Buying more poultry equipment & hiring help

Jesper

Chipata, Zambia

100% repaid

Entrepreneur

Name

Jesper

Member since

July 2016

On-time repayments

284 installments  •  76%

About Me

My full names are Jesper Kumuhuza. I was born on 16th January, 1992 in Northwestern Province of Zambia. I started my grade one in 1998 at Ikelenge Primary School. My father was working a truck driver for a Catholic mission in our area. It was not an easy job for my Dad to educate six children from the income he got from his job as a driver. We used to walk about 10 kilometers fro and to school every week day with my siblings and a few friends.

I attended my grade one up to grade twelve at Ikelenge Primary school and High school respectively. Attaining education in the village was challenging as there were a lot of hurdles that I faced personally and as a family. It was through my determination and hard work that I managed to pull through to grade 12. Despite the hardships I went through, I scored good results and got accepted at the University of Zambia.

One thing that has helped me to overcome my challenges in life and pull through is because am supper focused, determined and organized on what I believe in and what is good for my life and the community I live in.

From college, I learnt that life/education is not about getting a job only, but changing the environment. I believe in a poverty free community. I want to plant a good environment for my children, family and community; hence I started my own business.
Chipata is a good town because it is a border town, with good business opportunities, developing at a high rate and yet to be called City.

During my free time, I like to read and research, surfing on the internet so that I stay informed and up to date with the world.

My Business

I run poultry for broiler chickens. The poultry is located near to my house and it can accommodate up to 300 chickens. I buy small chicks from local sellers and then keep them until they are ready for consumption then I sale them too. Of late chicken is one of the most consumed as relish in Zambia. Many Zambians buy chicken on a daily basis for home consumption and business for instance those running cafeterias and restaurants. Chicken is cheap and affordable, this helps even the poor to have the ability to buy chicken pieces and have a good meal in a day. So chicken is on demand in Chipata and as a person who has a heart for the community, I chose to run one (poultry) so as to provide the public with enough relish.

At the moment, the cost for selling one whole chicken is about K40 ($3.8) each. The small chicks cost about three Kwacha (Zambian Kwacha) each. The cost for selling one big chicken is arrived at after calculating all the expenses on feed and medicine for the chicks.

I use the profit from my business to pay for my house rentals, bills, and food. Apart from this, I also help my father since he is old now. The remaining profit I reinvest in the business with the dream of expanding it.
I plan to use some of the money to finish my house that I have built through zidisha help in my business. I will need to buy paint for painting the exterior and buy sealing materials. The loan also will help me to pay for labor expenses.

Loan Proposal

I intend to use the loan to purchase more equipment for my poultry. The poultry has expanded hence the need to buy more equipment for instance feeders and drinkers. This will help the chickens to have enough feeding and drinking space for easy healthy growth. The feeders and drinkers cost $6 for each.
In this case I need about 10 feeders and 10 drinkers. Looking at the amount of work load amounting from this expansion process, I wish to hire an extra help to help me manage the running of my poultry. This will be a person I will help to help out at part-time until when am capable of employing him or her on a permanent basis.
I am happy and positive that this will earn enough profit margin because in the poultry business, the higher the number of chicken we supply the more profit we will be able to make. Our profit will increase by more than 30 percent.

My Videos

Jan 11, 2021: My house project

Feedback

3

None

None

  • Heather    Jun 18, 2021

    :)

    Log in to reply • Share
  • Ivanof    Jan 8, 2021

    Simply perfect. Good and accurate communication.
    Jesper repaid on time.
    Just look at his profile and you will understand.
    Trust him.

    Log in to reply • Share
  • Joshi    Nov 16, 2018

    good experience. Will lend again.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$264.00

Date disbursed

Jan 16, 2017

Repayment status

On Time

Projected term

4 months

Lenders

T

tophini

Alma, United States

Gringotts

United States

Paul Buchheit

Mountain View, United States

Flipmore

Vancouver, Canada

John Minges

United States

roark22

Geneva, Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Chris

Zurich, Switzerland

F

freytsis

United States

Ask Jesper 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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Summary

Amount repaid

$264.07

Amount remaining

$0.00

Date repaid

Jun 20, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 28, 2017 $12.37 Feb 1, 2017 $12.37
Feb 4, 2017 $12.37 Feb 7, 2017 $12.37
Feb 11, 2017 $12.37 Feb 12, 2017 $12.37
Feb 18, 2017 $12.37 Feb 22, 2017 $12.37
Feb 25, 2017 $12.37 Mar 1, 2017 $12.37
Mar 4, 2017 $12.37 Mar 7, 2017 $12.37
Mar 11, 2017 $12.37 Mar 13, 2017 $12.37
Mar 18, 2017 $12.37 Mar 18, 2017 $12.37
Mar 25, 2017 $12.37 Mar 26, 2017 $12.37
Apr 1, 2017 $12.37 Apr 6, 2017 $12.37
Apr 8, 2017 $12.37 Apr 10, 2017 $12.37
Apr 15, 2017 $12.37 Apr 20, 2017 $12.37
Apr 22, 2017 $12.37 Apr 26, 2017 $12.37
Apr 29, 2017 $12.37 May 6, 2017 $12.37
May 6, 2017 $12.37 May 6, 2017 $12.37
May 13, 2017 $12.37 May 24, 2017 $12.37
May 20, 2017 $12.37 May 24, 2017 $12.37
May 27, 2017 $12.37 May 31, 2017 $12.37
Jun 3, 2017 $12.37 Jun 5, 2017 $12.37
Jun 10, 2017 $20.61 Jun 12, 2017 $20.61
Jun 17, 2017 $8.45 Jun 12, 2017 $5.15
Jun 20, 2017 $3.30

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