Entrepreneur
Name
Alex
Member since
April 2014
On-time repayments
259 installments • 55%
About Me
My name is Alex murithi. I am a young Kenyan graduate from Chuka University class of 2015 November. I come from a humble family of 3 siblings .Thanks for taking your time to read through my Zidisha profile, apart from studies I have always had a passion for business.
I have always been passionate in changing and expanding the mindset of young people towards entrepreneurship. The types of business I do include freelance writing and forex trading.
I have been in these businesses since I joined college and they have helped me to cater for my expenses as well as pay school fees for my younger sibling.
Having gained some good wealth of experience, I do train, mentor, employ young people interested to join these type of business and any other online jobs I have knowledge about. The reason I have ventured in business is due to the high rate of unemployment in Kenya. I therefore decided to take lead in investing time in learning skills in these online jobs that can make me self-independent . Some of my hobbies include reading, networking, swimming, travelling and writing articles. I am sure we can tackle the unemployment rate in our country by teaching young people to work online and I wish to train as many as possible youths to earn some income from these exciting online ventures.
My Business
My two major sources of income come from my Forex trading business and freelance writing. I also run some transport/logistics business aside. I trade stocks and indices as well as offer my writing skills to companies and individuals in need of content. Apart from doing these I also train, mentor and employ young people ready to learn the above named skills. I am currently running these Trainings and mentorship programs under my platform known as Brains With Concepts. My main aim is to encourage youths to solve unemployment through entrepreneurship through learning skills such as content curation and trading currencies and stocks.
I have been doing the training part time, but now I want to do regular training and recruit more youths into entrepreneurship. These services are on high demand because of the high unemployment rate among graduates in Kenya. Costs incurred during my training sessions include hiring a standard conference room, hiring presentation gadgets and payment of some trainers I invite during my meetings. These may total up to 700$ for a session that may take 1 week. I charge 100$-200$ for these workshops inclusive of a mentorship package we offer to the trainees where we guide them untill they are able to make consistent income using the skills learnt. I use the profits in paying office bills, enrolling for other courses to sharpen my skills and re investing in other offline ventures.
Loan Proposal
When I get this loan 100$ will be used for expansion/upgrading of the exiting poultry house. This is essential to ensure the 2000 chicks get enough inflow of clean air and ample feeding space. The existing structure is able to hold a maximum of 300 chicks only. With each chick costs 200ksh which is 2$ US, I will therefore use 400$ to buy more chicks to hit the total 2000 target. Some of the few coins saved will be used for transporting the chicks. 100$ will be used to buy drinkers and feeding troughs. These are very essential considering the number of chick intended to raise. A modern drinker system will also be installed within this budget to reduce contamination. 200$ will be used to buy feeds and medicine. Feeds are quite costly and in the long run I look forward to starting my processing plant to save feed expenses. Vaccines are very essential and will be offered on regular basis to keep off infections from the flock. I will top up the remaining 100$ with my savings to buy a 2000 egg capacity Incubator that will be used to hatch eggs in the coming few months when the flock starts laying. I intend to hatch and sell the chicks to my local community members at a fair price.
This is the most interesting part of business, and shows how my business is quite profitable. Considering the hens ray with a success rate of 50%, I will be getting 1000 eggs in a day. In a month I will have 4000 eggs. Half of these will be incubated and sold as young chicks, each selling at 150ksh which is quite fair unlike other dealers who sell at 200-300. With 2000 eggs, being sold at 200ksh each I will make 400,000ksh. The rest of the 2000 will be sold as eggs, each selling at 20ksh bringing 40,000ksh in a month. It means I have a total income of 440,000ks in a month. 50% will cater for expences such as food, electricity, medicine and regular checkups from experts, transport and marketing. I will therefore be making a profit of 200,000ksh in a month. I intend to use online marketing using a website, SMS, whatsap and facebook Ads an art which has not been used by local farmers. I will also shoot videos and use pictures for marketing purposed while educating any potential farmers to join the lucrative poultry business. Please help me make my poultry dream business a reality. Thanks in advance
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Loan Info
Project Type
Classic Loan
Disbursed amount
$919.00
Date disbursed
Jun 18, 2016
Repayment status
On Time
Projected term
24 months
Lenders
Austin, United States
Colorado, United States
Orlando, Florida, United States
melbourne, Australia
Melbourne, Australia
College Station, United States
Stamford, USA, United States
torra pallavicina, Italy
Germany
Beach City, United States
Philadelphia, United States
United Kingdom
United States
Australia
United States
United States
Canada
Germany
Belgium
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Summary
