Mogire
Eldoret, Kenya
$0 to go
100% funded of $50 goal
0
days left
Name
Mogire
Member since
November 2014
On-time repayments
6 installments • 0%
I am 25 years of age and single .Professionally i am a secondary school teacher currently teaching at Eldoret college of professional studies.I finished high school with good grades that enabled me to join university.After completion i have not been able to secure good job and the finances that i get from the local commercial college has not been enough to fulfill my dream of starting a poultry business.This is mainly because the few resources i get i have been redirecting to support my siblings in school.Despite the less resources that i am able to get,i have managed to buy five hens but i am not able to build a good shed for them.Equally i could like to expand the business and hence meet the high demand of eggs and chicken in the area where i stay that is a border point between kisii and Luhya community that is well known for their preference of chicken.
I love watching soccer and studying business documentaries and journals.I have really thrived through life's challenges but i have not lost hope in my dreams of owning a poultry farm to fill the gap that exist in my village .
I intend to expand my already started poultry business to meet the growing demand for eggs and chicken in my area.I live in border point of Kisii and Luhya that have a re known culture of consuming chicken.Savings from my small salary has been my main source of income.The cost of running a poultry business of 150 chicken is 170 US Dollars a month and the expected revenue in the passage of time is 300 US Dollars a month.
I intend to reinvest half of the profits to expand the business and use the rest to grow myself.
With Ksh 3393 I intend to buy a first batch of 6 more chicken to add to my existing 5 chicken.This will enable me increase the production of eggs in the first 3 months that i intend to re hatch with the existing chicken and hence increase the number of chicken in the first year.
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Nov 14, 2014
Repayment status
Late
Projected term
6 weeks
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