Name
David
Member since
January 2015
On-time repayments
267 installments • 6%
My name is David Ambundo . I went to Eshibuli primary school and Eshibuli secondary school. I am the third born in a family of 5.Both my parents passed on when I was still in primary school and have been living with paternal aunt who educated us ,and gave me everything ,I required in life.
After completing my secondary education I joined kenya utalii college ,I graduated with a diploma in catering. While working in some hotel ,along moi avenue Nairobi,that used to serve turkeys,I noticed the demand for turkeys was very high yet the supply was very minimal. That is when I decided to quite my not paying well job to venture into turkey farming.
I started the businees in 2012,only with two turkeys ,they have since multiplied to 18,turkeys. turkey farming is really a good business because of high returns.
I have two children who attend a local primary school ,they are yet to really decided what they want to do in life when they grow up because they are still very young.
My business is turkey keeping, I sell fertilized eggs , and turkeys both for keeping and slaughtering.
Turkey business is not popular in western Kenya and that is why the demand is high because most people have realized keeping turkeys is a good business, the demand is thus very high due to high number of farmers buying them for keeping. I always get orders when the turkey is still brooding.
In a good month I sell four young turkeys at $40 each, and fertilized eggs.my revenues are about $200 in a month. My expenses average at $90.
I use my profits to pay school fees for my young brother in hey school as well as my kids. I also do so savings to put back to my business.
Dear lenders, I hope your are doing fine and in good health. I am doing well and the future looks brighter,courtesy of your assistance. I am requesting you to help me finance purchase of seeds,knapsack sprayer and foot pump for my newly leased 0.5 acre of land. I intend to plant green vegetables , for feeding my turkeys and selling supplements. Turkeys are heavy feeders on greens and given my farm is expanding as I expect 13 more turkeys,next month.i have to get a reliable cheap source of greens. I will also sell surpluses and increase my profits. Thank you in advance for your incredible kindness.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$297.00
Date disbursed
Mar 3, 2015
Repayment status
Late
Projected term
61 months
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