Back-up generator for incubator

Lorine

Migosi, Kenya

Funds disbursed

$0 to go

100% funded of $301 goal

0

days left

Entrepreneur

Name

Lorine

Member since

February 2016

On-time repayments

48 installments  •  65%

About Me

My childhood life was difficult ,my parents divorced when I was young and I was raised single handily with my late mother. Although we could spend some days with no food mum always struggled to make me and my young sister g to school. I went to ukwala primary passed well and proceeded to Ngiya girls secondary school,I passed well and joined maseno university where I was forced to defer at my second year due to fees problems.
After my deferment from college I almost gave up in life for I knew I could not afford to make the required money,I joined Yolee youth group and we received training on poultry production.We could also make contributions and get loans, I took a loan of $100 and bought 5 mature hens and a cock,i did not have a poulty house and so I always spend my nights with the birds in my house.After a few days the all started laying eggs and then brooding. I was able to get my first set of 60 chicks from 5 birds , 10 died and 50 successfully grew. I am now in my final year at the university ,courtesy of poultry farming.
I play basket ball during my free time, I also love reading novels and watching movies.

My Business

I keep indigenous poultry in my farm and sell fertilized eggs and live poultry for meat. I mainly sell the cocks to avoid inbreeding and buy cocks for breeding.
The desire by many families for white meat explains why the demand for poultry is high.
I choose these business because it is easy to manage and the market for poultry and eggs is readily available .
my monthly costs average are $200 for feeds and labor and my monthly revenues on average are $ $450 per month.
I use 50% of my income to cater for my university fees and the rest for reinvestment and paying fees for my sister.

Loan Proposal

I am very thankful to you all lenders.I am requesting for another loan to help me buy a generator that I would use during blackouts,these will helped reduce losses because eggs often go bad when there is a blackout lasting more than 8 hours,I have suffered losses but i think the generator would be the solution. I would top up $300 loan with $100 to get the generator. Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$301.00

Date disbursed

Oct 27, 2016

Repayment status

Late

Projected term

3 months

Other loans

Lenders

Matching Fund

Sterling, United States

M

mariamfula

United States

BS

Brandon S

United States

J

James

United States

Craig Newmark

United States

Angi

Germany

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

TL

Tao Luo

United States

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Summary

Amount repaid

$0.00

Amount remaining

$301.20

Expected completion

Feb 5, 2017

Status

Repaying late

Installment amount

$23.17

Repayment History

Expected Payments Actual Payments
Nov 6, 2016 $23.17
Nov 13, 2016 $23.17
Nov 20, 2016 $23.17
Nov 27, 2016 $23.17
Dec 4, 2016 $23.17
Dec 11, 2016 $23.17
Dec 18, 2016 $23.17
Dec 25, 2016 $23.17
Jan 1, 2017 $23.17
Jan 8, 2017 $23.17
Jan 15, 2017 $23.17
Jan 22, 2017 $23.17
Jan 29, 2017 $23.17
Feb 5, 2017 $0.01

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