Purchasing 700 chicks as commercial layers

Geoffrey

Nairobi, Kenya

33% repaid

Follow Geoffrey How it Works

Entrepreneur

Name

Geoffrey

Member since

July 2013

On-time repayments

280 installments  •  72%

About Me

My name is Geoffrey Mwaniki, I reside in Nairobi County, Embakasi District, Fedha Estate. I was born in Machakos County, Kathiani Division, Kaani Sub Location. It is 12km from Machakos Town to Kaani town. And approximately 400 meters off Machakos Kitui road. There is a school next to my farm called St Catherine Girls High School. I am married to Edith Baru and we have been blessed with a baby boy called Nathanael Mwaniki.He is now 4 and half years. I have been farming for the last 6 years. What started as a passion has now grown to be an established business thanks to Zidisha loans which has helped me to grow my farming business.

My Business

I am in agribusiness where I practice mixed farming. I have a Green house where I grow tomatoes and capsicums. I am also in poultry where I have 200 indigenous birds. I also have cattle and have also planted pawpaws and mangoes. I have experienced tremendous growth over the last 2 years that I have been in the business. For example, I started with 5 she goats and 1 he goat and now I have over 20 goats. In the area of Poultry, I have been able to construct a house which can hold over 2,000 birds from proceeds from the farm which am planning to stock as soon as possible. I have been also able to plant over 1,000 pawpaw trees which will mature in the next 1 year. Already I have around 100 mature pawpaw trees which I sell the fruits to my customers in Nairobi.The climate condition in our area is very good for fruits which many customers prefer them because of the sweetness.

Loan Proposal

Hey,
I want to purchase commercial layers to boost my stock and also to grow my income. I intend to buy 700 chicks. Each chick will cost 1 U.SD which will bring a sum of 700 U.SD. I also intend to buy the initial feeds for the 700 chicks. Each chick will consume 2.5kg for the first 8 weeks.When i get this loan i will be able to buy the feeds for the 8 weeks.A bag of 50kg is costing 23 U.SD. given each chick is consuming 2.5kgs, the flock of 700 will consume 1,750 kgs which is equivalent to 35 bags of 50 kgs. So Total cost of this feeds will be 35 bags by 23 Dollars which is 805 U.SD. I will use the additional 200 U.SD to buy disinfectant to wash the place where I will brood the chick and also buy charcoal to providing the chick with the required warmth for the first 3 weeks. The remainder of the money which will be about 250 U.SD I will buy the growers mash which is given after the first 8 weeks of the chicks. I will be so grateful if you consider my Loan Propasal. Thanking you in advance.

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$2,767.00

Date disbursed

Oct 20, 2017

Repayment status

Late

Projected term

21 months

Other loans

Jan 2014:  $250

Jun 2014:  $393

Jan 2015:  $604

Nov 2015:  $842

Nov 2016:  $1,274

Lenders

PG

Paul Graham

United States

SB

Steffen Boga

Norway

VG

Valentin Gutknecht

Hong Kong

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Please log in to comment.

  • Geoffrey    May 29, 2023

    I Kindly want to start repaying my loan which lasted quite a while due to collapse of my business though I have started again albeit small

    Log in to reply • Share

  • John    Oct 21, 2018

    I hope all shall be well with Mwaniki since we have talked and he has assured me, he is going to clear his outstanding dues amicably. I shall notify you in case of any development . Thank you lenders

    Log in to reply • Share

  • John    Jun 4, 2018

    Geoffrey has promised to clear his outstanding debt soonest possible, he has reported to me, he had some unavoidable financial constraints that caused the missed payments. I am convinced that all is going to well due to his past exemplary record. I will let you know of any development when practicable

    Log in to reply • Share

  • Geoffrey    Oct 13, 2017

    Wow!!!!I am so so excited. Thank you my lenders for funding my loan.I commit myself that I will not let you down and I will keep you updated in the progress toward this good cause. Thank you very much.

    Log in to reply • Share

  • Geoffrey    Oct 6, 2017

    Once again words are failing me when I remember how you guys are helping. me and many others.
    Mine is to say a big thank you and beseech you not to stop doing good. Thank you so very much for helping me become somebody. My story is from rags to riches. I am very grateful to you all.

