Kennedy

Kiptangwanyi, Kenya

14% repaid

Entrepreneur

Name

Kennedy

Member since

January 2013

On-time repayments

11 installments  •  0%

About Me

My full names are Kennedy Kirika Kirika, a resident of Kiptangwanyi shopping center, a distance of about 45kilometers from Nakuru town. I was born in a place called Lanet about 12kilometers from Nakuru. This is where I attended my primary school, then joined a local secondary school around Lanet. I joined college as a P1 teacher. In Kenya P1, teachers are entitled to teach primary school but it is difficult to secure a job in the government’s public schools. We relocated with my family to Kiptangwanyi where I taught several primary schools. With the money that I got from the business I was able to start my own business of poultry which is very profitable. This was after an opportunity I realized in this business in this area. The market was good when I started. I am married with three children and living with my family in plot number 393 at the shopping center of Kiptangwanyi.

My Business

My business entails rearing of poultry in my small piece of land. I started this business in the year 2004 with a very few number of chicks. As a start off, I started with 50 chicks. Due to some difficulties here and there, 10 of the chicks died and I was left with 40. These numbers did not do well but I gained experience on how to raise them. The first lot of this poultry gave me a profit of 100000ksh despite the challenges that I underwent. It is to this point that I realized that with more attention and care this business would do well. I increased the number to 200chicken and this to my shock gave me a good profit. This was my basis for starting and maintaining this business. I now have about 1000chicken of different sizes. They range from small chicks, medium to already mature chicken. I hope to improve the business and even to increase more of the number of chicken in my small plot.

Loan Proposal

I am grateful for this loan as I know that this will change my business positively. With this loan I will I will add more layers in the farm. My plan is to increase the number to 5000layers at one time. This will increase the revenues in my business. I would also like to use the loan to search for market in other towns where the price for eggs is slightly higher.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Feb 9, 2013

Repayment status

Late

Projected term

12 months

Lenders

A

Anninymouse

Southampton, United Kingdom

AWOL

USA, United States

Sideburnjack

Conroe, TX, United States

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

aarongabrielson

Heber City, United States

Kjartan

Oslo, Norway

S

SMRosen

Hershey, United States

Scott Walker

Canmore, Canada

B

Bavarian

Bavaria, Germany

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

mewesten

Waynesboro, United States

P

Prysdahl

Marshall, United States

B

BlitheTrouper

Denver, United States

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Summary

Amount repaid

$79.07

Amount remaining

$493.67

Expected completion

Feb 17, 2014

Status

Repaying late

Installment amount

$52.07

Repayment History

Expected Payments Actual Payments
Apr 18, 2013 $52.07 Apr 22, 2013 $34.88
May 6, 2013 $17.19
May 18, 2013 $52.07 May 6, 2013 $0.26
May 23, 2013 $26.74
Jun 18, 2013 $52.07
Jul 18, 2013 $52.07
Aug 18, 2013 $52.07
Sep 18, 2013 $52.07
Oct 18, 2013 $52.07
Nov 17, 2013 $52.07
Dec 17, 2013 $52.07
Jan 17, 2014 $52.07
Feb 17, 2014 $52.05

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