Layer chickens & feed for my poultry farm

Betty

Kericho, Kenya

100% repaid

Entrepreneur

Name

Betty

Member since

March 2017

On-time repayments

36 installments  •  69%

About Me

I am Betty Muge. After completion of my secondary school, I struggled to start a poultry farm with one hen. I realized that this was a good venture. I increased the number through natural brooding methods. This raised my flock to 20. I could manage to get an income for subsistence. I also used to sell the poultry droppings to the farmers in order to earn extra income to enable me to buy the [poultry] feed.

My Business

My income has been through the sale of eggs from my indigenous poultry, and I can get up to ksh. 300 ($2.89 USD) a day. Capital is a big deal to expand the project, since I am inspired to improve this business to extend [the number of?] brooding chicks using an artificial brooder. I also have a plan for improving the whole system to purchase improved flocks.

Loan Proposal

I will use the loan to purchase more flocks in order to increase the numbers. $15 will be used to buy three more layers each at $5. The remaining balance of $15 will be spent on buying feeds. I will expect the profit to increase by 3% and this will help to meet the community's demand for eggs.

Show original English  

About Me

I am Betty Muge,. After completion of my secondary school, I struggle to start a poultry farming with one hen. I realized that this was a good venture. I did increased the number through natural brooding method. this raised my flock to 20.I could manage to get an income to for subsistence.
I also used to sell the poultry droppings to the farmers in order to earn an extra income on the same to enable to buy the feeds.

My Business

my income has been through the sale of eggs from my indigenous poultry where I can get upto ksh.300 a day. Capital is a big deal to expand the project since am inspired to improve this business to an extend of brooding chicks using artificial brooder.
I also have a plan of improving the whole system to purchase improved flocks.

Loan Proposal

I will use the loan to purchase more flock in order to increase the numbers. $15 will be used to buy three more layers each at $5. The remaining balance of $15 will be spent on buying feeds.
I will expect the profit to increase by 3% and this will help to meet the community eggs demand.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$170.00

Date disbursed

Aug 11, 2017

Repayment status

On Time

Projected term

2 months

Lenders

davelowe100

Perryville, United States

Tavin

Ottawa, Canada

B

Bavarian

Bavaria, Germany

B

bileiro

Mandaluyong, Philippines

Atheist4good

United States

Richard Griebe

La Jolla, United States

M

Mullagh

United Kingdom

Paul Buchheit

Mountain View, United States

M

malig

Switzerland

B

bugdaniel

Switzerland

JA

Jorge Alagon

Munich, Germany

Tsay

Taipei, Taiwan

Jeremy

Washington State, United States, United States

WE

Wendy Emlyn

Devon, United Kingdom

PG

Paul Graham

United States

Rory McLaughlin

Dallas, United States

GT

Geoff Tucker

United States

kt

Brush Prairie, United States

J

James

United States

C

Carlene

United States

JA

Jason and Sandra

Toronto, Canada

J

jeananne

United States

Andreas

Black Forest, Germany

Craig Newmark

United States

Angi

Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

John Sercel

Florence, United States

D

David

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

MK

Michael Kauer

United States

L

Logan

United States

GA

Gabe Arnold

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

RS

Rohan Singh

United States

SD

Sheri Dieck

United States

Aluric

Peterborough, United Kingdom

G

GWiz89

United States

CJ

Clarissa joshua

United Kingdom

Paul T Moore

Jacksonville, Fl, United States

WM

Will Martin

United States

BP

Bob P

United States

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  • Betty    Mar 21, 2024

    I have financial challenge currently but will resume to my normal instalments in my next payment.

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  • Betty    Jun 2, 2023

    Thanks alot for funding my project. I will buy poultry layers and feed for them and improve the poultry house.

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  • Atheist4good    Oct 11, 2017

    Sorry my account is drained at the moment and I can't give more. I love that you are now giving employment to someone else

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  • Betty    Oct 9, 2017

    I would like to clear my loan early to allow me qualify fora higher loan.

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  • Betty    Aug 4, 2017

    Hello,
    I have note receive the loan that I applied for in the last two weeks.
    Kindly advice

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  • Betty    Jul 10, 2017

    I thank the lenders for loan I received. I have increased my flock number and currently getting upto 35 eggs in a week. This will give me a total of 350 KES a week by selling an egg at 10KES.

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  • Betty    Jul 10, 2017

    I wish to clear my loan since I got extra money from a volunteer thus need to clear my loan to enable me qualify for a higher credit limit.

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  • Betty    Jun 10, 2017

    I confirmed the receipt of Kshs.2127. This help me increase the flock number of my poultry. Thank you my lenders for willing to boost my business.

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  • Betty    Jun 8, 2017

    Thank you my lenders for contributing my loan. I am delighted that this will boost my poultry farming(layers) business by increasing the flock number.

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  • Betty    Jun 8, 2017

    My loan had helped me to increase my flock number thus currently getting more eggs and better profits. This is why I managed to clear my loan on time.

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  • Betty    Jun 8, 2017

    The business yielded better profit thus need to clear loan due in order to get higher limit to boost my business.

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  • Betty    May 8, 2017

    Thank you my lenders. I have receive Kshs. 1347. This will boost my poultry project since I will use it to increase the flock number.

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  • Betty    Apr 28, 2017

    Thanks to all my lenders for funding my loan request. This loan will help me buy more layers thus increasing my flock.

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  • Betty    Apr 27, 2017

    I want to clear the remaining balance in order to qualify for a higher loan to enable me boost my project.

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  • Betty    Mar 27, 2017

    I paid Ksh.100 on 25/3/2017 but it has not yet been updated in my payment history
    Advice.

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  • Betty    Mar 21, 2017

    Big gratitude to my lenders for funding my loan.I received the loan of Ksh. 945 on March 19, 2017. My first loan will be utilized in purchasing two improved layers to start with.

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  • Betty    Mar 8, 2017

    tKhe loan has not been disbursed t my account. Kindly advice

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  • Betty    Mar 1, 2017

    Thanks for funding my loan request.I will use to venture in poultry farming where am inspired to commercialize the project in future

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