For poultry farm recovery

Simple Ng'ang'a

Syokimau, Kenya

64% repaid

Entrepreneur

Name

Simple Ng'ang'a

Member since

September 2018

On-time repayments

131 installments  •  60%

About Me

My name is Simple Simon Macharia, an IT guy with great interest in agriculture. I am passionate about technology and agriculture. 12 years ago, I realised that my salary is not the way to financial independence and decided to venture into business. I started off with a small cyber cafe and computer repair business where i employed 2 people. A few years later, was able to venture into distributing internet service via wireless networks. I ran the business for around 7 years while still attending college but later sold the business to fund college and restrategise after the birth of my first son. I also got a full time job in a small telecommunications company but the desire to be in business still consumed me.I then decided to venture into farming with a focus on poultry keeping after realising the huge deficiency in supply of eggs and meat presented a business oportunity.

My Business

I have a full time job as a network engineer but my business is farming. I have a small farm in Embu, Kenya where I keep a few goats and cows, grow sunflower and raise chicken. I currently have 650 layers and looking to grow the number to 2000 by end of the year. In addition to the layers, i have about 35 goats and 4 cows under the care of 2 hired farmhands. Due to the huge demand for eggs, i buy eggs from other farmers to add to the 120 trays of eggs that we produce in a week. I currently sell 300 trays a week and the demand is still high so i still need to add more chicken.

Loan Proposal

Good evening zidisha community. I apologise for the reapplication. It seems there's a technical challenge affecting disbursement. My loan proposal had been funded but when i try to accept, it brings me back to the create proposal page.
Just to recap, I am a poultry farmer and IT guy. I primarily keep layer chicken and sell eggs to my neighbours and a few shops. Initially, when covid hit in 2020, the business was largely unaffected as the market for eggs was still thriving. However, a disease outbreak towards the end of the year decimated my flock.
To further complicate matters, the primary suppliers of day old chicks that we use to restock flocks had production challenges and waiting lists stretched out nearly 9 months. However, in the last few months, things have improved slightly and i am set to receive 500 chicks on 31 July.
The previous loans have mostly gone to preparing for the arrival of KARI improved chicken and this loan will be focused on biosecurity measures. I negotiated a deal with the chicks and feed suppliers to pay 5 monthly instalments of shs42,000 for 5 months and in return sell them mature cocks at 5 months. I will also begin breeding my own chicks from this flock to avoid supply interruptions.
My previous loan repayment was very challenging due to the loss of farm income and a slow down in the IT industry but i am optimistic of the prospects this year now that businesses are recovering and i will also have a flock of chicken. Thank you for your continued partnership and I look forward to your support.

Feedback

3

None

None

  • nicole    Jul 1, 2021

    My second loan - paid on time. I would be happy to lend to you a third time!!

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  • nicole    Aug 17, 2020

    Paid on time - I would be glad to lend to you again!

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  • guenter    Oct 23, 2019

    Simple payed back very well!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$288.04

Date disbursed

Jul 28, 2021

Repayment status

Late

Projected term

5 months

Cost to entrepreneur

Service fee: $13.49

Lenders

MarktheMormon

Sandy, Utah, United States

G

guenter

Bremen, Germany

Sundstroms

Falun, Sweden

Jason

Auckland, New Zealand

Vratik Krocik

Prague, Czech Republic

Don Williams

New Zealand

Yosef

United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

B

bert

Sweden

E

Eric

Pittsburgh, United States

F

fambig

Switzerland

F

Finn

New Zealand

MG

MARK GARDNER

United States

S

Sophia

United States

B

Blair

Australia

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  • Simple Ng'ang'a    Jan 28, 2022

    I have been trying to reduce to a lower and more manageable amount but the system is only allowing me a minimum of 1128 and only for 2 installments. In the meantime, I am still working towards clearing in full

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  • Simple Ng'ang'a    Jan 17, 2022

    Good evening zidisha community. I apologise for the delay in repaying my loan. The death of my chicken totally destabilized my finances but I will keep at it. In the meantime, the system only offers me the chance to reduce 2 installments and a minimum amount of 1128. It no longer gives lower figures or greater number of installments

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  • Simple Ng'ang'a    Dec 20, 2021

    I am still having a challenge rescheduling payments. I am only seeing 2 installment amounts and only allowed to reschedule 2 payments at a time.

