Broiler boost business

Erick

Kericho, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

May 2016

On-time repayments

11 installments  •  100%

About Me

My life is linked to a humble background. Education was an a option and someone passing exams couldn't have meant anything to anyone. I passed my primary educations but due to optional perceptions on education I couldn't join the best school but just go to a nearby local school. I passed well again in my high school education but then the trend was all the same.i had to start asmallbusiness Business hasalways beenmy part of life since I need to makeendsmeet at the endof theday

My Business

Hello everyone. I do a chicken keeping business specifically the broilers. Its s bit expensive in terms of time and the dressing since it needs a watching eye to keep their health condition steady. Also the broiler business has enabledmeeducate my children and also provide meals for my family. It has also kept me busy and earn some returns like any other job. I'm planing to start my professional exams soon. Thank you.

Loan Proposal

I have always been dealing with a smaller quantity of broiler chicks and can realize some return even if minimum. I want to start with a 100 day old say 65 dollars and their feeds both stata and finisher say 150 dollars and other expenses then I'll be able to raise more than 350 dollars. That will really change my life.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 23, 2016

Repayment status

On Time

Projected term

12 months

Lenders

Matching Fund

Sterling, United States

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  • Erick    Sep 14, 2016

    Thanks lenders. I will use the money to increase the number of chicken birds to 500 and also get the chicken cage holding about 1000 birds and the personnel during supply and making them ready, their feeds as well I will prepare them. Thanks lenders courtesy of Zidisha

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  • Brian    Sep 9, 2016

    Would you mind going a bit into the costs and profit per bird? I'm interested in potentially funding this venture.

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    • Erick    Sep 11, 2016

      I get a bird by ksh. 60 and sell it out at ksh. 450. With 500 I'll get a profit of ksh 100,000 given that after I sell them out I'll get Ksh. 225,000 and the birds initial cost if ksh. 60 getting to a total of ksh. 30,000 subtract the feeding cost of ksh. 100,000. And the profit in return will be about ksh. 195,000 in dollars will be about $1950.

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      • Brian    Sep 12, 2016

        That's fantastic, what's the time table on this? Thank you for your response.

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        • Erick    Sep 13, 2016

          I am planning to start the activity on 20th September 2016 and with broilers they take six weeks to mature, so by 1st November 2016 I will have released them to the market.

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  • Erick    Aug 23, 2016

    Hi lenders, my business is really doing good. The broiler chickens that I ordered with the money I was disbursed have already been sold off and am making some profit. I can't really thank you enough. Thank you lenders courtesy of Zidisha.

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