Repair the poultry house & buy more broiler chicks

Mike

Nakuru West, Kenya

100% repaid

Entrepreneur

Name

Mike

Member since

August 2014

On-time repayments

250 installments  •  23%

About Me

Am mike cherono and I have been involved in poultry farming for the 18 months. Currently am pursuing a degree in project planning and management at Moi university, I have been using the funds from the poultry project to foot my school fee. So after my campus life I am planning to to enter fully into agribusiness. So far I have 250 layers and 100 broilers. I usually produce about ten crates of eggs per day which I usually sell to some local shops in my neighborhood. Once my broilers have attained 1.2kg, I usually slaughter them and supply them to a local hotel and butchery in town after eight weeks. Personally I plan to start rearing dairy cattle’s in the near future. So I plan to use the loan to enlarge my business.

My Business

Our competitive edge is that we specialize in organic farming. Consumers are increasingly aware of health living and prefer our free-ranged poultry products to the exotic caged breeds. Also, Improved indeginous chicken has equally good maturity, weight gain, & production rate but are more resistant to diseases.

Loan Proposal

I would like to thank zidisha for this wonderful opportunity to publish my loan request. I intend for half of the money that’s around 50 USD to booking for a new batch of broilers chicks and the rest of the I would use to repair the poultry house, layering boxes and buy new drinkers.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 10, 2014

Repayment status

On Time

Projected term

9 months

Other loans

Lenders

S

SvenWaage

Stavanger, Norway

Namaste250

Pittsford, United States

ads68

Melbourne, Australia

DF

Dennis Furr

United Kingdom

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  • Mike    Oct 21, 2018

    For now am not financially stable to repay the normal instalments. Please !i will resume when i am okay

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  • Mike    Nov 24, 2015

    please i request to change my repayment schedule to 100ksh because i have not yet sold my chicks..so am low financially..thanks zidisha

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  • Mike    Sep 13, 2015

    thank you lenders for awarding me the loan i have received 17615 i will now improve my poultry farm.thank you so much

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  • Mike    Sep 10, 2015

    thank you lenders for awarding me this loan intend to purchase more fertile improved Kienyeji
    (Indiginous chicken) eggs for incubation to help
    me grow my stock and spare a small proportion
    for overheads such as vaccination and feeding,.the loan will improve my stardards of living..thank you so much for your support

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  • Dimitri Malarme    Sep 9, 2015

    Sorry to ask such a childish question, but how much does a chicken (for laying eggs) cost in Kenya?

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  • Joseph    Sep 5, 2015

    Good luck with your project

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  • Mike    Aug 30, 2015

    i would like to thank zidisha team for granting me my first loan,it has really made many changes in my poultry farm, and now i am intending to improve my business . if i am granted my second loan i ll be in a position to make sure my poultry farm makes huge amounts of profit..looking forward for your consideration.thanks zidisha

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  • Mike    May 16, 2015

    Hi zidisha i would like to adjust my repayment to Ksh. 1400. My business has really picked up. Looking forward to clear the loan soon
    Thank you for your support.

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  • Mike    Jan 3, 2015

    Thanks zidisha team for your consideration, now i have gone a head on improving my poultry farming . I have increased the number of chicks and am now waiting for market price to raise so that i can make a good profit. THANK YOU

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  • Namaste250    Dec 30, 2014

    Dear Mike,

    I hope you have been able to make repairs to your poultry house successfully. Happy New Year!
    Best wishes for a joyous, healthy and prosperous 2015,

    Ann

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