Ragiraa Farm

Entrepreneur

About Me

My name is Rapella Odippo. I am 30years old, a Kenyan Citizen, living in Kitale Town. I come from a family of six, three brothers and one sister and I am the third born. I am a university graduate from Egerton University with a degree in Manufacturing Engineering. As it might be, it is quite difficult to get a well paying job in that sector, or in any sector for that matter. I graduated in the year 2010 but to date i have only managed to get small jobs here and there, some on short contracts. I also have skills in IT and that is what landed me at my last job. It was not well paying but i managed to save some good amount for over a period of two years. At least finally i had some small amount of money start me off in my business venture. I have a passion for agriculture. This is something i have wanted to do since my childhood and that is why i decided to venture into farming. I have done both animal and crop farming before. I have kept chicken especially the layers, i have rared sheep and goats, planted kales, carrots, cabbages and some other various vegetables. That is why i decided to go back to it, as it is something i know i can dedicate my time and resources. I have a sizable piece of land where i have already constructed a chicken house and the rest i have planted vegetables and watermelons. It is this passion that i have turned into a business venture that I want to finance and push it to be the best business of its kind in the region. My dream is to develop this into a sustainable source of income for me and even to create employment for other. Furthermore, I also have a keen interest in graphic design which i have already ventured in, thanks to the last loan. This is the area in which am building now since my chicken business is stable and can stand and run on its own.

My Business

My Business

My business is called Kikai Graphics. It is a design and graphics business where we make logos, banners and other promotional materials for my clients. I diversified in this area of business because it is one of my passions. In my previous loans, I started a chicken business which has proven to be very successful and is now running on its own. All my energy is now in the growth of Kikai Graphics. The very last loan enabled me to furnish the interior and get some equipment to start me off. This however was not enough to complete the whole job, especially the interior. The business is currently doing well, within the limitations that it has. However it has a potential to shoot up and compete comfortably with its competitors in the market. This can however be achieved only with improvement in my equipment and the acquisition of some new improved ones.

Loan Proposal

My business is basically farming and dealing in farm outputs. I have been dealing with chicken, and more specifically table birds of indigenous origin. I initially one chicken house accommodating 100 hens. Zidisha gave me my first loan which I used to fully furnish the chicken house. I got the second loan which I topped up with my savings and built a second chicken house. Now my second chicken house is also full. I started on the third chicken house, and with the third loan from zidisha, I bought the day old chicks (250).

My next phase of the project was to diversify and branch to egg production. For this, I borrowed my last loan (3rd loan). I managed to build the house for the chicken and a small store for the chicken feed and supplies.
My layers business is doing quite well despite the various huddles I faced along the way. My biggest challenge was transportation of the eggs to distant markets.
It is for this reason that I am applying for this fourth loan. I need to buy a motorbike to assist me transport the eggs, since using public or hired means proved to be costly for the business.
Since completion of my last loan, I have managed to save around 300$ and I will be needing 1200$ to top up the balance. With a new motorbike, I will reduce greatly my operation cost and increase my net income. My operational costs will reduce by about 25$ per week, which would reflect to an increase of my income by the same margin. Since I have a pre existing business that is doing quite well, I know that this new loan will be serviced well.

Thank you Lenders in advance

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