Purchase of small chicken egg incubator and handbags for resale

Betty

Nairobi, Kenya

39% repaid

Entrepreneur

Name

Betty

Member since

October 2013

On-time repayments

92 installments  •  28%

About Me

My name is Betty Auma.I am the second born in a family of five.I am also a single mum to my seven year old son.I went to school in Moyyo Academy before moving to Eshikalame primary in Imanga village when my parents separated.Passing my primary education final exams(KCPE) ensured that i was called to a private national school.However,due to financial difficulties i enrolled to a nearby secondary school and still didn't disappoint.I attained a B- mean grade.Since i couldn't join university at the time,i went back to Nairobi city and got a job at a canteen.Later in 2007 i got another job as an office assistant at transport company.Due to my hard work and ability to learn fast i was promoted to accounts assistant.This is because i was able to learn how to use a computer and also quick books software without attending any class. During that time i learned a lot about accounting just by asking colleagues and learning through the internet.I left the company when i got a scholarship to do CPA at Foundation Institute of Africa in 2011.However,it was closed down weeks into the first semester and i looked for a new job,saved and started paying for my fees.I have currently done till section three.I started my poultry business when i saw a demand for indigenous chicken.Most people are trying to watch what they eat and they prefer organic foods.I sourced my chicken that is improved from Kenya Agricultural Research Institute (KARI) in August.

My Business

The reason there's demand for my indigenous improved chicken is because they lay more eggs in a year compared to the normal indigenous chicken.In addition some people prefer it because of it delicious taste.It took me three months after ordering from KARI to finally get my chicks.This shows how many people are interested in this type of chicken.I would like to be part of the people who fill in that gap.My flock of 38 is now 4.5 months old and they are almost laying.My plan is to buy an incubator and be able to hatch chicks that i will sell as day old.There is also market for eggs and meat for consumption.the only risk in my business is diseases which am avoiding by following the vaccination guidelines i was given.

Loan Proposal

Hello Lenders and the Zidisha team,once again i first must thank you for the support you have been giving my business.I will forever be grateful and may God continue blessing you all.My two businesses are poultry and handbags selling.Both have been doing well except recently when i lost some of my chicken.However,am not about to give up on my poultry business.Am planning to get more information that will ensure i never lose any more chicken.I also want to expand it by getting an incubator that costs approximately Kshs.23,500(266 dollars) for hatching chicks.Its the cheapest and hatches 48 eggs,i would like to start with that one.The advantage is it also uses solar.The rest of the amount i will use to get handbags that i resell.I am hoping and praying that soon i will be able to expand the handbags business too.Thanks again for helping us grow our businesses.It really means a lot to us.God bless you.

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$496.00

Date disbursed

May 5, 2014

Repayment status

Late

Projected term

18 months

Lenders

L

lmuenchen

Munich, Germany

Hope2012

United Kingdom

D

Debock

Dresden, Germany

AndreaBravi

London, UK, Canada

C

cjmenchaca

Austin, United States

athomas

Chevy Chase, United States

C

CheapThrills

Liminka, Finland

calvero

Bergen, Norway

sbyun

Toronto, Canada

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

T

Travelover

Northville, United States

S

SherriandGarry

Helena, United States

G

GanSatya

United States

R

rossgarlick

United States

godspeedinnovations

Chico, United States

J

jsbisa

New Orleans, Louisiana, United States

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

Loading...

Summary

Amount repaid

$209.42

Amount remaining

$333.79

Expected completion

Nov 12, 2015

Status

Repaying late

Installment amount

$5.88

Repayment History

Expected Payments Actual Payments
May 16, 2014 $23.25 May 16, 2014 $23.25
May 23, 2014 $23.25 May 16, 2014 $23.25
May 30, 2014 $23.25 May 16, 2014 $1.74
May 28, 2014 $21.51
Jun 6, 2014 $23.25 May 28, 2014 $23.25
Jun 13, 2014 $16.44 May 28, 2014 $16.42
Jun 22, 2014 $0.01
Jun 20, 2014 $5.88 Jun 22, 2014 $5.88
Jun 27, 2014 $5.88 Jun 22, 2014 $5.87
Jul 10, 2014 $0.01
Jul 4, 2014 $5.88 Jul 10, 2014 $5.88
Jul 11, 2014 $5.88 Jul 10, 2014 $5.87
Aug 2, 2014 $0.01
Jul 18, 2014 $5.88 Aug 2, 2014 $5.88
Jul 25, 2014 $5.88 Aug 2, 2014 $5.87
Aug 31, 2014 $0.01
Aug 1, 2014 $5.88 Aug 31, 2014 $5.88
Aug 8, 2014 $5.88 Aug 31, 2014 $5.88
Aug 15, 2014 $5.88 Aug 31, 2014 $5.88
Aug 22, 2014 $5.88 Aug 31, 2014 $5.88
Aug 29, 2014 $5.88 Aug 31, 2014 $5.88
Sep 5, 2014 $5.88 Aug 31, 2014 $5.87
Oct 4, 2014 $0.01
Sep 12, 2014 $5.88 Oct 4, 2014 $5.88
Sep 19, 2014 $5.88 Oct 4, 2014 $5.87
Nov 15, 2014 $0.01
Sep 26, 2014 $5.88 Nov 15, 2014 $5.88
Oct 3, 2014 $5.88 Nov 15, 2014 $5.88
Oct 10, 2014 $5.88 Nov 15, 2014 $5.87
Oct 17, 2014 $5.88
Oct 24, 2014 $5.88
Oct 31, 2014 $5.88
Nov 6, 2014 $5.88
Nov 13, 2014 $5.88
Nov 20, 2014 $5.88
Nov 27, 2014 $5.88
Dec 4, 2014 $5.88
Dec 11, 2014 $5.88
Dec 18, 2014 $5.88
Dec 25, 2014 $5.88
Jan 1, 2015 $5.88
Jan 8, 2015 $5.88
Jan 15, 2015 $5.88
Jan 22, 2015 $5.88
Jan 29, 2015 $5.88
Feb 5, 2015 $5.88
Feb 12, 2015 $5.88
Feb 19, 2015 $5.88
Feb 26, 2015 $5.88
Mar 5, 2015 $5.88
Mar 13, 2015 $5.88
Mar 20, 2015 $5.88
Mar 27, 2015 $5.88
Apr 3, 2015 $5.88
Apr 10, 2015 $5.88
Apr 17, 2015 $5.88
Apr 24, 2015 $5.88
May 1, 2015 $5.88
May 8, 2015 $5.88
May 15, 2015 $5.88
May 22, 2015 $5.88
May 29, 2015 $5.88
Jun 5, 2015 $5.88
Jun 12, 2015 $5.88
Jun 19, 2015 $5.88
Jun 26, 2015 $5.88
Jul 3, 2015 $5.88
Jul 10, 2015 $5.88
Jul 17, 2015 $5.88
Jul 24, 2015 $5.88
Jul 31, 2015 $5.88
Aug 7, 2015 $5.88
Aug 14, 2015 $5.88
Aug 21, 2015 $5.88
Aug 28, 2015 $5.88
Sep 4, 2015 $5.88
Sep 11, 2015 $5.88
Sep 18, 2015 $5.88
Sep 25, 2015 $5.88
Oct 2, 2015 $5.88
Oct 9, 2015 $5.88
Oct 16, 2015 $5.88
Oct 23, 2015 $5.88
Oct 30, 2015 $5.88
Nov 5, 2015 $5.88
Nov 12, 2015 $4.38

Loading...