    Log in to reply • Share

  • Geoffrey    Jul 2, 2017

    My business is growing well and I think I can afford to pay a larger installment.

    Log in to reply • Share

  • Geoffrey    Dec 27, 2016

    Hey,
    I greet you all trusting that you are doing. First of all receive my apologies for not informing that I got the loan. I had gone to supervise the work after getting the loan. I am so grateful for the money and it has helped me to buy the materials for the finishing. Here are some of photos of work the work done.

    Log in to reply • Share

  • Geoffrey    Nov 28, 2016

    I am lost of words to express how I feel.ooh thank you so much my lenders for fully funding my loan.I pledge not to disappoint you in repayment. God bless you so very much.

    Log in to reply • Share

  • Geoffrey    Nov 24, 2016

    Sometimes words fails me when it comes to express my gratitude for the lenders who have believed in me and have seen me grow my farming passion to a farming business. The loans have been of tremendous help. As I come to you again,I have built a house from the the proceeds of my business and I can tell you the sky is not even the limit.thank you so very much and continue with the good work you are doing.

    Log in to reply • Share

  • Geoffrey    May 10, 2016

    I trust you are all well and doing fine. I am so grateful to start repaying my loan again after few months of challenges. My business had dipped a bit low due electricity shortcomings as our region was being upgraded which made me stop production of day old chicks. The power sub-station are now through with the upgrading and power supply has regained it's nolmacy and I am back to business. Thank you so very much for being patient with me.

    Log in to reply • Share

  • Geoffrey    Mar 29, 2016

    Trust you are all well.For the past two months business has been low and has affected my weekly repayment but I promise that I will bounce back soon.Please bear with me.

    Log in to reply • Share

  • Benedict    Dec 3, 2015

    Geoffery GO! GO!GO!
    I love the spirit.You will be successful!

    Log in to reply • Share

  • Geoffrey    Nov 19, 2015

    Thanks so much my lenders.Its another opportunity you have given me to expand my business.Now I will increase my poultry flock and not only expanding bringing a new breed which will revolutionize my business.Thank you very much and once again I promise to resilient in repayment of the loan.

    Log in to reply • Share

  • Geoffrey    Nov 5, 2015

    Hey to my lenders,
    It is always a joy to write to you. I am so delighted to inform you that I have fully repayed my loan and I am again to you to ask for another loan. The past loans have been of great help to establish my business especially the last loan which enabled me to purchase The back up generator. My business is growing in leaps and bounds thanks to you. I am able to pay school fees for my son with ease who joined Baby Class (Early Childhood Education) Again I say thank you and promise that if you help me get the loan I want to apply I will not let you down.Thank you.

    Log in to reply • Share

  • Laurent    Apr 30, 2015

    Hi Geoff,
    Very nice from you to have written a proactive post to let us know how you are doing.
    Good idea the picture as well.
    Take care. Laurent

    Log in to reply • Share

  • Geoffrey    Apr 15, 2015

    Hi team,
    Am so happy to write to you. Want to inform me you that I my generetor helped to get the best percentage rate I have ever gotten since I started hatching chicks. I got 420 chicks from 528 eggs incubated. Thats almsot 80%. Also I have notice the fuel consumption is very efficient. I have put the chicks in the brooder as I wait for clients to pick their orders and also others I will rear for my stock. Thank you so very much guys for you help.

    Log in to reply • Share

  • Geoffrey    Feb 25, 2015

    Hey Laurent, I trust you are doing fine. Yes did acquire the second generator and I can tell you time is very efficient. So far the major difference I have been able to notice is, it has very less noise compared to the old one.I will be able to know margin of fuel consumption by the end of the next hatching I will do which I am very sure it will be significant and will increase my profit margin.Thank you so much guys for the loan.

    Log in to reply • Share

  • Laurent    Feb 23, 2015

    Hello Geoffrey, I can see that you are repaying on time, thank-you for that. Have you been able yet to buy and install your second generator?
    Laurent

    Log in to reply • Share

  • Laurent    Jan 31, 2015

    Hi Geoffrey, good luck with you project and with your growth plan. I wish you all possible success!

    Log in to reply • Share


Loading...

Loading...

Loading...

Explore

Act

Connect

Account

© 2009 - 2024 Zidisha, Inc.   •   Terms and Privacy   •   Contact