Purchase of feeders and drinkers for my brooder

Charles

Bungoma, Bukembe Village, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

September 2015

On-time repayments

43 installments  •  70%

About Me

I am a second born child in a family of six, four boys and two sisters. I went to Kiganjo kindergarten for my nursery education and latter joined Kiganjo primary school up to standard four. I was later transferred to Nzoia Primary school from standard five to eight where i sat for my Kenya Certificate of Primary Education (KCPE). I went to St.Teresa's Kabula Secondary school and did my Kenya Certificate of Secondary Education (KCSE) in 2000. I joined Manjasi High School in Tororo Uganda For A-level education and sat for Uganda Advanced Certificate of Education (UACE) in 2002. In the year 2003 i joined Makerere University for my Bachelors education and graduated with a degree in Social Sciences in 2007. I started poultry farming in the year 2010 by rearing layers to supply unfertilized eggs in Bungoma town then in 2013 i ventured into hatching and selling indigenous day old chicks. In western kenya indigenous chicken is a delicacy and thats my unique value preposition.

My Business

I do hatch a total of eight thousand indigenous chicks monthly with two thousand chicks weekly. I sale one day chicks at ksh.100, one week Ksh.150, two weeks Ksh.200 and one month chicks at Ksh.250. The breed i am hatching is high yielding and matures faster and is highly resistant to diseases. I chose business because of the increasing demand for white meat. My costs include purchase of eggs from farmers as i currently outsource my eggs for incubation. A fertilized egg costs $0.25 and i do my purchases on a weekly basis as i also hatch on a weekly basis. I use the profits earned to expand my business as i plan to raise my own parent stock, formulate chicken feeds and rear mature birds for slaughter.

Loan Proposal

i would like to purchase more feeders and drinkers for my brooder and i look forward to your financing, one feeder costs $6 and one drinker costs $5.5 this will help me retain more day old chicks and sale them after a week or so which will be more profitable compared to selling them at day old.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 19, 2015

Repayment status

On Time

Projected term

3 months

Lenders

Elinor

Maple Lake, MN, United States

johnandmoliehi

Canton, New York, United States

MienDeGraeve

Ouagadougou, Burkina Faso

A

anonymous123

United States

SeeMeeFi

Ontario, Canada

jimmycarterforever

Missoula, United States

trackpal

Brighton, United Kingdom

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

M

marcmesich

Kaohsiung, Taiwan

L

Lolababalola

Ames, United States

D

DogFort1

Sydney, Australia

Genady

Münich, Germany

O

OrientExpress

Tokyo, Japan

M

Mystery15

Winnipeg, Canada

Z

zvrk2014

Brookline, MA, United States

S

Samhall8

Brandon, Canada

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Taylor Hanna

United States

V

vbud

United States

E

edbean

United Kingdom

Jamal Hamou

Cascadia, Canada

N

nshekher

United States

B

Bennphoto

United Kingdom

T

twm3823

United States

P

pnrjulius

United States

D

djlayton4

United States

Heiko

Haan, Germany

V

Vanessa

Gold Coast, Australia

Julia

United States

JC

JD Conley

United States

WE

Wendy Emlyn

Devon, United Kingdom

Cristina Huesch

Canberra, Australia, Australia

GR

Gary Rimmer

United Kingdom

RM

Robert Mulley

United States

NW

Nelson Wong

United States

Caroline Cress

Seattle, WA, United States

Corina King

Calgary, Canada

Framework Eyewear

Utrecht, Netherlands

MD

Michael Dahl

United States

C

chryddi

United States

B

Brent

United States

Martin Nielsen

Aarhus, Denmark

KR

Kathy Rowland

United States

JA

Jonathan A.

United Kingdom

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

AH

Alexander Hipp

United Kingdom

A

Andrew

Luxembourg

JW

John Walsh

Alicante, Spain

K

Kevin

Australia

R

Raluca

United Kingdom

Robin Padberg

Pétion-Ville, Haiti

Sarah and Dave

Toronto, Canada, Czech Republic

M

Maria

Netherlands

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

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Summary

Amount repaid

$208.99

Amount remaining

$0.00

Date repaid

Mar 1, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Nov 29, 2015 $15.00 Nov 30, 2015 $15.00
Dec 6, 2015 $15.00 Dec 6, 2015 $15.00
Dec 13, 2015 $15.00 Dec 14, 2015 $15.00
Dec 20, 2015 $15.00 Dec 21, 2015 $15.00
Dec 27, 2015 $15.00 Dec 28, 2015 $15.00
Jan 3, 2016 $15.00 Jan 3, 2016 $15.00
Jan 10, 2016 $15.00 Jan 11, 2016 $15.00
Jan 17, 2016 $15.00 Jan 18, 2016 $15.00
Jan 24, 2016 $15.00 Jan 25, 2016 $15.00
Jan 31, 2016 $15.00 Feb 1, 2016 $15.00
Feb 7, 2016 $15.00 Feb 9, 2016 $15.00
Feb 14, 2016 $15.00 Feb 16, 2016 $15.00
Feb 21, 2016 $15.00 Feb 23, 2016 $15.00
Feb 28, 2016 $13.99 Mar 1, 2016 $13.99

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