Poultry farm

Simple

Syokimau, Kenya

100% repaid

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Entrepreneur

Name

Simple

Member since

September 2018

On-time repayments

131 installments  •  60%

About Me

My name is Simple Simon Macharia, an IT guy with great interest in agriculture. I am passionate about technology and agriculture. 12 years ago, I realised that my salary is not the way to financial independence and decided to venture into business. I started off with a small cyber cafe and computer repair business where i employed 2 people. A few years later, was able to venture into distributing internet service via wireless networks. I ran the business for around 7 years while still attending college but later sold the business to fund college and restrategise after the birth of my first son. I also got a full time job in a small telecommunications company but the desire to be in business still consumed me.I then decided to venture into farming with a focus on poultry keeping after realising the huge deficiency in supply of eggs and meat presented a business oportunity.

My Business

I have a full time job as a network engineer but my business is farming. I have a small farm in Embu, Kenya where I keep a few goats and cows, grow sunflower and raise chicken. I currently have 650 layers and looking to grow the number to 2000 by end of the year. In addition to the layers, i have about 35 goats and 4 cows under the care of 2 hired farmhands. Due to the huge demand for eggs, i buy eggs from other farmers to add to the 120 trays of eggs that we produce in a week. I currently sell 300 trays a week and the demand is still high so i still need to add more chicken.

Loan Proposal

This loan is primarily intended to contribute to a future higher limit. I will use it to purchase feeds for my chicken but more importantly, I want to maintain my 100% repayment record so I can access a larger loan that will enable me to build an extra poultry house.

Feedback

3

None

None

  • nicole    Jul 1, 2021

    My second loan - paid on time. I would be happy to lend to you a third time!!

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  • nicole    Aug 17, 2020

    Paid on time - I would be glad to lend to you again!

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  • G

    guenter    Oct 23, 2019

    Simple payed back very well!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$139.00

Date disbursed

Jun 13, 2019

Repayment status

On Time

Projected term

8 weeks

Other loans

Sep 2018:  $1

Dec 2018:  $1

Dec 2018:  $16

Feb 2019:  $18

Apr 2019:  $29

May 2019:  $32

Aug 2019:  $139

Aug 2019:  $139

Sep 2019:  $139

Oct 2019:  $202

May 2020:  $202

Aug 2020:  $304

Jul 2021:  $288

Lenders

BP

Bing-shu Pan

Taiwan

Ask Simple a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Simple    Jan 28, 2022

    I have been trying to reduce to a lower and more manageable amount but the system is only allowing me a minimum of 1128 and only for 2 installments. In the meantime, I am still working towards clearing in full

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  • Simple    Jan 17, 2022

    Good evening zidisha community. I apologise for the delay in repaying my loan. The death of my chicken totally destabilized my finances but I will keep at it. In the meantime, the system only offers me the chance to reduce 2 installments and a minimum amount of 1128. It no longer gives lower figures or greater number of installments

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  • Simple    Dec 20, 2021

    I am still having a challenge rescheduling payments. I am only seeing 2 installment amounts and only allowed to reschedule 2 payments at a time.

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  • Peter    Dec 17, 2021

    Spoke to Mr Nganga again today and he's having trouble rescheduling his loan at the moment and promised to get Zidisha posted

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  • Simple    Dec 7, 2021

    I am still working on regularising repayments.

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  • Simple    Nov 30, 2021

    Hello community, after the loss of most of my new chicks, the surviving 70 have not yet started laying eggs. I expect them to start production in mid December when they will have attained the age of 4.5 weeks. In the meantime, I am struggling to repay from other income sources although it has been a challenge. I am confident that from end of December, I will get back on schedule.

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  • Simple    Oct 22, 2021

    Good afternoon zidisha community? I have been irregular in making my payments. As I had earlier posted, I faced a challenge due to the quality of feeds and disease. Currently, 81 of the original 527 chicks are alive and well and will be in production from December. Despite having a contract that obliged me to use the dealer's feeds,after the nasty experience and the immediate improvement after changing feeds, going forward I will stick to only commercial feeds from unga or pembe limited.

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  • Daniel    Sep 23, 2021

    Dear Lenders,
    Have spoken to Mr Nganga and he has promised to work it out and clear the overdue

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  • Simple    Sep 14, 2021

    Good morning members, as I continue with the new flock, I am still battling high mortality and feeding expenses. This means virtually no income from the farm as I am also not milking cows. I hope to be in a better position soon. I apologize for the late repayments but I will keep trying my best.

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  • Simple    Aug 23, 2021

    Good afternoon zidisha, as I have previously shared, the first 5 months of chicken rearing are very capital intensive and no income comes in before the 5th month when they begin to lay eggs. I am however using the income from the dairy cattle to make my loan repayments and it is lower than the income from the hens. I will however be able to recover soon. Thank you.

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  • Simple    Aug 6, 2021

    They have to stay warm. It's very cold in Kenya currently.

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  • Simple    Aug 6, 2021

    This was day 1

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  • Simple    Aug 6, 2021

    The chicks are settling well

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  • Simple    Jul 29, 2021

    Feeders and drinkers for the expected arrivals.

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  • Simple    Jul 29, 2021

    Preparations for chick arrival are underway.

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  • Simple    Jul 28, 2021

    Thank you to all the lenders who have once again come through for the business. I will share pictures of the farm preparations and the chicks collection is still scheduled for Saturday 31st.

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  • B

    Blair    Jul 27, 2021

    Hey Simple, greetings from Australia - hope this helps !

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    • Simple    Jul 27, 2021

      Thank you Blair. It will go a long way. I'm just glad that the worst seems to be behind us now.

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  • Simple    Jul 19, 2021

    Good morning zidisha community. The period from March 2020 has been extremely challenging due to the covid pandemic. While initially, my poultry business was unaffected, towards the end of 2020, I had a disease outbreak that wiped out most of my flock. Due to the logistical challenges of the pandemic, the restriction of movement prevented access to the farm for a while. There has also been an ongoing shortage of day old chicks that we use to restock our layer flocks. Waiting lists stretched out to as much as 9 months. However, I will finally receive my batch of new chicks on the 30th of July and the journey to rebuilding has commenced.

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  • Simple    Jun 13, 2021

    I am trying my best to clear the loan even if I have not managed to get back in business. The recovery is slow but I will get there.

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  • Simple    May 3, 2021

    I'm still struggling to get back on my feet

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