Name
Donald
Member since
September 2013
On-time repayments
85 installments • 61%
My name is Donald Mogesi Tinega and was born in 14/10/1979 in Kisii North, Borabu Division, Esise Location, Ekerubo Sub-Location.
I started my primary Education in Memisi DEB Primary School, whereby I completed my education in the year 1994, later I started my Secondary Education in the year 1995 and completed in the year 1998 in my O-level.
In the year 2001 I joined Bishop Ndingi Mwangaza College in Nakuru, whereby I pursued in KATC 1&2, I then proceeded to CPA in part one in the year 2002. I completed part two in the year 2004.
I am employed with a lower working class at Transmara Sugar Company Limited, whereby I started a side business in poultry farming. In poultry farming I deal with broiler chickens business whereby I started with 50 birds and have grown gradually to a level of 300 birds currently. I intend to attain at least 500 birds in one lot and have a cycle of 3 annually so that I can meet my customers demand.
My customers prefer white meat as compared to red meat, my business cycle is short as it takes only six weeks to have the product ready in the market. My customer targets are individuals and commercial hotels and it is not saturated.
My business profit is still not much due small bird population. This business have risks and challenges which arise from nutrition and disease.
I am once again sharing my proposal to lenders to support me raise my loan to enable me go step forward in terms of development. My proposal is as below budget.
1. Broiler chicks price Ksh 65 per chick
100 chicks x65 per chick = 6500
2. Feeds
- starter mash - 2 bags @ 3000x2 = KSH 6000
-Finisher mash - 3 bags @ 3050x3= KSH 9150
3. Drugs @ Kshs 2000
4. Miscellaneous KSH 2000
Total KSH 25650
TOTAL in USD 250
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$85.00
Date disbursed
Dec 3, 2015
Repayment status
Late
Projected term
5 months
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