John
Nakuru, Kenya
100% repaid
Name
John
Member since
May 2015
On-time repayments
292 installments • 68%
This is my 3rd Zidisha loan funding attempt.
Well, am not entirely new to the Zidisha family, but I will introduce myself once again for the new Zidisha members. I am Kenyan by nationality and my names are John Thiaro. I come from Kenya which is famous for the world-renowned athletes Joyce Chepchumba, Paul Tergat, Vivian Cheruiyot, Philip Boit and many others who have won numerous awards internationally like the Boston marathon, Olympics and so forth.
I was born and raised up in a town known as Nakuru which is approximately 125 miles from our capital city of Nairobi. Nakuru is the 4th largest town in Kenya.
We are a family of 8, 5 brothers and 3 sisters. My parents are retired police officers, but my father passed on in 2010.
I am the 6th born in our family and the youngest amongst the boys (or men if you like as we are all grown up).
I have a family that who include my loving wife Mercy and 2 daughters and a boy. Kathy - 7 years, Emilly - 5 years and Jerry - 7 months.
I am very passionate about nature and conservation and I love wildlife safaris, am a trained safari-guide and have worked in several of our wildlife conservation areas such as Maasai Mara and other parks. Ornithology is a hobby I dearly love and enjoy.
Currently, my main business is keeping of chicken both for meat - broilers, and for eggs layers. The chicken for eggs are both hybrid and free-range chicken as the my customers love both of this varieties.
I want to become a broker for chicken eggs and chicken meat to be supply to hotels, schools and large institutions.
Due to the rapid expansion of my business, I bought a Motorbike with my 5th Zidisha loan. This has really assisted my business as I got to supply my products where I previously could not be able to.
My profits have since increased by more than 70% and am very very grateful to all Zidisha lenders. My families lifestyle has changed for the better and each new day is a blessing to us.
I am able to pay our 2 children's school fees, cloth and cater for their day to day effortlessly because of my business whose foundation is Zidisha!
As I had informed you earlier, the expansion of my chicken and eggs supply as has made me have about triple the number of customers I had when I started this business. With the availability of the van, I will easily be able to offer chicken products in a diversified market at a more competitive price than that of other business-men in the same work.
This has necessitated me to not only source the products from my farm but also outsource from other farmers as I cannot cope with the high demand.
This is the reason, I was planning that with the able and good Zidisha lenders, I will make this a reality by purchasing a station wagon or van if you like. The most popular in my country are Toyota Probox or Toyota Succeed. This a hardy vehicle which is relatively cheaper than other models and consumes very little fuel.
The vehicle's maintenance is low and when you fold the rear seat, I will be able to supply my goods to various hotels in town and the outskirts of my town.
I will then resell the motorbike and add a little of my savings towards achieving this goal.
This is my second loan from Zidisha and and the first one was very encouraging and successful!!! I thank you all for lending to me.
My second loan is for purchase of a Manual Feed Mixing Machine and Raw Materials. I have researched and got some very good formula for Chicken feed formulation. This will ensure that I cut cost of production by up to 70-75%.
The machine will be locally made and the raw materials are easy to come by.
The raw materials are:-
-Cotton Seed Cake
-Sunflower
-Maize Germ
-Wheat bran
-Premix
-D.C.P.
-Salt
-Sorgham
The break-down of the loan will be as follows:-
1) Manual Hand Mixing Machine....................................................$80
2) Weighing Scale..................................................................................$30
3) Raw Materials....................................................................................$60
4) Transport of the machine and miscellaneous expenses....$30
Total Cost will be about $200.
With all this, I expect to be getting about $30-40 weekly from the sale of feeds alone and another similar amount from the sale of the eggs from my chicken.
I hope and trust that you will lend me this amount so that I kick off my project as soon as possible.
Thank you in advance!!!!
John.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$181.00
Date disbursed
Sep 23, 2015
Repayment status
On Time
Projected term
6 months
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