Lilian
Nakuru, Kenya
100% repaid
Name
Lilian
Member since
April 2014
On-time repayments
208 installments • 100%
My name is Lillian Mueni Kithuka.I come from a family of 4siblings, 2 sisters and one brother. I currently live in Nakuru town, freehold estate. I graduated from Egerton university with a bachelors degree in business management. I have a full time job as an accountant at a private firm in Nakuru town which i earn $284 on a monthly basis. I have great passion for rearing chicken and my biggest dream is to become one of the best suppliers in Nakuru town and later extend to the whole country. My side job i keep indigenous chicken for the purpose of eggs and meat. I have 100 indigenous chickens. On a daily basis i collect 70 eggs, which i sell them locally to my neighbors and nearby shops.
My source of income comes from the monthly salary I get and also through the rearing of the indigenous chicken. Many people prefer the indigenous eggs since the nutrition value is high compared to the modern chicken. I have 100 indigenous chickens which give me 70eggs daily. I prefer the breed since they are not prone to diseases. On a monthly basis i collect 1960eggs.I sell one egg @ $0.12.My typical monthly revenue from selling eggs is $235.2.My expenses include the feeds which cost $34.05.My labor is cheap since i stay with my nephew who works online and since he is always at home he looks after them and i give him a token of $22.7 in a month. My net profit on a monthly basis is $178.45.My great desire is to have a large scale commercial business in supply of indigenous eggs and chicken meat with several permanent employees.
First i would like to appreciate and thank all lenders who contributed to my first loan.When i get funded i will improve my poultry farming project by purchasing an incubator with a capacity of 100 chicken eggs which will cost $100.The remaining $ 43 i will be able to install electrical bulbs in my chicken farm.The loan will benefit me since i will be able to hatch my own chicks without necessarily buying from other farmers which is now costly and also i will have control of how i increase the number of my stocks according to the egg production.By installing the bulbs it will assist me to keep my chicken warm especially right now in my country the weather is very cold and without proper warmth the eggs production might lower.
I would like to be supported since i cannot be able to raise that amount because of high cost of living standards in my country.
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Jun 20, 2014
Repayment status
On Time
Projected term
15 months
Other loans
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guenter Aug 20, 2018
trincowski Jun 19, 2017
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