Entrepreneur
Name
Jimmy
Member since
December 2015
On-time repayments
159 installments • 41%
About Me
My names are Jimmy Kuta ,married with one kid. moved to Mombasa city from the village after clearing my high school and my parents could not raise my university or college fees.
I ventured in small business to make ends meet. and also got involve in transport business tho as driver ,and poultry keeping -broilers.its through this business that i managed do accounting professional courses to section 3.
Over time,i have managed to maneuver in my small business through loans and groupings ,and that has motivated me to join zidisha to be part of the mechanisms that will see my vision of owning a business empire materialize.i therefore thank you Zidisha for approving my membership.
My Business
My poultry business is picking up well.I do keep 300 to 500 cheeks at interval of two weeks and they take 4 to 5 weeks to mature.I then sell them.
Being a business i do incur typical costs i.e from the 300 cheek reared and at maturity of 4 weeks when sold at 350 each i get total sales of 1050dollars.This attracts following costs 7 bags of both starter feeds for 22400,10 bags of finisher feeds for 30,000 transportation costs and vaccines 12,000 and local authorities fees 5000 total expenses is about 694 dollars thus making profit of about 356 dollars.So when stocked at intervals of two weeks the selling season is becomes daily and thus there's flow of cash which enables me repay loan installments.
I use the profits to for school fees of my 1 daughter and some also for my tuition. Fees since I study accounting and currently on section 2 of certified public accounts training.
Vision wise am looking forward to acquire bigger farm for my poultry business,and am optimistic that zidisha will be able of help to see my business grow and my homes academical ladder for up
Loan Proposal
I have purchased feeds 20bags which requires transportation to reach my place. I would therefore use this loan amount to cater for tramsportation expenses
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Loan Info
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Feb 2, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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