Mercy
Simat, Kenya
100% repaid
Name
Mercy
Member since
March 2016
On-time repayments
87 installments • 22%
Am mercy chepchirchir kirwa born in 1993 and a mother of one baby girl schooled in community primary school and later joined a provision school until 2011. i latter joined kenya institute of business management(KIMS) for my diploma and graduated and now am on my degree program at kisii university.wen i delivered my baby life was so hard in raising her and i had to save and get fundings from my family and decided to venture into chicken farming because it was an easy business to start and manage.my home is so unique is that its hilly and full of stones and bushes my culture still got cultural believes that small business are for ladies.would love to see my daughter pursue her education without any difficult and realise her dreams. My hobby is reading novels and watching movies and also feeding cattle something believed to b only for men.
I do poultry farming where i mainly do layers And also keep chicks to a certain level and sell them to keep a constant number of layers because of limited resources i have.This kind of business is on demand because my home is not far from eldoret town and really growing so hotels are in demand of eggs and also locals are in need of grown chicks for rearing. I have 20 layers laying 15-18 eggs a day and an egg goes for $0.10 returning $1.5 aday and $45 amonth. I also have 50 3weeks old chicks that i will sell them after 2 months at $2 each making it $100. i later end up with arevenue of $30 a month.i later use my profits in reinvesting into my business and for my daughter's upkeep.
i intend to use this loan to purchase layers feed for my chinken.i will buy two bags of layers that is 140kgs coasting $72 and also purchase trays to keep and transport the eggs.the trays cost $15 and the remaining amount will use it to vaccinate my chicken against diseases and against any upcoming emergencies.this will increase the number of chickens laying by 50%.will later use my profits in improving my business and upkeep for my daughter.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 5, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Ask Mercy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.