman

Shanghai, China

fairspirit

Utrecht, Netherlands

camilberlin

Berlin, Germany

K

KnutG

Bergen, Norway

M

Morgue

Brighton, United Kingdom

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JPadgett

Chandler, United States

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

S

seikatsu

Palo Alto, CA, United States

tonnyschonewille

Maastricht, Netherlands

dmirpuri

Bangkok, Thailand

Matthieu

Switzerland, France

xtrahardware

Cazenovia, United States

S

Sjors

Eindhoven, Netherlands

E

E

Marin county, United States

Evan Lamos

Brussels, Belgium

G

guggl

Vienna, Austria

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

M

Malibu

Westwood, United States

D

drorm

United States

G

geoff

United States

S

spivurno

United States

Pankratio

EastVan, Canada

joshuacollinson

Vienna, Austria

J

jbhernan

United States

P

Panda6689

United States

TyWee

Manila, Philippines

A

Akowal

United States

Loungin

United States

Bryan

Houston, United States

J

JeremyR

United States

GaloLending

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Haim Si

Mexico, Mexico

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

N

Niels

Berlin, Germany

AL

Amy Luo

United States

Cassian Opara

London / Dubai, United Arab Emirates

Jamie

Dublin, Ireland

wissam

Jeddah, Saudi Arabia

M

Magnus

Switzerland

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Benjamin Kniaz

Boston, United States

Humble Bundle Community

San Francisco, United States

Grégoire

Zurich, Switzerland

R

Ralf

Germany

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Dean Suminski

Portland, Oregon, United States

A

Anonymous

United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

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