Building a big chicken house for poultry business
Jackson
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Jackson
Member since
February 2015
On-time repayments
136 installments • 14%
About Me
I was born in Kenya, Nakuru county, Bahati constituency. I sat for my Kenya Certificate of Secondary Education in the year 2013. I am the third born in a family of seven with both parents. I got employed by a village my neighbor where he has rared so many chickens, cows, sheep and goats and that's where I got the idea of raring poultry and livestock at my home and and from my savings I began with chickens. Maili Sita is a unique place near Menengai Crater, and as result tourists in and outside Kenya visit the area oftenly. During my free time I do research on animals and I like watching wild animal programmes and movies.
My Business
I rare, buy and sell chickens and i also sell eggs. I also have some few goats like the one in the profile picture. I decided to specialize in this type of business because I have the experience from where I am employed. I manage to sell about one hundred eggs per week and i sell each egg at ksh10 at a wholesale price, I have forty chickens and from the sale of eggs i get ksh4000 per month and I sell one cock at ksh1200 and ksh700 per hen. In addition to my salary of USD200 that is ksh18,000 i manage to cater for the monthly cost of USD20 that is ksh2000 including layers mash(chicken's food) to improve their production and their health. I reinvest my profits by buying more chicks and their food to keep the business going and as time goes by I will start investing in another area of Livestock and buy some sheep and goats then some cows.
Loan Proposal
I am going to build a winder house for my poultry which will cost USD50, so that I can rare more chicks and as result I will increase my profits at a high rate because many hens will lay many eggs per day and sin and I have a ready market for them, both eggs and chicken are currently of high demand and i already have the new bread which get mature faster and healthy. Very soon am also going to buy sheep and deal with livestock farming.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 19, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Austria
Muenster, Germany
United States
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