Increase my paultry stock

Christopher

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Christopher

Member since

February 2015

On-time repayments

54 installments  •  17%

About Me

Hi partners, I am Christopher Kayando, married and aged 29 years with two children. I dropped out of school in form three due to lack of school fees.
My ancestral home is Siaya county but I was born and brought up in Eldoret and this where I got married to my wife Jane William who comes from Western part of Kenya.

I have tried several odd jobs like making and selling mandazi’s. buying and selling second hand clothes which later also became very expensive and II had to stop. It was after this that I ventured into poultry farming which was introduced to me by a friend.

My Business

After my friend shared with me about poultry farming I decided to venture into it because of its viability. The demand for white meat and local eggs is very high that what I am producing is still not enough to meet the demand.

The main challenges in the industry, is high cost of medicine and the feeds for the birds. They have several diseases that need treatment of all kinds for them to survive and be able to reach the market.
My typical monthly cost of running the business is $220, while gross income before expenses is usually approximately $450. If I get the loan, I will be able to buy more birds and also get medicine and feeds for the birds.

I supply eggs and local chicken in the surroundings. The demand is always there as I had mentioned earlier because of the demand for white meat.

from the proceeds, I will pay tithe of 10% to the Church, re- invest 50% in the business, use at least 10% to assist my aging parents , 20% for personal use and then 10% to service the loan.

I am excited to know that at least we have a micro-finance that is there to assist the struggling entrepreneur like to acquire loan and boost my business.

Thanks in advance for funding my loan to enable be able to meet my ends and also take two children to school.

Loan Proposal

Once more I thank all zidisha lender and zidisha community for the opportunity to get funded ,If funded, I will use the money as follows.
Birds kshs. 50,40(56 us dollars)
Feeds kshs. 2500 (28 us dollars)
Drugs kshs. 1500. (16 us dollars)Thanks in advance for funding my loan.God bless you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 19, 2015

Repayment status

On Time

Projected term

8 months

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