Entrepreneur
Name
Daniel
Member since
November 2014
On-time repayments
351 installments • 36%
About Me
My name is Danial Sihalo,I am a headteacher at Butunyi Primary School,and a farmer.I was born in a family of 3 ,I am married with 6 kids.
I was born in humble background and grew up with lots of hardship,including lack of fees and food.After secondary school i decided to venture into business farming and specialized in pig keeping. From the sales i was able to earn living and pay for my fees at college level.
I love music and so during my free time i listen to music and sing.
Currently I am the head teacher of Buchirinya Primary School in Kakamega County. I was transferred to my current station in December 2019.
I have three children in college, three in High School, and two in Primary.
I practise horticultural farming, poultry farming and run a small grocery shop.
These projects help to supplement my income from teaching.
My Business
POULTRY PROJECT
My current business involves buying of one day old local breed chicks and selling them from the age of two weeks.
My community has a lot of cultural attachment to chicken. Chicken is the most common delicacy in many ceremonies such as weddings, funerals, dowry payment and circumcision.
Chicken rearing has therefore become a major income generating activity in my locality due to the increased demand.
Many local farmers fear handling young chicks because of high mortality rates resulting from limited knowledge on vaccination and hygiene practices.
This is an opportunity for me because I have a structure where I confine them until they are ready for market and I am also knowledgeable in vaccination of poultry.
In the current proposal I intend to purchase 350 chicks for kshs. 35,000/=.
I will use kshs. 10,000/= to purchase feeds, kshs. 2,000/= to buy a breeding roster and kshs. 3,000/= for vaccination/treatment.
I will use part of the maize I harvested from my garden to do feed formulation and save on expenses for feeds.
30 of the chicks can cater for mortality though this is still on the higher side. The remaining 320 will be sold after 4 weeks each at kshs. 250/= raising a total of kshs. 80,000/=
This will give an approximate profit of ksh. 27,000/=
I will use proceeds from this project to repay my loan and the profit will be for payment of fees balances for my children and also take life insurance cover for my aging parents.
Loan Proposal
I thank you dear lenders for the kindness,support and advise you have given me ever since I joined zidisha.with the funds from zidsha I have been able to successfully expand my business and increased profitability.
I am requesting for another loan to help me execute further expansion plan that would include 1/2 an acre of organic farm .I intend to produce high quality horticultural crops that will be safe and good for human consumption. I beg you support me please.Thank you always.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$546.00
Date disbursed
Jul 9, 2015
Repayment status
On Time
Projected term
66 months
Lenders
York, United States
port hope, Canada
San Francisco, United States
JOHNS ISLAND, United States
Vancouver, Canada
SOUTHBANK, Australia
Kaohsiung, Taiwan
Leiderdorp, Netherlands
Hertford, United Kingdom
Canada
United States
United States
United States
United States
United States
United States
Canada
Amsterdam, Netherlands
Denmark
United States
Waverton, Australia
Canada
Australia
Germany
Australia
United States
United States
Australia
Germany
United States
United States
United States
Canada
Qatar
Washington DC, United States
United States
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