Raring of chickens

Edmond Langat

Londiani, Kenya

100% repaid

Entrepreneur

Name

Edmond Langat

Member since

December 2014

On-time repayments

77 installments  •  3%

About Me

my name is edmond kipkirui langat i was born in 25,11,1992.i went to sokobet primary school from 1997 class one up to class eight in 2007.i was eble to jion form one in 2008 where i had to walk for 15km to and from,i never gave up in continueing with my education despite that my parents had no money to assist or to pay my school fees.i completed my high school in 2011 where i passed my kenya certificate of secondary school with B-munis.i worked at exotic hotel from 2011 december upto 2012 march where i earned ksh.6000.i jioned college in september 2012 alphax college i used to work for manuel jobs in town in order to pay my fees i managed to complete in 2014 november where i did diploma in information technology.

of University or Higher Education: Alphax college university

University/School Website: www.alphax.ac.ke

Location / Country: Kenya

Type of Degree, Diploma or Certificate: Diploma in information communication technolgy

Major Field of Study: programming and networking

Date: Start: September, 2012 Diploma

Date: End : Nov 27, 2014 Diploma

University/School Contact Number and Email address: +254723118940: Email: [email protected]

Name of High School: kericho day Secondary School

School Website: N/A

Type of Certificate: Kenya Certificate of Secondary Education(KCSE

My Business

I currently have a flock of 25chickens, giving
me 20 eggs per day. God willing, some of my
chicken will be brooding soon, so the prospect
of my flock getting bigger are real. But i also
intend to add 50 chickens so as to be getting
approximately 45 eggs per day. This will
potentially increase my income since one egg
goes for 20 Kenya shillings (0.2 USD). I will be
selling the eggs giving me 10 USD per day, or
300 USD per month. With the first loan i got
from Zidisha, i put a perimeter wall around the
homestead, so that my chicken will be able to
scavenge for food. My current flock is doing
well and i noticed improvement in their body
size and egg production, thanks to your loan.
I will plough back the profits into the business
and expand it. My vision is to have a flock of
1000 chicken in the next two years, giving me
approximately 500 eggs per day.
Loan Proposal
If i get this loan, i will use it to expand my
flock.
70 USD will be used to buy additional flock. I
will buy 60, one day old chicks at a cost of 1.1
USD each.
Another 100USD will be used to expand the
chicken scoop, to accommodate the new flock.
100 USD will be used to buy commercial feeds
for the first four months. The rest of the
money will be used to buy commercial feeds
that will be used as complementary food
together with locally available feeds during the
subsequent months, until they start laying
eggs.
am going to increase my business in fast way i wish to get this loan.

Loan Proposal

I currently have a flock of 25chickens, giving
me 20 eggs per day. God willing, some of my
chicken will be brooding soon, so the prospect
of my flock getting bigger are real. But i also
intend to add 50 chickens so as to be getting
approximately 45 eggs per day. This will
potentially increase my income since one egg
goes for 20 Kenya shillings (0.2 USD). I will be
selling the eggs giving me 10 USD per day, or
300 USD per month. With the first loan i got
from Zidisha, i put a perimeter wall around the
homestead, so that my chicken will be able to
scavenge for food. My current flock is doing
well and i noticed improvement in their body
size and egg production, thanks to your loan.
I will plough back the profits into the business
and expand it. My vision is to have a flock of
1000 chicken in the next two years, giving me
approximately 500 eggs per day.
Loan Proposal
If i get this loan, i will use it to expand my
flock.
70 USD will be used to buy additional flock. I
will buy 60, one day old chicks at a cost of 1.1
USD each.
Another 100USD will be used to expand the
chicken scoop, to accommodate the new flock.
100 USD will be used to buy commercial feeds
for the first four months. The rest of the
money will be used to buy commercial feeds
that will be used as complementary food
together with locally available feeds during the
subsequent months, until they start laying
eggs.
am going to increase my business in fast way i wish to get this loan.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$44.79

Date disbursed

Nov 9, 2015

Repayment status

On Time

Projected term

10 months

Cost to entrepreneur

Service fee: $1.86

Lenders

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

Bjorn

Heggedal, Norway

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