Amount repaid
$964.95
Amount remaining
$0.00
Date repaid
Jan 22, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 1, 2016 | $30.28 | Aug 2, 2016 | $30.28 |
| Jul 8, 2016 | $30.28 | Aug 2, 2016 | $30.28 |
| Jul 15, 2016 | $30.28 | Aug 2, 2016 | $30.28 |
| Jul 22, 2016 | $10.09 | Aug 2, 2016 | $10.09 |
| Jul 29, 2016 | $0.00 | ||
| Aug 5, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Aug 12, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Aug 19, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Aug 26, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Sep 2, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Sep 9, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Sep 16, 2016 | $2.02 | Aug 8, 2016 | $2.02 |
| Sep 23, 2016 | $2.02 | Aug 8, 2016 | $1.01 |
| Oct 12, 2016 | $1.01 | ||
| Sep 30, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Oct 7, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Oct 14, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Oct 21, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Oct 28, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Nov 4, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Nov 11, 2016 | $2.02 | Oct 12, 2016 | $2.02 |
| Nov 18, 2016 | $2.02 | Nov 18, 2016 | $2.02 |
| Nov 25, 2016 | $2.02 | Nov 18, 2016 | $2.02 |
| Dec 2, 2016 | $2.02 | Nov 18, 2016 | $2.02 |
| Dec 9, 2016 | $2.02 | Nov 18, 2016 | $2.02 |
| Dec 16, 2016 | $2.02 | Nov 18, 2016 | $2.02 |
| Dec 23, 2016 | $100.93 | Feb 7, 2017 | $100.93 |
| Dec 30, 2016 | $0.00 | ||
| Jan 6, 2017 | $0.00 | ||
| Jan 13, 2017 | $0.00 | ||
| Jan 20, 2017 | $0.00 | ||
| Jan 27, 2017 | $0.00 | ||
| Feb 3, 2017 | $0.00 | ||
| Feb 10, 2017 | $0.00 | ||
| Feb 17, 2017 | $10.09 | Feb 17, 2017 | $10.09 |
| Feb 24, 2017 | $10.09 | Mar 12, 2017 | $10.09 |
| Mar 3, 2017 | $10.09 | Mar 12, 2017 | $10.09 |
| Mar 10, 2017 | $10.09 | Apr 10, 2017 | $10.09 |
| Mar 17, 2017 | $10.09 | Apr 10, 2017 | $5.05 |
| Apr 11, 2017 | $5.05 | ||
| Mar 24, 2017 | $10.09 | Apr 11, 2017 | $10.09 |
| Mar 31, 2017 | $10.09 | Apr 11, 2017 | $10.09 |
| Apr 7, 2017 | $10.09 | Apr 11, 2017 | $10.09 |
| Apr 14, 2017 | $10.09 | Apr 13, 2017 | $10.09 |
| Apr 21, 2017 | $10.09 | Apr 13, 2017 | $10.09 |
| Apr 28, 2017 | $10.09 | Apr 27, 2017 | $10.09 |
| May 5, 2017 | $10.09 | May 17, 2017 | $10.09 |
| May 12, 2017 | $10.09 | May 17, 2017 | $10.09 |
| May 19, 2017 | $10.09 | May 17, 2017 | $10.09 |
| May 26, 2017 | $10.09 | May 25, 2017 | $10.09 |
| Jun 2, 2017 | $10.09 | Jun 16, 2017 | $10.09 |
| Jun 9, 2017 | $10.09 | Jun 16, 2017 | $10.09 |
| Jun 16, 2017 | $10.09 | Jun 16, 2017 | $10.09 |
| Jun 23, 2017 | $10.09 | Jul 19, 2017 | $10.09 |
| Jun 30, 2017 | $10.09 | Jul 19, 2017 | $10.09 |
| Jul 7, 2017 | $10.09 | Jul 19, 2017 | $10.09 |
| Jul 14, 2017 | $10.09 | Sep 7, 2017 | $10.09 |
| Jul 21, 2017 | $10.09 | Sep 7, 2017 | $10.09 |
| Jul 28, 2017 | $10.09 | Sep 12, 2017 | $10.09 |
| Aug 4, 2017 | $10.09 | Sep 12, 2017 | $5.05 |
| Sep 21, 2017 | $5.05 | ||
| Aug 11, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Aug 18, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Aug 25, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Sep 1, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Sep 8, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Sep 15, 2017 | $10.09 | Sep 21, 2017 | $10.09 |
| Sep 22, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Sep 29, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Oct 6, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Oct 13, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Oct 20, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Oct 27, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Nov 3, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Nov 10, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Nov 17, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Nov 24, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Dec 1, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Dec 8, 2017 | $10.09 | Nov 21, 2017 | $10.09 |
| Dec 15, 2017 | $50.47 | Nov 27, 2017 | $50.47 |
| Dec 22, 2017 | $0.00 | ||
| Dec 29, 2017 | $0.00 | ||
| Jan 5, 2018 | $0.00 | ||
| Jan 12, 2018 | $0.00 | ||
| Jan 19, 2018 | $0.00 | ||
| Jan 26, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Feb 2, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Feb 9, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Feb 16, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Feb 23, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Mar 2, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Mar 9, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Mar 16, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Mar 23, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Mar 30, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Apr 6, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Apr 13, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Apr 20, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Apr 27, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| May 4, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| May 11, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| May 18, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| May 25, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jun 1, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jun 8, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jun 15, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jun 22, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jun 29, 2018 | $10.09 | Jan 22, 2018 | $10.09 |
| Jul 6, 2018 | $6.11 | Jan 22, 2018 | $6.11 |
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