Purchase of 200 chicks

Mdoe

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Mdoe

Member since

July 2014

On-time repayments

290 installments  •  44%

About Me

Am a young man aged 31 years old.am a third born of six members of our family.our family is made up of seven menbers,six children and the mother.My father passed away in 2002.
I live in kenya at nakuru town.
I am a teacher by profession working at mission in action school.
i went through my primary school at githima primary in kuresoi.in 2001 i joined rift valley adventist secondary school untill 2004.
I later progressed to kamagambo teachers college in 2007 and graduated in 2009.
Am currently a4th year student at Kentatta university.
i like travelling,listening to music and watching movies.
am soo poor in choosing a meal to cook for dinner.

My Business

POULTRY FARM
I have 630 layers.
I collect a minimum of 18700 eggs per month converting to 623 crates each selling at $3.In total it earns me a total of $1870
The eggs produced are of good quality and therefore prefered by my customers.Apart from this eggs are in high demand in my town of residence.
The project expenses per month is as follows:
Food 2000kg $880
Medication $100
Electricity bill $10
Caretacker $50
Transport $50
Others $50
TOTAL $50
Profit $1190
Challenges.
The breaking of eggs during packing and transportation.
incase of a disease a hen is lost

Apart from the poultry farm i conduct private coaching where i attend to an average of 30 students in a month.Every student pays a fee of $5 monthly adding up to $150.The tution runs from 5.30pm-8.00pm every Monday-Friday.This is after am done with the employed work.

Loan Proposal

The loan will help me buy the following:
200-one day old chicks @$1 =$200
Food(chick mash)5-50kg bags@$27= $135
vaccines and antibiotics for$20
sawdust for$10
The loan will help me in the purchase of the 200 chicks which in 6 months time will help me in meeting the growing demand for eggs in my area.For my customers it will be a relief as i'll be delivering the eggs on time.

I expect to increase my profits by $200 a month.

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$368.00

Date disbursed

Dec 10, 2015

Repayment status

On Time

Projected term

10 months

Lenders

ErikN

Stockholm, Sweden

B

blahblah

Nuernberg, Germany

D

Divergent

Bethesda, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Z

zidscott

United States

KieranB

Ireland

MW

Matt Willis

United States

BS

Brandon S

United States

DK

Danny Kelly

United States

MW

Mark Walmsley

Canberra, Australia

Ask Mdoe 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

$386.82

Amount remaining

$0.00

Date repaid

Nov 5, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 20, 2015 $5.00 Dec 24, 2015 $5.00
Dec 27, 2015 $1.00 Dec 25, 2015 $1.00
Jan 3, 2016 $1.00 Jan 3, 2016 $1.00
Jan 10, 2016 $1.00 Jan 11, 2016 $1.00
Jan 17, 2016 $1.00 Jan 17, 2016 $1.00
Jan 24, 2016 $1.00 Jan 31, 2016 $1.00
Jan 31, 2016 $1.00 Jan 31, 2016 $0.90
Feb 8, 2016 $0.10
Feb 7, 2016 $1.00 Feb 8, 2016 $1.00
Feb 14, 2016 $1.00 Feb 14, 2016 $1.00
Feb 21, 2016 $1.00 Feb 22, 2016 $1.00
Feb 28, 2016 $1.00 Feb 29, 2016 $1.00
Mar 6, 2016 $1.00 Mar 7, 2016 $1.00
Mar 13, 2016 $1.00 Mar 20, 2016 $1.00
Mar 20, 2016 $1.00 Mar 20, 2016 $1.00
Mar 27, 2016 $1.00 Mar 28, 2016 $1.00
Apr 3, 2016 $1.00 Apr 6, 2016 $1.00
Apr 10, 2016 $1.00 Apr 10, 2016 $0.50
Apr 10, 2016 $0.50
Apr 17, 2016 $1.00 Apr 24, 2016 $1.00
Apr 24, 2016 $1.00 Apr 24, 2016 $1.00
May 1, 2016 $1.00 May 8, 2016 $1.00
May 8, 2016 $1.00 May 8, 2016 $1.00
May 15, 2016 $1.00 May 22, 2016 $1.00
May 22, 2016 $1.00 May 22, 2016 $1.00
May 29, 2016 $1.00 Jun 12, 2016 $1.00
Jun 5, 2016 $1.00 Jun 12, 2016 $1.00
Jun 12, 2016 $1.00 Jun 12, 2016 $1.00
Jun 19, 2016 $1.00 Jun 28, 2016 $1.00
Jun 26, 2016 $1.00 Jun 28, 2016 $1.00
Jul 3, 2016 $1.00 Jun 28, 2016 $1.00
Jul 10, 2016 $1.00 Jul 21, 2016 $1.00
Jul 17, 2016 $1.00 Jul 21, 2016 $1.00
Jul 24, 2016 $1.00 Jul 21, 2016 $1.00
Jul 31, 2016 $1.00 Aug 13, 2016 $1.00
Aug 7, 2016 $1.00 Aug 13, 2016 $1.00
Aug 14, 2016 $1.00 Aug 13, 2016 $1.00
Aug 21, 2016 $1.00 Sep 12, 2016 $1.00
Aug 28, 2016 $1.00 Sep 12, 2016 $1.00
Sep 4, 2016 $1.00 Sep 12, 2016 $1.00
Sep 11, 2016 $1.00 Sep 18, 2016 $1.00
Sep 18, 2016 $1.00 Sep 18, 2016 $0.50
Sep 26, 2016 $0.50
Sep 25, 2016 $1.00 Sep 26, 2016 $1.00
Oct 2, 2016 $58.00 Oct 2, 2016 $58.00
Oct 9, 2016 $17.00 Oct 9, 2016 $17.00
Oct 16, 2016 $1.00 Oct 23, 2016 $1.00
Oct 23, 2016 $1.00 Oct 23, 2016 $1.00
Oct 30, 2016 $1.00 Oct 31, 2016 $1.00
Nov 6, 2016 $263.82 Nov 5, 2016 $263.82

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