Buy chickens, vaccination and feeds for my poultry farm

Cynthia Chepkaitany

Baringo, Kenya

Funds disbursed

$0 to go

100% funded of $462 goal

0

days left

Entrepreneur

Name

Cynthia Chepkaitany

Member since

July 2016

On-time repayments

54 installments  •  15%

About Me

my name is cynthia. I grew up in baringo county in a family of six children.My mum was widowed at an early age,therefore we had to be independent early.I live and do my business in baringo,life has been tough because of insufficient fund to enlarge my business and therefore be able to have a better life. My dreams for the future is to give my children a better life than i had,and build my mum a permanent house

My Business

I do poultry farming,broilers and local breeds. The broiler is ready for market at 5wks,while the local breed takes time but is cheaper to maintain. Challenges are;expensive feeds and diseases outbreak for broilers. To increase number of poultry and start layers breed too is expensive.
my customers are local community residents and in a month i make profits of upto $ 150 which i use to help my family needs and expand my business more.

Loan Proposal

With the loan I am planning to increase the stock of my chicken by buying 200 whereby each cost Kshs 100 thus a total of Kshs 20000 and vaccination at Kshs 16000 for the 100 chicken. Feeds for the chickens will cost Ksh.8000This will increase my stock thus being able to meet the ever increasing customer demand which will translate into increase in net profit thus with time I will be able to introduce chicken for eggs.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$462.01

Date disbursed

Sep 24, 2016

Repayment status

Late

Projected term

11 months

Cost to entrepreneur

Service fee: $19.01

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