Two brooders for my infant chicks

Edwin

Nyatieko, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

June 2014

On-time repayments

268 installments  •  61%

About Me

I dropped out electrical engineering class from Moi university in the year 2010. I was forced to drop out of university due to problems in paying my fees but since then i found pleasure doing poultry farming. I was selected to be one of the youths in my county to pioneer a poultry farming project dubbed 'kicking away poverty one chick at a time'. The project, aimed at alleviating poverty among young adults in my county, involved donating one hen, one cock and two chicks to selected youth. With little help from wages i had made working in a local brewing den here in my village where i was paid 2 dollars a day to help in brewing an illicit brew called chang'aa where i managed to buy 2 hens per week.I have since then been successful and I now own close to 200 chicken at any given time. I believe that I can grow my business and take it to the next level. My dream is to be a model poultry farmer in my county, and possibly inspire as many youths as possible to consider agribusiness as a serious and viable business undertaking. With the couple of loans zidisha have given me since year 2014 it has helped improve my farms earnings and am happy to report that i managed to go back to university and got admitted as a second year student in the school of business management, and my hope is that my business will be able to support me through.I also dream to run a multiple number of businesses in the future for instance electronics which i dealt with when i first joined university in the year 2007.

My Business

I rear chicken and I am currently listed as a supplier in a local schools where I supply eggs and occasionally, chicken.I also supply eggs in near local shopping centers close to my home and my hometown too.I currently have 200 egg-laying chicken and I supply 10 crates of eggs per week (300 eggs). This earns me approximately 50 dollars per week. I also occasionally sell an average figure of 10 chicken a week earning 40 dollars. This translates to an average of 350 dollars per month. I also have expenses as follows: chicken feed- 100 dollars, veterinary services- 50 dollars and other miscellaneous expenditure of about 50 dollars. Zidisha has helped me also purchase a chaff cutting machine which has also proven resourceful since it can earn me an average figure of 10 dollars a week from grinding chicken feeds from various farm remains that i sell to my surrounding community.Zidisha loans also helped me acquire a computer set and a printer which has improved the efficiency in my farm more so record keeping of farms sales and purchases.I recently acquired two cows that are yet to be productive.My farm has three casual employees who are currently assisting me to do the farm work and i pay them total of 100 dollars per a month. My personal living expenses have since improved from about 100 dollars to 170 dollars per month.

Loan Proposal

I will use the loan to purchase advanced electric brooders.Currently i have been using bulbs which blow frequently and it had been costing me a lot replacing them not to mention that i have been loosing averagely 20 infant chicks in every two weeks due to cold.With the purchase of the brooders i will be able to contain this situation and increase my productivity.Each brooder will cost me kshs 6000 and it can support 20 chicks .This will enable me raise more chick that i will be selling and rearing to enable me maintain my repayment of the loan.Thank you zidisha for this opportunity.

Feedback

5

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  • Margaret    Jul 17, 2017

    Edwin is an excellent mentor and businessman. He is a pleasure to work with and I will be happy to lend to him again.

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  • Mary    Jul 6, 2017

    Edwin is an excellent borrower. He has a clear vision of where he wants his business to go and has the skills necessary to get there. He is an impressive entrepreneur!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Jan 1, 2015

Repayment status

On Time

Projected term

6 months

Lenders

T

tmarkus

Netherlands

Leonardia

Waddinxveen, Netherlands

C

ColoradoSkier

Denver, United States

S

Symoneous

Netherlands

WH

Walter Hill

United States

Matt B

Stratford Upon Avon, United Kingdom

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