Expanding my poultry business

Job Omondi

Nyamira, Kenya

32% repaid

Entrepreneur

Name

Job Omondi

Location

Nyamira, Kenya

On-time repayments

78 weekly installments  •  86%

About Me

I was born in 1992,in a small town in Nyamira county in the republic of kenya.i successfully went to Nyangoso primary and finished from there 2006.I then joined Nyambaria school where I finished from with my o level certificate in the year 2009.the year 2010 I went to senator Kebaso and started from form 3 then I finished from there 2011.Due to lack of money I opted to do activities such as rearing of hens so as to get my daily bread. Have also ventured in farming especially beans and bananas whereby I harvest beans twice annually and for bananas at least twice to three times a year. This has been able to give me sustainable income to venture into photography whereby am making reasonable a mount per week of up to 15 dolars.T hat way am able to support my family and access better health care. I am planning also to further my education so as to achieve my childhood dream of being a literature teacher. Apart from my busy business routine, am a good footballer and volleyball, I also like singing having been brought up in a christian setting. Hope my story gives hope to someone.

My Business

Following my good experience in poultry Farming since childhood, I have resorted to apply this knowledge to earn cash. I begun with a single hen and currently I have reared up to 30 chicken. There being a good market with a high demand for chicken products, I have been highly motivated to this chore. I sell both eggs and chicken in my locality and would wish to supply my products in a larger scale to the neighboring towns in future. Nevertheless like any other beautiful woman there is a spot in this business. I face various challenges including but not limited to competition from peers with more capital to run the operations like ferrying the eggs or chicken and tropical diseases that have claimed up to 10 of my hens. Even so I am determined to be the best in this. On average I make 15 dollars a week. Any financial assistance will go a long way in increasing the number of hens and expanding my poultry business. In future I will venture into a variety of poultry and their products.

Loan Proposal

Once the loan advanced to me is successful, I would increase the layer type of hens this is a compelling reason due to having an incubator at my farm it will be important by hatching chicks from own eggs which will enable me maximize profits while minimizing expenses.
I will also use the same in building more of the cages for the hens which will support over 200 layers.
Will increase the number of feeders and drinkers for the hens which will be sufficient in terms of the ratio of poultry farming .

Income Source

Indeed many businesses face economic challenge, the kind of business project am pursuing is gaining momentum due to the economy being opened gradually and being that am situated in a town and the hotels have opened I will be supplying eggs and hens for meat.
I will also be selling one day old chicks due to the securing of an incubator from my previous loan proceeds.It will be enough to be sorting the business and the loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$372.96

Date disbursed

Sep 30, 2020

Repayment status

Late

Projected term

4 months

Cost to entrepreneur

Service fee: $36.02

Credit risk payment: $36.02

Lenders

MarktheMormon

Sandy, Utah, United States

C

cyrilleberger

Gammalkil, Sweden

juliemartha

Lake Mary, United States

Stefano Bertolo

Luxembourg, Luxembourg

B

bscent

Hong Kong

JT

John Tabacchi

United States

T

Tom

United States

BS

Brandon S

United States

Ed

Howells, United States

Romesh Fernndo

Perth, Australia, Australia

D

David

United States

M

Mary

United States

A

Anne

United Kingdom

JT

Joanne Thompson

United Kingdom

Raoul

Germany

Chris

Fairfax County Virginia, United States

E

EJOBIV

United States

Genuine Interest

Singapore, Singapore

G

Georg

Germany

Joost

Noord Brabant, Netherlands

Mark Wilco

Columbus, OH, United States

C

Camm

Australia

World Centric

Sonoma County, California, United States

RS

Russel Stanbery

Columbia, United States

David Hopkins

United States

R

Ru

New York, United States

Black and White Zebra

Vancouver, Canada

Babbitt Family Foundation

Sioux Falls, SD, United States

JI

James Innes

United Kingdom

A

Andy

United States

Ask Job a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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