Yuvenalis
Kisii, Kenya
100% repaid
Name
Yuvenalis
Member since
March 2017
On-time repayments
61 installments • 49%
I am Yuvenalis Mogire. I went to school at Sengera; although I had struggles with life working in our shamba and grazing livestock, I managed to finish O levels. Later I did a certificate in business administration in St. Ann College in Kisii town. After school, I secured a job with the municipal council, from which I managed to save money to start my business. I have three kids whom I am schooling and supporting fully.
After saving, I bought three-week chicks that I personally reared and I liked the idea. After my first sales, I started to rear indigenous chickens (Kienyeji chickens) which I sell to nearby hotels. I opted to raise Kienyeji chickens because of the harsh cold weather here; the indigenous chickens adapt well to the weather. I also sell eggs. I make a profit of USD $1,200 per month, which I use to feed my family and pay school fees for the children.
I am requesting for funds to buy more feeding equipment for my chickens and additional chicks to replace the aging chickens.
One feeding trough will cost me USD $8, and I will buy 15 of them. Young chicks will cost me USD $100. With this new equipment, my chickens will have good health, thus more production. After buying young chicks, I will be able to dispose of the aging ones. With the proceeds I will be able to pay this loan and refresh my venture. With good earnings I will be able to pay my bills and improve the living standards of my family.
I am Yuvenalis Mogire, I went to school at Sengera though with struggles with life working in our shamba and grazing livestock I managed to finish O levels.
Later I did a certificate in business administration in St Ann college in Kisii town. After school I secured a job with municipal council where I managed to save money to start my business. Am still an employee of the council to date and with my salary l support my family and in case my business is not doing well I can plough in more capital to service my loan.
I have three kids whom am schooling and supporting fully.
After savings I bought three week chicks that I personally reared and I liked the idea. After my first sales I started to rear indigenous chicken (kienyeji chicken) which I sale to nearby hotels I opted to to kienyeji chicken because of the harsh cold weather here and the indegineous chicken adapt well with the weather. I also sell eggs
I make profits of USD 1200 per month
I use them to feed my family and pay school fees for the children
I am requesting for funds to buy more feeding equipments for my chicken and addition chicks to replace the ageing chicken.
One feeding trough will cost me USD 8 to buy 15 of them and young chicks will cost me USD 100. With this new equipment my chicken will have good healthy thus more production. After buying young chicks I will be able to dispose off the ageing ones. With the proceeds I will be able to pay this loan and refresh my venture.
With good earnings I will be able to pay my bills and be able to improve the living standards of my family.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$201.00
Date disbursed
Aug 22, 2017
Repayment status
On Time
Projected term
16 months
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