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  • Peter Ojok    Dec 17, 2021

    Spoke to Mr Nganga again today and he's having trouble rescheduling his loan at the moment and promised to get Zidisha posted

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  • Simple Ng'ang'a    Dec 7, 2021

    I am still working on regularising repayments.

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  • Simple Ng'ang'a    Nov 30, 2021

    Hello community, after the loss of most of my new chicks, the surviving 70 have not yet started laying eggs. I expect them to start production in mid December when they will have attained the age of 4.5 weeks. In the meantime, I am struggling to repay from other income sources although it has been a challenge. I am confident that from end of December, I will get back on schedule.

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  • Simple Ng'ang'a    Oct 22, 2021

    Good afternoon zidisha community? I have been irregular in making my payments. As I had earlier posted, I faced a challenge due to the quality of feeds and disease. Currently, 81 of the original 527 chicks are alive and well and will be in production from December. Despite having a contract that obliged me to use the dealer's feeds,after the nasty experience and the immediate improvement after changing feeds, going forward I will stick to only commercial feeds from unga or pembe limited.

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  • Daniel Malului    Sep 23, 2021

    Dear Lenders,
    Have spoken to Mr Nganga and he has promised to work it out and clear the overdue

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  • Simple Ng'ang'a    Sep 14, 2021

    Good morning members, as I continue with the new flock, I am still battling high mortality and feeding expenses. This means virtually no income from the farm as I am also not milking cows. I hope to be in a better position soon. I apologize for the late repayments but I will keep trying my best.

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  • Simple Ng'ang'a    Aug 23, 2021

    Good afternoon zidisha, as I have previously shared, the first 5 months of chicken rearing are very capital intensive and no income comes in before the 5th month when they begin to lay eggs. I am however using the income from the dairy cattle to make my loan repayments and it is lower than the income from the hens. I will however be able to recover soon. Thank you.

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  • Simple Ng'ang'a    Aug 6, 2021

    They have to stay warm. It's very cold in Kenya currently.

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  • Simple Ng'ang'a    Aug 6, 2021

    This was day 1

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  • Simple Ng'ang'a    Aug 6, 2021

    The chicks are settling well

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  • Simple Ng'ang'a    Jul 29, 2021

    Feeders and drinkers for the expected arrivals.

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  • Simple Ng'ang'a    Jul 29, 2021

    Preparations for chick arrival are underway.

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  • Simple Ng'ang'a    Jul 28, 2021

    Thank you to all the lenders who have once again come through for the business. I will share pictures of the farm preparations and the chicks collection is still scheduled for Saturday 31st.

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  • Blair    Jul 27, 2021

    Hey Simple, greetings from Australia - hope this helps !

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    • Simple Ng'ang'a    Jul 27, 2021

      Thank you Blair. It will go a long way. I'm just glad that the worst seems to be behind us now.

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  • Simple Ng'ang'a    Jul 19, 2021

    Good morning zidisha community. The period from March 2020 has been extremely challenging due to the covid pandemic. While initially, my poultry business was unaffected, towards the end of 2020, I had a disease outbreak that wiped out most of my flock. Due to the logistical challenges of the pandemic, the restriction of movement prevented access to the farm for a while. There has also been an ongoing shortage of day old chicks that we use to restock our layer flocks. Waiting lists stretched out to as much as 9 months. However, I will finally receive my batch of new chicks on the 30th of July and the journey to rebuilding has commenced.

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  • Simple Ng'ang'a    Jun 13, 2021

    I am trying my best to clear the loan even if I have not managed to get back in business. The recovery is slow but I will get there.

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  • Simple Ng'ang'a    May 3, 2021

    I'm still struggling to get back on my feet

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