Buy 10 more chicks for livestock keeping
Samuel
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Samuel
Member since
July 2015
On-time repayments
70 installments • 66%
About Me
My names are njoroge Samuel from limuru i went to mange primary school and manguo high school,i couldn't further my education because my parents lucked money to see me through my education.
At first i tarmacked not knowing what to do but after some months i settled for chick raring which i started after doing Lab our jobs in construction sites and managed to save 4500 Kenya shillings.
I began with one chick and 10 eggs which 7 hatched successfully.
the amount i used in construction of chick house which is next to my room and buying equipments and planting of kale's.
My hobbies is dancing singing and traveling my siblings would are in school,and i would like to get to a point i support their education and see them finish school.
i do chicken raring for a living which i began after high school.
My Business
MY business is raring of chicken for sale of eggs and meat,I sell two crates of eggs a day and 30 hens a week making a profit of 100 Kenya shilling per hen and 300kes per crate.In a week i make a profit of 6600 Kenya shilling which i put back to buying feeds for my chicks and savings deposit.i spend 3000ksh on different variety of feeds as i have small chicks which uses starter feeds and old ones which i feed with Kale's.
I use this profits wisely and carefully as my biggest challenge is to be in market always.
Loan Proposal
I will use the granted amount to purchase 10 layers chicks at $2.5,10 hens at $2.5 and use the remaing $12 to buy water pipes and drinkers.
This will boost my livestock and strengthen my chain of supply.
I will make good profits of up to 100usd after this increase.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 29, 2015
Repayment status
On Time
Projected term
8 months
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