Rabbit farming

Victor

Kericho, Kenya

25% repaid

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Entrepreneur

Name

Victor

Member since

March 2016

On-time repayments

196 installments  •  40%

About Me

I'm brought up in a family of five and we practice agriculture that has so far financed every activity.
As a child i aspired to get a well paying job after my education,but this has not materialized.Iam a graduate in business management but i have chosen to practice agriculture because i saw how beneficial this was to our family as a source of income.
My future plan for my children is to raise them to be flexible in different activities as income requires flexible minds in the ever changing world.
I enjoyed hunting with my friends and this is a hobby i enjoy very much.

My Business

I started a rabbit farm after a short training that targeted the youth in our area on how to be self employed.People buy rabbit fur,meat and also seek for assistance in construction of warren.I currently have fourteen herd of rabbit.
I chose this business because its unique as there was only one person practicing this in our area,and after discussion with him,i realized it had good income.
Rabbit keeping has costs for buying rabbit feeds,pet doctor service costs,construction of rabbit warren costs and transportation to various clients.
I'm currently reinvesting my profits back by buying different rabbit breeds and this has also enabled me to buy one dairy cow, I'm looking forward to diversify my activities as this will boost my income.

Loan Proposal

With my next loan i will purchase a motorbike that will enable me to transport my products to various markets as transportation has been expensive and a big challenge to me.
This will minimize so much expenses that i incurred over the last period and my profits will grow from the current Ksh800 to Ksh1,200 .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$440.00

Date disbursed

Nov 23, 2016

Repayment status

Late

Projected term

62 months

Other loans

Mar 2016:  $200

Lenders

M

mikedufty

Perth, Australia

sebastienrosa

Quebec, Canada

R

rmacaw

Australia

Eduard

Dnepr, Ukraine

joshuacollinson

Vienna, Austria

M

me.iulian

Iasi, Romania

AKWatson3

Norwalk, United States

AG

Alexandre Genereux

Gatineau, Canada

AF

Alysn Ford

United States

PG

Paul Graham

United States

wissam

Jeddah, Saudi Arabia

Craig Newmark

United States

The Zinc Team

San Francisco, United States

A

Anonymous

New Zealand

A

Anonymous

United States

Salvatore Martello

New York, New York, United States

R

RMIM

United States

Paul Buchheit

Mountain View, United States

Ask Victor 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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  • Victor    Dec 30, 2019

    I'll be able to repay in January when business picks up

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  • Victor    Sep 18, 2019

    I have no stable source of income but i'm working on clearing this loan.

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  • Victor    Jul 25, 2019

    Will resume normal payments soon

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  • Victor    May 15, 2019

    My business sales is very low hope it improves during the year.

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  • Victor    Feb 16, 2019

    WILL RESUME MY BUSINESS SOON

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  • Victor    Nov 14, 2018

    I'LL INCREASE MY LIMIT WHEN MY BUSINESS STABILISES.

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  • Victor    Oct 24, 2018

    I'll be able to adjust my installment upwards within the next five weeks.

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  • Victor    Aug 10, 2017

    Victor will resume payments soon. He had some personal issues that affected his business

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  • Victor    May 9, 2017

    i talked to Victor and he will adjust his repayment amount tom allow him repay swiftly. He will start repayment this week

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  • Victor    Jan 27, 2017

    Victor's motorbike has been in police station, but it is about to be released, his loan repayment will start soonest

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  • Victor    Jan 26, 2017

    My motorbike was confiscated by the Police,but it will be released soon.

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  • Victor    Dec 6, 2016

    Hi lenders, I've just uploaded the photo of my motor bike that i just purchased with my second loan from your contributions. Thanks a lot for making this possible.

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  • Victor    Nov 28, 2016

    Hi,Lenders,
    Thanks a lot for all your contributions towards my loan.I received my second loan of 440.3 dollars and with my savings i have bought a motorbike that will assist me in transporting my products.With this i will be able to expand my business and increase my income.Thanks a lot for making this possible for me.

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  • Victor    Nov 21, 2016

    Hi my dear lenders,thanks once more for your generous donations.Business couldn't have been possible without your contributions.With my new loan i intend to buy a motorbike to help me with transportation of my products.I hope this will help me cut costs on transport.

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  • Victor    Nov 15, 2016

    My first loan enabled me to be stable in business.I have built on my clientele hope to achieve more in the near future.In my next loan i intend to buy a motorbike to be able to transport my products as hiring of vehicles is expensive.I once again thank the entire Zidisha team and all my lenders for the support

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  • Victor    May 4, 2016

    Thanks to all my lenders and the entire Zidisha team.I have started realizing a difference in my business.I built a better structure for my business.This has also enabled me to add a different breed that has boosted my profits and widening my supply.Thanks again for lifting me to a higher level through your financing.

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