Rear more chicks

Daniel

Bamburi, Kenya

67% repaid

Entrepreneur

Name

Daniel

Member since

February 2015

On-time repayments

254 installments  •  36%

About Me

My name is Daniel Mbugua, a poultry farmer from Mombasa - Kenya. I was born and raised in Mombasa where my father worked at the Kenya Ports Authority. I was born in a rural area where I grew up accustomed to fairly good infrastructure like electricity and paved roads.

In spite of relative good life in my childhood, I faced a number of challenges like lack of playing fields due to poor planning by the local authorities and I grew up deprived what would be considered as the basic necessities of a growing child. That notwithstanding, my parents raised me well and imparted good values early life.

I went to rural schools both for primary and secondary schools because my parents feared I would get involved in drug taking which was rampant in our neighborhood. I later joined a polytechnic where I did a three year course in civil engineering. I was hoping to secure a good job after the completing the course after my father's footsteps but I was not as lucky.

I decided to use our house backyard to start poultry keeping which remarkable success. This is what I am still doing to date and I have no regrets for doing so since it brings food on the table and I also get a lot of satisfaction from the job.

I am married with two kids both who are in school.

My Business

I rear broiler chicken as well as geese in my house backyard. I sell broilers to local hotels and to residents within the residential estates. Mombasa is a fast growing city and it has all the demands of big city and one of these is fast food. I saw this opportunity and decided to exploit it.

The living standards of the residents has also improved in the recent past and a good number of residents have a much better bargaining power as compared to yesteryears. What used to be a preserve of the rich (like chicken) is now a common dish among many.

I keep broilers that take between 5-6 weeks to mature. I normally buy them when they are one day old and if the survival rate is good (about or above 95%), I make about $150 per brood. I use the geese to provide eggs that I sell to support the family when I am not selling the chicken.

I am glad I have a ready market of loyal clients in hotels and also in the residential areas. If funded, I like to keep two sets of broilers and separate then within two weeks so as to ensure a continuous sale of the chicken instead of waiting for 6 weeks interval. However, for me to do this, I need to get a helping hand in form of affordable credit and this is where Zidisha comes in.

Loan Proposal

I will use the money to buy a new brood of chicks which I will later sell in hotels and restaurants. I plan to by 200 chicks at a total price of $200. I will use the balance to buy them food and pay for their vaccination.

Given the survival rate of these chicks is about 80% I hope to make a good profit once they mature.

Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$360.00

Date disbursed

Jul 3, 2019

Repayment status

Late

Projected term

18 months

Lenders

AltruisticSelfishnes

Chicago, United States

R

rholden

glen iris, Australia

ads68

Melbourne, Australia

C

charleen

United States

J

Joggele

Austria, Austria

Dave Bogard

New York, United States

MR

Michiel Rauws

San Francisco, Netherlands

BS

Brandon S

United States

K

Kenny

United States

C

Carlene

United States

D

David

United States

Daveycee

The Hague, Netherlands

Theo

Zürich, Switzerland

Paul T Moore

Jacksonville, Fl, United States

G

Greg

Sydney, Australia

SW

Sean Walsh

United States

JS

Justin Saxton

United States

Mark Wilco

Columbus, OH, United States

alexalexalex

Berlin, Germany

Ask Daniel 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

$242.22

Amount remaining

$117.86

Expected completion

Jan 3, 2021

Status

Repaying late

Installment amount

$9.86

Repayment History

Expected Payments Actual Payments
Jul 14, 2019 $30.01 Jul 27, 2019 $30.01
Jul 21, 2019 $30.01 Jul 27, 2019 $9.41
Aug 30, 2019 $20.60
Jul 28, 2019 $30.01 Aug 30, 2019 $18.82
Sep 17, 2019 $11.18
Aug 4, 2019 $30.01 Sep 17, 2019 $28.23
Oct 18, 2019 $1.77
Aug 11, 2019 $30.01 Oct 18, 2019 $30.01
Aug 18, 2019 $30.01 Oct 18, 2019 $7.64
Nov 18, 2019 $22.37
Aug 25, 2019 $30.01 Nov 18, 2019 $17.05
Feb 5, 2020 $12.96
Sep 1, 2019 $30.01 Feb 5, 2020 $6.75
Mar 11, 2020 $10.64
Jun 20, 2020 $12.61
Sep 8, 2019 $2.17 Jun 20, 2020 $2.17
Sep 15, 2019 $0.00
Sep 22, 2019 $0.00
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.00
Nov 3, 2019 $0.00
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $0.00
Dec 29, 2019 $0.00
Jan 5, 2020 $0.00
Jan 12, 2020 $0.00
Jan 19, 2020 $0.00
Jan 26, 2020 $0.00
Feb 2, 2020 $0.00
Feb 9, 2020 $0.00
Feb 16, 2020 $0.00
Feb 23, 2020 $0.00
Mar 1, 2020 $0.00
Mar 8, 2020 $0.00
Mar 15, 2020 $0.00
Mar 22, 2020 $0.00
Mar 29, 2020 $0.00
Apr 5, 2020 $0.00
Apr 12, 2020 $0.00
Apr 19, 2020 $0.00
Apr 26, 2020 $0.00
May 3, 2020 $0.00
May 10, 2020 $0.00
May 17, 2020 $0.00
May 24, 2020 $0.00
May 31, 2020 $0.00
Jun 7, 2020 $0.00
Jun 14, 2020 $0.00
Jun 21, 2020 $0.00
Jun 28, 2020 $0.00
Jul 5, 2020 $0.00
Jul 12, 2020 $0.00
Jul 19, 2020 $0.00
Jul 26, 2020 $0.00
Aug 2, 2020 $0.00
Aug 9, 2020 $0.00
Aug 16, 2020 $0.00
Aug 23, 2020 $0.00
Aug 30, 2020 $0.00
Sep 6, 2020 $0.00
Sep 13, 2020 $0.00
Sep 20, 2020 $0.00
Sep 27, 2020 $0.00
Oct 4, 2020 $0.00
Oct 11, 2020 $0.00
Oct 18, 2020 $0.00
Oct 25, 2020 $0.00
Nov 1, 2020 $0.00
Nov 8, 2020 $0.00
Nov 15, 2020 $9.86
Nov 22, 2020 $9.86
Nov 29, 2020 $9.86
Dec 6, 2020 $9.86
Dec 13, 2020 $9.86
Dec 20, 2020 $30.01
Dec 27, 2020 $30.01
Jan 3, 2021 $8.52

Loading...