Business expansion

Entrepreneur

About Me

Hello, my name is Alice Ayayo. I come from the Migori County in the Republic of Kenya.

I currently live and work in Nairobi where I also engage in chicken farming. This is now my second year farming chicken. I mainly rear chicken for eggs, which i sell to a number of hotels. I also sell eggs to my neighbours, which also earns me good income.

My Business

I wish to take this opportunity to thank all lenders who have on three past occasions funded my loan applications. I appreciate you all. My chicken farming business has since expanded and improved. I can now pay my loans comfortably in good time.

My eyes are still set on my long-term goal of being one of the major egg producers in my locality. I will certainly not be able to realise this goal without continuing to expand my business. The first chicks that i bought have started to lay eggs and supply to local hotels and other establishments has increased steadily. It is for this reason that I want to expand my business further to meet demand for eggs that I know for sure will still grow.

I now wish to establish a second chicken house in which I will house another group of layers. This is with the aim of realising my long-term goal of being one of the major egg producers in my locality.

Loan Proposal

I intend to use the whole loan amount in buying new birds. This will not only allow me to increase the population of my chicken; it will eventually allow me to sell more, in effect expanding my business.

My main aim in my business is to grow it to become a large-scale egg production business that supplies eggs to large hotels. I also intend to venture into value addition where i will not restrict myself to selling eggs only but make other products with the eggs for sale.

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