Build bigger structures for my poultry
Dankan
Mt Elgon, Kenya
$0 to go
100% funded of $150 goal
0
days left
Entrepreneur
Name
Dankan
Member since
November 2015
On-time repayments
16 installments • 0%
About Me
I was born in 1974 in mt. Elgon area that is now .
I went to Primary School between 1978 to 1986 in burnt forest primary school .
In Secondary School I went between 1987 to 1993 in Kisii .I am married to one wife with 0ne child who is in nursery school.
After High school a got a casual job with world vision kenya and I worked with them for2 years.Their after out of my savings that I got during employment I used it to develop a business (poultry farming) with my wife.
My Business
The Poultry farm has been in existence for over two years . We supply live chicken to the neighbors and also eggs . Due to consistency since we started we have a stable customer base.
The business is profitable because there is high demand for white meat and especially the local chicken which is what we are keeping and also the eggs which are preferred by most people.
The main challenges are diseases and feed which are very expensive especially when the birds are few in number.
My typical monthly cost of running the business is approximately US$300 while gross profit or income before these expenses is usually approximately US$480.
I believe that the funding will come because if I get it now I will be able to buy many birds in readiness for the market.
Loan Proposal
The main challenges are diseases and feed which are very expensive especially when the birds are few in number. Also my business is expanding and so i want to build a bigger house for the poultry.
My typical monthly cost of running the business is approximately US$300 while gross profit or income before these expenses is usually approximately US$480.
I believe that the funding will come because if I get it now I will be able to buy many birds in readiness for the market.
Feedback
Positive
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Neutral
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Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Dec 10, 2015
Repayment status
Late
Projected term
3 months
Lenders
Silver Spring, United States
Norway
France
Devon, United Kingdom
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$0.00
Amount remaining
$157.68
Expected completion
Apr 3, 2016
Status
Repaying late
Installment amount
$10.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 20, 2015 | $10.00 | ||
| Dec 27, 2015 | $10.00 | ||
| Jan 3, 2016 | $10.00 | ||
| Jan 10, 2016 | $10.00 | ||
| Jan 17, 2016 | $10.00 | ||
| Jan 24, 2016 | $10.00 | ||
| Jan 31, 2016 | $10.00 | ||
| Feb 7, 2016 | $10.00 | ||
| Feb 14, 2016 | $10.00 | ||
| Feb 21, 2016 | $10.00 | ||
| Feb 28, 2016 | $10.00 | ||
| Mar 6, 2016 | $10.00 | ||
| Mar 13, 2016 | $10.00 | ||
| Mar 20, 2016 | $10.00 | ||
| Mar 27, 2016 | $10.00 | ||
| Apr 3, 2016 | $7.68 | ||
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