Name
Daniel
Member since
February 2015
On-time repayments
254 installments • 36%
My name is Daniel Mbugua, a poultry farmer from Mombasa - Kenya. I was born and raised in Mombasa where my father worked at the Kenya Ports Authority. I was born in a rural area where I grew up accustomed to fairly good infrastructure like electricity and paved roads.
In spite of relative good life in my childhood, I faced a number of challenges like lack of playing fields due to poor planning by the local authorities and I grew up deprived what would be considered as the basic necessities of a growing child. That notwithstanding, my parents raised me well and imparted good values early life.
I went to rural schools both for primary and secondary schools because my parents feared I would get involved in drug taking which was rampant in our neighborhood. I later joined a polytechnic where I did a three year course in civil engineering. I was hoping to secure a good job after the completing the course after my father's footsteps but I was not as lucky.
I decided to use our house backyard to start poultry keeping which remarkable success. This is what I am still doing to date and I have no regrets for doing so since it brings food on the table and I also get a lot of satisfaction from the job.
I am married with two kids both who are in school.
I rear broiler chicken as well as geese in my house backyard. I sell broilers to local hotels and to residents within the residential estates. Mombasa is a fast growing city and it has all the demands of big city and one of these is fast food. I saw this opportunity and decided to exploit it.
The living standards of the residents has also improved in the recent past and a good number of residents have a much better bargaining power as compared to yesteryears. What used to be a preserve of the rich (like chicken) is now a common dish among many.
I keep broilers that take between 5-6 weeks to mature. I normally buy them when they are one day old and if the survival rate is good (about or above 95%), I make about $150 per brood. I use the geese to provide eggs that I sell to support the family when I am not selling the chicken.
I am glad I have a ready market of loyal clients in hotels and also in the residential areas. If funded, I like to keep two sets of broilers and separate then within two weeks so as to ensure a continuous sale of the chicken instead of waiting for 6 weeks interval. However, for me to do this, I need to get a helping hand in form of affordable credit and this is where Zidisha comes in.
I used the previous loan to build a better coop for my chicken. The new coop is can accommodate 400 birds at a time. I currently have slightly over 200 birds. If loaned, I will use $200 to buy 200 day old chicks @ $1. I will use the remaining balance to buy chicken feed.
This expansion will double my income and it will be much easier to service my loan. I also take this opportunity to thank those who have supported me in the past because Zidisha loans have lifted my business to levels I did not expect in such a short time.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$365.00
Date disbursed
Jan 2, 2016
Repayment status
On Time
Projected term
15 months
New York, United States
[email protected], Belgium
I want my "My loans" page back, Qatar
Odense, Denmark
JOHNS ISLAND, United States
Plainsboro, United States
Germany
Portland, OR USA, United States
Beach City, United States
Silver Spring, United States
Tulsa, United States
United States
United States
United States
Munich, Germany
Sacramento, United States
Amsterdam, Netherlands
Montreal, QC, Canada, Canada
United States
United States
Spain
United States
United States
Sweden, Greece
United States
United States
United States
Australia
United States
United States
United States
Ask Daniel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.