Entrepreneur

About Me

I graduated in 2008 from university of Nairobi with bachelors degree in Sociology & economics. I have been working with NGOs since then. I and 2 local young people have established a community based organization with a mission to Nurture, Empower and Transform local young people to be self reliant and independent.

I am happily married and blessed with 2 children aged 4 years and 9 months. We reside in Githurai which is a slumburbia on the outskirt of Nairobi.

I have started a poultry business which involves keeping of chicken for eggs and meat which is sold to individuals and the local hotels. I started the business to improve the total family income and also utilize the skills of agribusiness that my wife posses. The profit from the business is reinvested to expand the business thus in future the profit will be used to improve the life of the family members more so on the children education.

My Business

The poultry business involves rearing poultry with both commercial & traditional feeds like local vegetables to reduce the cost. The chicken are kept for eggs and meat hence sold to individual or hotels within community but we have got a business deal with a city hotel to be supplying them with poultry products on monthly basis thus demand is high.

The demand is high because our community has high population and also demand from the city hotels for fast foods hence few local people are involved in business because of high capital involved and high attention required for the chicken.

Customers prefer our products because it's cheap because we use hybrid feeds thus reducing our cost and also the business has good customer care services hence customer keep on coming with referrals.

The business is profitable because the demand is high and the supply is low. Also the mechanism put in place ensures we have limited costs hence high profits. The risk associated with this business is not in position to meet the increasing customers demand thus might keep off from the business thus reducing the profits.

Loan Proposal

The Zidisha loan will be used to facilitate the expansion of my poultry business through purchasing of more chicks @ KES 14000, poultry feeds @ KES 16000, expansion of the poultry structures @ KES 7000 and purchase of feeding equipments @ 3000.

The Zidisha loan will enable the business to acquire the above budget items hence it will be in position to meet the rising customers demand thus increasing the profits which will be used to repay the loan , savings for children education and reinvesting more in the business so that my children can access better education in the future.

I will keep updating the progress of project so that excellent stakeholders can really have a clear understand of the project and also I will ensure to submit the agreed amount on the specified date. I kindly request you to consider funding my loan so that I can sustain the increasing demand of customers hence will ensure to remit the agreed amount on time to facilitate my loved children have better education in future.

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