Vin's farm

Vincent Kirima

Kithirune, Kenya

28% repaid

Entrepreneur

Name

Vincent Kirima

Location

Kithirune, Kenya

On-time repayments

67 weekly installments  •  18%

About Me

My name is Vincent kirima.I was born on 29th April 1994.I was 4 years old when i started my primary school at uruku day primary school where i completed my primary education in 2007 . I joined Meru school for my secondary education which i completed in 2011.My main hardship in life was when i completed my high school was raising a capital to start mu agribusiness which was about 50000ksh, including cost of putting up farm structures and acquiring chicken for rearing. The idea came to me when i needed money to look after my grandmother who needed medical help which would have been possible if i had an income generating project. i started keeping chicken since as a young boy my mother used to rear them and i could see the potential in the business. My home has a pleasant climate for chicken rearing since i can acquire left over foodstuffs from a neighboring school. Its not the ideal feed but since i was starting the business it had to do. in my free time i like reading books in agribusiness and also entrepreneurship articles. I also visit marimba farm which is a few meters from my home to get more education on chicken farming

My Business

About three months ago i decided to commercialize the project so as to generate substance and savings for my future family and i can say the project has picked well till i lost my fifty chicken from a bird disease that hit our market. The resources i had were channeled to make better chicken hatches this has brought a major setback as the clients that i had were still knocking at my door but i cant maintain the demand. I spend around 3000ksh on chicken feeds which in turn generates an income of about 6500ksh from sales of meat and eggs all the money generated from the chicken apart from adding on stocks and saving in three year fixed account which i plan to build a house.

Loan Proposal

i wish to acquire a brooder to enable me hatch my chicks without necessarily having a hen.this will help me greatly since it will enable me increase my flock tremendously increasing my monthly revenue from 6500kshs to around 11500kshs a month. it will roughly cost me around 6 dollars to acquire the brooder but it will be completely worth it. with the brooder i will begin hatching around 20 eggs to chicks which i will also start selling to boost my revenue. this increase will also enable me teach some of my local area friends on how to use a brooder in case they wish to venture in the same business.since i have been trained from marimba farm on how to use a brooder i wouldn't incur any extra cost in getting training .i will highly appreciate it if i was to get the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

May 13, 2015

Repayment status

Late

Projected term

16 months

Cost to entrepreneur

Service fee: 5% of $100.13 = $5.01

Upon joining Zidisha, Vincent paid a lifetime membership fee of $8.86.

Vincent opted to pay $26.58 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

N

nitram

Stockholm, Sweden

S

snowcrystal86

New York, United States

michellev

Melbourne, Australia

DavidRisstrom

Melbourne, Australia

S

stevetanner

Geneva, Switzerland

H

hteba

Northwich, United Kingdom

F

flaguy999

Tampa, United States

A

Andrew22

Hopewell PA, United States

H

Harmony

Cleveland, United States

G

giova

Padova, Italy

C

Csquared

United States

D

dajja

Stockholm, Sweden

S

sarah4d2

Saint Louis, United States

mepster

San Francisco, Ca, United States

L

Linda

United States

S

spaceandthyme

United States

I

IndianaMike

United States

A

afrakhan

United Kingdom

N

nedenchase

United States

G

Gfunkey

United States

S

smanda

United States

J

JamieRobertson

United Kingdom

A

amarzaidi1995

United Kingdom

M

Mscov

United States

S

StefanB

Stockholm, Sweden

K

Kebrenagast

New York, United States

R

rokbe

Netherlands

mysterry

Saint Lazare De Vaudreuil, Canada

S

seanos

Nottingham, United Kingdom

M Jordan

United States

B

bwmoore

United States

P

Pinkhobgoblin

United Kingdom

alecors

Mexico, Mexico

A

andreab

United States

P

Pragathi

United States

MZ

Morley Zhi

United States

Darcy

Ottawa, Canada

R

ras

Germany

MY

Moe Yoshioka

United States

Shen Ge

Houston, United States

E

Erich

Zurich, Switzerland

S

Steve

United States

Elly

Woudrichem, United Kingdom

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