Modern rabbit structure with cages, feeders & drinkers
Albert
Nairobi, Kenya
24% paid forward
Entrepreneur
Name
Albert
Member since
April 2022
On-time repayments
12 installments • 25%
About Me
My name is Albert Kipsoi a graduate in BSc Biochemistry from Karatina University, Kenya.
I am currently running a Rabbit Farm which is legally registered as SOI RABBIT FARM LTD as well as working with Chemical Industry task with manufacturing of detergents, disinfectants and antiseptics in Nairobi as Quality Assurance Manager.
Rabbits products i.e., manure, urine and meat are of great value in this century.
Rabbit meat is white lean meat with high protein content and low cholesterol and fat content unlike meat from cows and goats which are red. Red meat causes cancer when consumed frequently.
Rabbit urine and manure are organic in nature and cheaper compared to inorganic fertilizer which negatively affects the soil and aquatic life, they are also expensive.
My business is still at small scale due to limited capital on my end.
With experience in this business, I have realized that rabbit farming is very competitive given that there are few suppliers of rabbit meat, manure and rabbit urine while the demand is very high.
I would like to kindly urge potential lenders to support me financially so that I can utilize this opportunity to bridge the gap in the market.
My Business
1. . We sell rabbit meat, rabbits, urine and manure.
2. Rabbit meat is very nutritious and free from free radicals, hence, a preventive measure to cancer causing agents.
3. This kind of business has got few players while the demand of rabbit product is very high in Kenya. Rabbit manure is organic in nature hence solving the negative effects attributed by inorganic fertilizer.
4. With 600 rabbits we are guaranteed of KES 1,200,000 income in 6 months at a cost of KES 150,000.
4.1. INCOME STREAMS ARE:
4.1.1. Rabbit meat @ Kes 500 per Kg.
4.1.2. Rabbit urine. @ Kes 100 per Litre
4.1.3. Live Rabbits @ Kes 350 per kg
4.1.4. Rabbit skin @ Kes 250 per skin
4.1.5. Training @ Kes 1000 per Head
4.2. TARGET MARKET ARE:
4.2.1. Hospitality industry.
4.2.2. Local consumers
4.2.3. Supermarkets
4.2.4. Institutions of higher learning
4.3. EXPENSES ARE:
4.3.1. Pellets
4.3.2. Hay
4.3.3. Water
4.3.4. Labor
4.4 OUR BREEDS ARE:
4.4.1. Flemish Giant
4.4.2. New Zealand white
4.4.3. Chinchilla
4.4.4. Checkered
5. I reinvest my profit in to the business, paying school fees and corporate social responsibility.
Project Proposal
1. I will purchase a modernized rabbit structure and more rabbits to scale up my business.
2. I shall bridge the gap of low rabbit meat supply to supermarkets, hotels and to local consumers.
3. I expect my profit to increase from KES 10,000 weekly to KES 100,000 since rabbit are proliferating animals.
Feedback
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Neutral
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Negative
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Project Info
Project Type
Pay It Forward
Disbursed amount
$299.00
Date disbursed
May 21, 2022
Backers
United States
United States
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