Purchase of chicken feeds

Catherine

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

July 2017

On-time repayments

83 installments  •  54%

About Me

Hallo Zidisha Team,

I'm an entrepreneur working on dairy and poultry farming. I started of with poultry farming specifically to raise my living standard and care for my ailing mother who is now disabled after a road accident.

I worked hard in the poultry farmer and through Zidisha, I was able to rear over 300 chicken for sale of meat and eggs.

This venture really improved my standard of living and was also care for my mother.

My ultimate goal was to venture into dairy farming of which I now have 4 milkers with a production of 65 litres a day. This was possible after I sold a parcel of land I had acquired years ago. I practice zero grazing so I have to buy fodder and water for the cows. They are now all incalf and start calving down late July consecutively.

I thank zidisha Team for enabling me get this far especially when I needed funds for purchasing feeds, poultry equipment and even buying the chicks.

I look forward to your help whenever I need it.

Thank you.

My Business

My business currently is mainly dairy farming. I have 4 milkers (Holstein Fresian cows) with an average production of 65 ltrs currently. They are almost calving down (due) starting end July this year.

The milk sales are at us$. 50 wholesale and. 60 per ltr retail . The milk is sold to households, hotel at the highway of Nairobi/Nakuru and a local shop.

The sales are used to purchase feeds (hay), supplements and minerals and pay my farm help. Any surplus goes to my house expenses and mums meds.

I sold all my chicken and will embark on it in August. I have had good experience with rearing chicken and I'm now able to manage a poultry farm better than when I started. I expect to make better profits in the next season.

Loan Proposal

Hallo Zidisha,
I intend to use the loan to purchase 70kgs of chicken feeds at a cost of US$ 21. I'm currently experiencing a shortage of working capital because I purchased an additional 50 chicks which at a cost of US$ 50 which should be arriving on 28/09/2016.

Dear lenders, kindly support me in this venture which I'm expanding gradually

Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Sep 19, 2018

Repayment status

On Time

Projected term

1 week

Lenders

MS

Mike Sutherland

United Kingdom

J

James

United States

Joshi

United States

LizRea

Singapore

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